1047 Valley Road, Waterford, ME 04088
$425,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
1,800
Lot Size (sq. ft.):
39,204
Status:
Active
Current Price:
$425,000
List Date:
7/19/2025
Last Modified:
7/19/2025
Description
Endless Possibilities in the Heart of Waterford!
Located in the charming and peaceful village of Waterford, this 3-unit multi-family property at 1047 Valley Rd offers a rare opportunity for investors or homeowners seeking versatility and value.
Whether you're looking to generate steady rental income, live in one unit and rent the others, or convert the building into a spacious single-family home, this property delivers. Each unit has its own unique layout, and the building is nestled in a scenic area surrounded by nature.
Enjoy outdoor living with fishing spots and Atv/snowmobile trailhead just a stone's throw away—perfect for hiking, kayaking, and soaking in the natural beauty of Western Maine. This is small-town living at its best, with the bonus of investment potential.
Key Features:
3 separate rental units
Flexible layout for multi-generational living or income property
Located on a quiet, scenic road
Close to hiking trails, lakes, and year-round outdoor recreation
Just a short drive to Norway, Bridgton, and Sunday River
This is a must-see for investors, nature lovers, and anyone seeking a peaceful Maine lifestyle with income potential.
Supplements: ********
More Information MLS# 1631123
Location Information
Book: 5645
Leased Land: No
Page: 102
Map: 75
Lot: 20
Zoning Overlay: Unknown
Association: No
Tree Growth Y/N: No
Street #: 1047
Street Name: Valley
Street Type: Road
County: Oxford
Town: Waterford
State/Province: ME
Zip Code: 04088
Zip +4: 3071
Zoning: RA
Full Tax Amount $: 2159
Tax Year: 2024
Geo Lat: 44.237587
Geo Lon: -70.77621
Property Information
Surveyed: No
Seasonal: No
Number of Units: 3
Deed/Conveyance Type Offered: Warranty
Deed: All
Lot Size Acres +/-: 0.9
Total Baths: 3
Total Half Baths: 0
SqFt Finished Above Grade: 1800
SqFt Finished Below Grade: 0
SqFt Source: Seller
Garage: No
Garage Spaces: 0
Total Full Baths: 3
Year Built: 1900
SqFt Finished Total: 1800
Source of Acreage: Public Records
Site
Level: 1
Open: 1
Location
Rural: 1
Roads
Paved: 1
Public: 1
Water Info
Water Frontage: No
Water View: No
Style
Contemporary: 1
Construction
Wood Frame: 1
Other Structures
Shed(s): 1
Basement
Bulkhead: 1
Crawl Space: 1
Full: 1
Sump Pump: 1
Unfinished: 1
Walk-Out Access: 1
View
Fields: 1
Foundation Materials
Pillar/Post/Pier: 1
Poured Concrete: 1
Exterior
Vinyl Siding: 1
Roof
Metal: 1
Heat System
Baseboard: 1
Hot Water: 1
Building Info
# Stories: 2
# Water Heaters: 1
Heat Fuel
Electric: 1
K-1/Kerosene: 1
Propane: 1
Income & Expenses
Gross Income: 0
Operating Expenses: 0
Cooling
None: 1
Floors
Laminate: 1
Linoleum: 1
Vinyl: 1
Units
# of 2 BD Units: 2
# of 3 BD Units: 1
Parking
5 - 10 Spaces: 1
On Site: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 0
# Full Baths: 1
# of Rooms: 6
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 0
# Full Baths: 1
# of Rooms: 7
# of Bedrooms: 1
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3
Lease: No
Level: Second
Security Deposit: No
Monthly Rent: 0
# Full Baths: 1
# of Rooms: 7
# of Bedrooms: 3
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
No Gas: 1
Sewer
Septic Tank: 1
Water
Private: 1
Well: 1
Driveway
Common: 1
Gravel: 1
Basement Entry
Bulkhead: 1
Interior: 1
Water Heater
Electric: 1
Oil: 1
Tank: 1
Tankless: 1
Amenities
1st Floor Bedroom: 1
1st Floor Primary BR w/Bath: 1
Bathtub: 1
One-Floor Living: 1
Shower: 1
Equipment
Cable: 1
Internet Access Available: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Active
Original List Price: 425000
List Price: $425,000
Current Price: $425,000
Property Features
Site: Level; Open
Location: Rural
Roads: Paved; Public
View: Fields
Style: Contemporary
Construction: Wood Frame
Other Structures: Shed(s)
Basement: Bulkhead; Crawl Space; Full; Sump Pump; Unfinished; Walk-Out Access
Basement Entry: Bulkhead; Interior
Foundation Materials: Pillar/Post/Pier; Poured Concrete
Exterior: Vinyl Siding
Roof: Metal
Heat System: Baseboard; Hot Water
Heat Fuel: K-1/Kerosene; Propane
Water Heater: Electric; Oil; Tank; Tankless
Cooling: None
Floors: Laminate; Linoleum; Vinyl
Amenities: 1st Floor Bedroom; 1st Floor Primary BR w/Bath; Bathtub; One-Floor Living; Shower
Equipment: Cable; Internet Access Available
Driveway: Common; Gravel
Parking: 5 - 10 Spaces; On Site
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: No Gas
Sewer: Septic Tank
Water: Private; Well
Listing Office:
Beagle Realty
IDX
Last Updated: July - 19 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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