2-Family Ranch with Detached
321 N Berwick Road, Wells, ME 04090
New
MULTI_FAMILY - Contemporary, Ranch - Wells, ME
Type:Single Family Residence
Property size:
3,121 SFLot size:
1.50 AcresPrice / SF:
$216/SF- Added:
- Jul 3, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 9 at 4:06 pm
Property Features for 321 N Berwick Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- RA
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 2, Basement
- Patio and Porch features
- Patio, Deck, Porch
- Interior features
- In-Law Apartment, 1st Floor Bedroom, Pantry, Shower, Storage
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 3,121 SF
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3695
Utilities
- Sewer type
- Private Sewer, Septic Tank
- Heating system
- Propane (Heating), Space Heater, Forced Air
- Cooling system
- Central Air
- Water source
- Private, Well
Building Details
- Year built
- 1977
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Composition, Shingle
- Architectural style
- Ranch, Contemporary
- Additional Structures
- Storage
Listing agent Pamela Moody-Maxon (207) 251-3585
Listing office Moody Maxon Real Estate 159 Lupine Lane, Wells, ME (207) 251-3585
Listing date Jul 3, 2026
MLS# 1666686
Listing URL
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2‑family home with detached garages on 1.5 acres in Wells
- Main home features 3 bedrooms plus a bonus room and 2.5 baths with laundry
- Left‑side apartment has open kitchen, living and dining area plus 1 bedroom, full bath, and walk‑in closet
- Each unit includes its own laundry area
- Heating includes forced‑air propane for the main home, monitor‑style propane heaters in the apartment; central air in main home and built‑in AC in apartment
- Whole‑house Generac generator plus patio, deck, and porches; vinyl siding, wood frame construction, and shingle/compose roof
Overview
This contemporary ranch-style 2-family home is set up as two separate units under one roof. The right side includes three bedrooms plus a bonus room, along with 2.5 baths and dedicated laundry, featuring a large living and dining area and a spacious kitchen with cabinet space and counters plus a butler’s-style pantry. The left-side apartment offers an open concept kitchen, living, and dining area, a large bedroom with a full bathroom and walk-in closet, and its own laundry area. Heating includes forced hot air propane for the main home and monitor-style propane heaters in the apartment, and the main house has central air via a forced air system plus built-in AC in the apartment. The property also includes a whole-house automatic Generac generator, an outdoor deck and back patio, and two detached garages.
The home sits on 1.5 acres and is described as both commercial and residentially zoned (RA). The seller notes commuter access with proximity to the highway entrance and about 5 minutes to Wells Harbor Beach.
For buyers or operators seeking a self-contained duplex format, the layout provides independent living spaces with separate laundry for each side, plus multiple climate-control options depending on unit. The detached garages and generator support practical day-to-day utility and storage needs, while the deck and patio offer usable outdoor space adjacent to the woods.
The home sits on 1.5 acres and is described as both commercial and residentially zoned (RA). The seller notes commuter access with proximity to the highway entrance and about 5 minutes to Wells Harbor Beach.
For buyers or operators seeking a self-contained duplex format, the layout provides independent living spaces with separate laundry for each side, plus multiple climate-control options depending on unit. The detached garages and generator support practical day-to-day utility and storage needs, while the deck and patio offer usable outdoor space adjacent to the woods.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.4k | $25.44 |
| − Vacancy | −$3.9k | −$1.26 |
| EGI | $75.5k | $24.18 |
| − OpEx | −$22.6k | −$7.25 |
| NOI | $52.8k | $16.93 |
3,121 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$754.8K
$660.4K – $880.6K
NOI $52,833 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$689.0K
$602.9K – $803.9K
NOI $48,233 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$989.3K
$865.7K – $1.15M
NOI $69,254 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Wells
- County
- York
- State
- Maine
- Longitude
- -70.634137
- Latitude
- 43.324846
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained 2-family ranch with detached garages, separate laundry areas, and multiple propane and central air options.
Where is this duplex located?
The property is located at 321 N Berwick Road Wells, ME.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: 2‑family home with detached garages on 1.5 acres in Wells; Main home features 3 bedrooms plus a bonus room and 2.5 baths with laundry; Left‑side apartment has open kitchen, living and dining area plus 1 bedroom, full bath, and walk‑in closet
