1047 Valley Rd Waterford, ME 04088
Estimated payment $2,507/month
Highlights
- Contemporary Architecture
- No HOA
- Views
- Main Floor Bedroom
- Bathtub
- Tankless Water Heater
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,159
Year Built
- Built in 1900
Lot Details
- 0.9 Acre Lot
- Rural Setting
- Level Lot
- Open Lot
Home Design
- Contemporary Architecture
- Concrete Foundation
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
- Property Views
Flooring
- Linoleum
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Crawl Space
Parking
- Common or Shared Parking
- Gravel Driveway
- Shared Driveway
- On-Site Parking
Outdoor Features
- Shed
Utilities
- No Cooling
- Heating System Uses Kerosene
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Private Water Source
- Well
- Tankless Water Heater
- Oil Water Heater
- Septic Tank
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number WATD-000075-000000-000020
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,159 | $118,630 | $31,000 | $87,630 |
| 2022 | $1,886 | $118,630 | $31,000 | $87,630 |
| 2021 | $1,874 | $118,630 | $31,000 | $87,630 |
| 2019 | $1,851 | $118,630 | $31,000 | $87,630 |
| 2018 | $1,827 | $118,630 | $31,000 | $87,630 |
| 2017 | $1,809 | $118,630 | $31,000 | $87,630 |
| 2016 | $1,815 | $118,630 | $31,000 | $87,630 |
| 2015 | $1,803 | $118,630 | $31,000 | $87,630 |
| 2014 | $1,696 | $118,630 | $31,000 | $87,630 |
| 2013 | $1,696 | $118,630 | $31,000 | $87,630 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | For Sale | $425,000 | -- | $236 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Maine Listings
MLS Number: 1631123
APN: WATD-000075-000000-000020
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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