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Three-Unit Residential Income Property
For Sale
$319,000

1047 Valley Road, Waterford, ME 04088

Recently refurbished three-unit multifamily building with generous parking and move-in-ready interiors.

Property Size1,800 SF
Price / SF$177.22
Days on Market163

Property Features for 1047 Valley Road

General Information

Standard status Active
Size 1,800 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1900
Listing Agency: Beagle Realty
Listed By: Geoffrey Brisson
Source: Compass
Added: Feb 24 Changed: Jul 20 Last Checked: Aug 5 at 11:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beagle Realty

Investment Insights

Based on property information with market context.

This three-unit multifamily residential income property has been recently refurbished and is move-in ready. The interior layout supports either maintaining the configuration as individual units or converting it into a single larger family home.

The building is located in the village of Waterford, Maine, and offers a generous amount of parking. It is described as being near the local snowmobile and ATV trailhead, with the Whitemountain National Park reached a few minutes away via Route 35.

For buyers seeking a property with flexible layout options, the current three-unit setup provides straightforward residential income use while still allowing an alternative single-family conversion based on the stated interior configuration.

Key Highlights

  • 3‑unit multifamily building with move‑in‑ready interiors and recently refurbished condition
  • Interior layout includes 1st‑floor bedroom and 1st‑floor primary bedroom with bath on‑site
  • Hot water and baseboard heating; cooling is listed as none

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 04088, ME

1,533
Population
993
Households
1.5
Avg Household Size
50
Median Age
30%
College-Educated
93%
High-School Grad
49.8 sq mi
ZIP Area
31
Density / Sq Mi
$65,000
Median Household Income
$37,583
Median Earnings
$835
Median Rent
$242,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Recently refurbished three-unit multifamily building with generous parking and move-in-ready interiors.
Where is this triplex located?
The property is located at 1047 Valley Road Waterford, ME.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 3‑unit multifamily building with move‑in‑ready interiors and recently refurbished condition; Interior layout includes 1st‑floor bedroom and 1st‑floor primary bedroom with bath on‑site; Hot water and baseboard heating; cooling is listed as none
More about this property
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