About This Home

This 0-bedroom, 4-bathroom single family at 20 Nautical Lane in Wells, ME is listed for $1,199,000 ($624 per sqft). Built in 1985, the home offers 1,920 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1985
  • 0.18 acre lot
  • Waterfront

Property Details

1 story
4 full
1985

Amenities

Waterfront
Listing Description

Strong investment opportunity just steps from sandy Wells Beach. The property features two buildings, each with two units. All four units include two bedrooms, spacious living rooms with vaulted ceilings, open kitchens, full bathrooms, and private decks.

Additional amenities include ample parking, a full basement, laundry facilities, and fully furnished. The Town tax card lists the property as a Residential Family duplex with two buildings, while the Town CEO considers it a 4-unit motel. The property is sold as-is. Buyers should verify all zoning and permitted uses with the Town of Wells. This desirable beach property offers significant investment potential.

Monthly Cost Estimate

$6,413/mo

20% down · 6.5% · 30 years

Principal$867
Interest$5,196
Insurance$350

Estimates only. Actual payments may vary.

Location

20 Nautical Lane

Wells, ME 04090

Property Details

Flooring

Laminate

Construction

Wood Frame Wood Siding

Outdoor Features

Deck

Heating

Electric (Heating)ZonedBaseboard

Questions & Answers

This 0-bedroom, 4-bathroom single family at 20 Nautical Lane is listed at $1,199,000 ($624/sqft). The estimated monthly payment is $6,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 0.18 acre lot, Waterfront.

This property is listed by Anne Erwin Real Estate and can be reached at 2073636640.

AE

Anne Erwin Real Estate

Agent at Anne Erwin Sotheby's International Realty

(207) 363-6640
Agent website

Listed by Anne Erwin Sotheby's International Realty · Broker phone: (207) 363-6640 · View on Broker Site · Broker website

MLS# 1676234· Source: Maine Listings· 47 days on PropertySimple

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20 Nautical Lane, Wells, ME 04090

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