1646 Branch Road, Wells, ME 04090

$849,999
Property Type: Multi-Family Baths: 4 Square Footage: 3,168 Lot Size (sq. ft.): 43,560 Status: Active
Current Price: $849,999 List Date: 3/05/2026 Last Modified: 3/15/2026

Description

Rare Fourplex Opportunity in Wells, Maine - 1646 Branch Road Investors take notice! This rare four-unit property in desirable Wells, Maine offers strong rental income with additional upside potential. Each unit features 2 bedrooms and 1 full bath, providing an ideal layout for long-term tenants. Units A & B are heated with efficient kerosene monitor heaters, while Units C & D have been updated with newer Rinnai propane heaters, offering improved efficiency and reliability. One unit will be delivered vacant at closing--perfect for an owner-occupant looking to offset their mortgage or for an investor seeking immediate rent growth. Current rents are solid with room for improvement, making this a strong value-add opportunity in a high-demand rental market. Conveniently located near area beaches, shopping, and commuter routes, this property combines steady income potential with long-term appreciation in one of Southern Maine's most sought-after communities.

Supplements: ********

More Information MLS# 1653362

Location Information

Book: 19527 Leased Land: No Page: 546 Map: 0084 Lot: 005 Zoning Overlay: No Association: No School District: Wells-Ogunquit CSD Tree Growth Y/N: No Street #: 1646 Street Name: Branch Street Type: Road County: York Town: Wells State/Province: ME Zip Code: 04090 Zip +4: 6068 Zoning: R Full Tax Amount $: 3905 Tax Year: 2025 Geo Lat: 43.378843 Geo Lon: -70.590224

Property Information

Surveyed: No Seasonal: No Number of Units: 4 Deed/Conveyance Type Offered: Warranty Deed: All Lot Size Acres +/-: 1 Total Baths: 4 Total Half Baths: 0 Color: White Road Frontage: Yes Road Frontage +/-: 125 Source of Road Frontage: Public Records SqFt Finished Above Grade: 3168 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 4 Year Built: 1974 SqFt Finished Total: 3168 Source of Acreage: Public Records

Levels

Multi-Level: 1

Site

Level: 1 Wooded: 1

Location

Abuts Conservation: 1 Rural: 1

Roads

Paved: 1 Public: 1

Transportation

Major Road Access: 1 Rail Available: 1

Water Info

Water Frontage: No Water View: No

Recreational Water

Nearby: 1

Style

Colonial: 1 Split Level: 1

Construction

Wood Frame: 1

Other Structures

Shed(s): 1

Basement

None: 1

View

Trees/Woods: 1

Foundation Materials

Block: 1

Exterior

Vinyl Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Direct Vent Heater: 1

Heat Fuel

Electric: 1 K-1/Kerosene: 1 Propane: 1

Income & Expenses

Gross Income: 89640 Operating Expenses: 3500

Cooling

None: 1

Floors

Carpet: 1 Laminate: 1 Luxury Vinyl: 1 Vinyl: 1

Units

# of 2 BD Units: 4

Parking

11 - 20 Spaces: 1 Off Street: 1 On Site: 1

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 2000 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: No Level: First Security Deposit: No Monthly Rent: 1770 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Bottled: 1

Unit 4

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1850 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Private Sewer: 1 Septic Tank: 1

Water

Private: 1 Well: 1

Driveway

Gravel: 1

Restrictions

No Restrictions: 1

Basement Entry

Not Applicable: 1

Water Heater

Electric: 1

Equipment

Cable: 1 Internet Access Available: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 849999 List Price: $849,999 Current Price: $849,999

Property Features

Site: Level; Wooded Location: Abuts Conservation; Rural Roads: Paved; Public Transportation: Major Road Access; Rail Available Recreational Water: Nearby View: Trees/Woods Style: Colonial; Split Level Levels: Multi-Level Construction: Wood Frame Other Structures: Shed(s) Basement: None Basement Entry: Not Applicable Foundation Materials: Block Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Direct Vent Heater Heat Fuel: K-1/Kerosene; Propane Water Heater: Electric Cooling: None Floors: Carpet; Laminate; Luxury Vinyl; Vinyl Equipment: Cable; Internet Access Available Driveway: Gravel Parking: 11 - 20 Spaces; Off Street; On Site Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer; Septic Tank Water: Private; Well
Listing Office: River's Edge Realty LLC
IDX
Last Updated: March - 15 - 2026
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