424 Ward Hill RD Pending Save Request In-Person Tour Request Virtual Tour
Troy,ME 04987
Key Details
Property Type Multi-Family
Listing Status Pending
Square Footage 2,767 sqft
Price per Sqft $166
MLS Listing ID 1622020
Style Raised Ranch
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,119
Year Built 1989
Annual Tax Amount $2,933
Tax Year 2024
Lot Size 22.300 Acres
Acres 22.3
Source Maine Listings
Land Area 2767
Property Description
Looking for a cash-flowing investment with serious upside potential? This unique and fully renovated property is a true income machine and it's ready for you. Nestled on 22 private acres, this property has undergone a complete transformation: new roof, siding, windows, flooring, heating system, and more.
The main home features a bright, open-concept kitchen/living space, two spacious bedrooms, and a fully updated bathroom. It's currently rented for $2,400/month. The daylight walk-out basement offers potential for additional finished living space, whether it's bedrooms, an in-law suite, home office, or even a second unit for added income.
Above the attached two-car garage, you'll find a beautifully remodeled 1-bedroom apartment bringing in $1,550/month. But that's not all, tucked away on the property is a brand new 24' Pacific Yurt already set up and perfect for Airbnb or short-term rentals.
The land itself adds even more value: three additional lots with driveways already in place offer room for expansion, development, or resale. With trails throughout the land and direct access to snowmobile and ATV routes, this property is a four-season attraction.
Just 35 minutes to Waterville or Bangor, and with the seller open to partial owner financing, this opportunity checks every box for an investor looking for passive income and long-term growth.
Location
State ME
County Waldo
Zoning Residential
Rooms
Basement Interior,Walk-Out Access,Daylight,Finished,Full,Unfinished
Interior
Interior Features 1st Floor Bedroom
Heating Baseboard
Cooling Wall/Window Unit(s)
Flooring Vinyl,Laminate
Laundry Laundry - 1st Floor,Upper Level,Main Level
Exterior
Parking Features Storage Above,11 - 20 Spaces,Gravel,Inside Entrance
Garage Spaces 2.0
Utilities Available 1
View Y/N Yes
View Trees/Woods
Roof Type Shingle
Street Surface Paved
Garage Yes
Building
Lot Description Rolling/Sloping,Open,Level,Wooded,Rural
Foundation Concrete Perimeter
Sewer Private Sewer
Water Private
Architectural Style Raised Ranch
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Pellets, Propane, Wood