4 Wilson Street

Topsham, ME 04086
Baths
7
Square Ft.
5,900
$925,000
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.
Market LogoCourtesy of RE/MAX Shoreline 207-553-7500
Listing Snapshot
Days Online
43
Last Updated
Full Baths
6
Partial Baths
1
Square Ft.
5,900
Lot Size
1.48 Acres
Year Built
1880
MLS Number
1634341
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Walk-Out Access", "Daylight", "Finished", "Full", "Partial", "Sump Pump", "Unfinished"
Building
Architectural Style: "Colonial", "Farmhouse", "New Englander", Building Area Total: 5,900, Construction Materials: "Wood Siding", "Clapboard", "Other", "Wood Frame", Number Of Units Total: 4, Year Built: 1880, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $33,052
Exterior Features
Other Equipment: "Internet Access Available", Patio And Porch Features: "Deck", "Porch", "Screened", Patio And Porch Features: "Deck", "Porch", "Screened"
Fireplaces
Building includes fireplace, 2 total fireplaces
Floors
Flooring: "Wood", "Vinyl", "Tile", "Carpet"
Foundation
Foundation Details: "Stone", "Brick/Mortar"
Garage
Attached Garage, Garage Included, 2 garage spaces
Heating
Heating: "Zoned", "Wood Stove", "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $115,200
Interior Features
Features: "1st Floor Bedroom"
Laundry
Features: "Laundry - 1st Floor", "Main Level", "Washer Hookup"
Lot
Features: "Well Landscaped", "Rolling/Sloping", "Pasture/Field", "Level", "Wooded", "Intown", "Neighborhood", 1.48 acres, Area: 1.48, 64,469 square feet
Parking
Features: "5 - 10 Spaces", "Gravel", "Paved", "Off Street"
Pets Policy
Pets Allowed: "No Restrictions"
Property
Parcel Number: TOPM-000003-000000-000005U, View: "Scenic", Zoning: R1
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $9,939, Tax Lot: 5
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04086
$400k
-20%
(avg) sold price
8
+14%
homes sold
31
+55%
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.