$925,000
PENDING

4 Wilson St Topsham, ME 04086

Estimated payment $5,670/month

Total Views 14,135
-- Bed
6.5 Baths
5,900 Sq Ft
$157 Price per Sq Ft

Highlights

  • Scenic Views
  • Colonial Architecture
  • Wooded Lot
  • 1.48 Acre Lot
  • Deck
  • Wood Flooring

About This Home

Cash-Flowing 4-Unit with Buildable Lots & New Roof

Investors, developers, and equity-minded buyers—opportunities like this are rare! This unique property includes a cash-flowing 4-unit building plus two additional buildable lots, each with written confirmation from the town that they meet standards to support a duplex with proper permitting and planning. Thinking even bigger? According to Topsham's Multifamily Dwelling Dimensional Requirements, the existing parcel could potentially support up to 24 additional units—an exceptional chance to create workforce housing or dramatically expand your portfolio. With a strong rental history, income potential, and classic farmhouse charm, this property delivers both immediate returns and long-term upside. Recent updates include new electrical breakers, a new hot water tank, and a fully renovated first-floor unit—making it an excellent option for owner-occupants seeking comfort alongside cash flow. Even better, the seller is replacing the asphalt roof in September. All units are currently tenant-occupied, and showings require 24-36 hours' notice.

Listing Agent

Nicholas Guerrette

RE/MAX Shoreline Listed on: 08/14/2025

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,939

Year Built

  • Built in 1880

Lot Details

  • 1.48 Acre Lot
  • Landscaped
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Post and Beam
  • New Englander Architecture
  • Farmhouse Style Home
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Screened Porch
  • Scenic Vista Views

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Sump Pump
  • Natural lighting in basement

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Internet Available

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Deck
  • City Lot
  • Pasture

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number TOPM-000003-000000-000005U

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $33,052
  • Gross Income $115,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,939

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.48
  • Road Surface Type: Paved
  • MLS Status: Pending
  • Directions: 295 North to exit 31. Right on Lewiston rd, Right on Main st., Right on Wilson Street. #4 is the 1st house on the left
  • Above Grade Finished Sq Ft: 5300.0
  • Architectural Style: Colonial, Farmhouse, New Englander
  • Garage Yn: Yes
  • Building Stories: 3
  • Structure Type: Post & Beam
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.48
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 5300.0
  • Property Information:SqFt Finished Below Grade: 600.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 115200.0
  • Income Expenses Operating Expenses: 33051.75
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Parking:Paved3: Yes
  • Heat Fuel:Wood2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Water Heater:Oil2: Yes
  • View:Scenic: Yes
  • Site:PastureField: Yes
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Patio and Porch Features:Porch-Screened: Yes
  • Structure Type Post Beam2: Yes
  • Heat System:Zoned: Yes
  • Heat System Wood Stove: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Interior, Walk-Out Access, Daylight, Finished, Full, Partial, Sump Pump, Unfinished
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 600.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Well Landscaped, Rolling/Sloping, Pasture/Field, Level, Wooded, Intown, Neighborhood
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Other, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Wood Stove, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 64468.8
  • Parcel #: TOPM-000003-000000-000005U
  • Zoning: R1

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 115200.0
  • Annual Operating Expense: 33051.75

Tax Info

  • Tax Annual Amount: 9939.0
  • Tax Lot: 5
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2025 09/06/25 Pending -- -- --
08/14/2025 08/14/25 For Sale $925,000 +18.1% $157 / Sq Ft
02/28/2023 02/28/23 Sold $783,000 +1.0% $133 / Sq Ft View Prior Sale
11/08/2022 11/08/22 For Sale $775,000 -- $131 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1634341

Maine Listings