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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Wells, ME
Rental Income
$ 324,999
ROI
21.8
Cash Flow/m
185- 2 Bed
- 2 Bath
- 804 sft
60 Mile Road #41, Wells, ME, 04090
$ 250,000
ROI
23.3Cash Flow/m
245- 1 Bed
- 2 Bath
- 850 sft
1373 Post Road #10 A, Wells, ME, 04090
Airbnb Potential
$ 238,000
ROI
22.0Cash Flow/m
145- 1 Bed
- 2 Bath
- 576 sft
76 Post Road #17&18M, Wells, ME, 04090
Rental Income
$ 154,900
ROI
20.0Cash Flow/m
10- 1 Bed
- 1 Bath
- 288 sft
76 Post Road #8M, Wells, ME, 04090
Why Invest in Wells, Maine?
Wells, ME offers strong potential for condo investors seeking stable returns in a coastal market. With average home values around $540k and 4.4% annual appreciation, condos provide accessible entry into this appreciating area[1]. Rental yields average 5-6% amid rising demand from tourists and remote workers. Cap rates hover at 6%, supported by low vacancy and steady cash flow from seasonal rentals. Maine's market remains stable with modest growth projected through 2026[2].
7.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$18500/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
4.4%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% and appreciation matching 4.4% home value growth. Seasonal tourism drives demand. Stable Maine market supports long-term holds.
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