Troy, ME 04987 424 Ward Hill Road

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Presented By: Real Broker; 207-314-8443
  • MLS# 1622020
  • 05/09/2025
  • Request Tour
  • Request Info
  • Baths • 2
  • SQFT • 2,767
  • Garage • 2

Home Details

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.
Presented By: Real Broker; 207-314-8443

Interior Features for 424 Ward Hill Road

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

Above Grade Finished Area2119.0
Air Conditioning Y/NYes
BasementInterior, Walk-Out Access, Daylight, Finished, Full, Unfinished
Basement (Y/N)No
Below Grade Finished Area648.0
FlooringVinyl, Laminate
Heating Y/NYes
Interior Amenities1st Floor Bedroom
Laundry FeaturesLaundry - 1st Floor, Upper Level, Main Level

General for 424 Ward Hill Road

Additional Parcels Y/NNo
Architectural StyleRaised Ranch
Attached Garage Yes
Carport Y/NNo
CityTroy
Construction MaterialsVinyl Siding, Wood Frame
CoolingWall/Window Unit(s)
CountyWaldo
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths2
Garage Spaces2.0
Garage Y/NYes
Gross Income69600.0
HOANo
HeatingBaseboard
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet971388.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total2
Operating Expense9348.0
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPrivate Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Tax Annual Amount2933.0
Tax Lot36
Tax Year2024
UtilitiesUtilities On, Pole
ViewTrees/Woods
Year Built1989
ZoningResidential

Exterior for 424 Ward Hill Road

Building Area Total2767.0
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRolling/Sloping, Open, Level, Wooded, Rural
Lot Size Acres22.3
Lot Size Area22.3
Lot Size SourceSurvey
Open Parking Y/NNo
Parking FeaturesStorage Above, 11 - 20 Spaces, Gravel, Inside Entrance
Road Surface TypePaved
SpaNo
Water SourcePrivate
Waterfront Y/NNo

Additional Details

Price History

Debbie Bodwell

Branch Manager
Price $459,900
MLS#1622020
List Date 05/09/2025
Property Type Contingent
Phone 207.754.3962
Request Tour
Request Info
Visit My Website

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