Turnkey waterfront Airbnb compound on 1.9 acres in Vassalboro, Maine! 37 Williams Rd features 4 fully furnished, income-producing short-term rental units with a proven track record of six-figure gross rents. With over $20,000 in current summer reservations already booked, this is a rare opportunity to step into an established hospitality property with immediate cash flow potential. The property includes four distinct guest units with strong appeal for vacationers seeking waterfront charm, peaceful surroundings, and the authentic Maine lake experience. Sale includes furnishings, and the current property manager is willing to continue after closing, offering a seamless transition for the next owner. Ideal for investors, 1031 exchange buyers, or anyone seeking a ready-to-run rental portfolio in central Maine.
Closed
$925,000
37 Williams Road, Vassalboro, ME 04989
8beds
1,120sqft
Multi Family
Built in 1971
-- sqft lot
$924,700 Zestimate®
$826/sqft
$1,414 Estimated rent
Home value
$924,700
$832,000 - $1.03M
$1,414/mo
Zestimate® history
Owner options
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$1,414/mo
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$1,414/mo
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$5,228/mo
Est. payment
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$5,228/mo
Est. payment
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List your homeWhat's special
Four distinct guest unitsWaterfront charmPeaceful surroundings
Zillow last checked:
Listing updated:
Listed by:
Allied Realty
Bought with:
Sprague & Curtis Real Estate
Source: Maine Listings,MLS#: 1654769
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Direct Vent Heater, Heat Pump
Cooling
- Heat Pump, Window Unit(s)
Features
- Flooring: Carpet, Laminate, Tile, Hardwood
Interior area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
- Finished area above ground: 1,120
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Accessibility
- Accessibility features: Level Entry
Features
- Patio & porch: Deck, Screened
- Has view: Yes
- View description: Scenic
- Body of water: Three Mile Pond
- Frontage length: Waterfrontage: 341,Waterfrontage Owned: 341
Lot
- Size: 1.93 Acres
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: VASSM014L042
- Zoning: Shoreland
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Camp,Other,Ranch
- Property subtype: Multi Family
Materials
- Roof: Metal,Shingle
Condition
- Year built: 1971
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
- Utilities for property: Utilities On
Green energy
- Energy efficient items: Ceiling Fans
Community & neighborhood
Location
- Region: Vassalboro
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $532 annually
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $925,000-5.5%$826/sqft |
Source:  Maine Listings #1654769 Report a problem | ||
| 3/25/2026 | Pending sale | $979,000$874/sqft |
Source: Maine Listings #1654769 Report a problem | ||
| 3/17/2026 | Listed for sale | $979,000+54.2%$874/sqft |
Source: Maine Listings #1654552 Report a problem | ||
| 9/30/2021 | Sold | $635,000-2.3%$567/sqft |
Source: Maine Listings #1501707 Report a problem | ||
| 8/10/2021 | Contingent | $649,900$580/sqft |
Source: Maine Listings #1501707 Report a problem | ||
| 7/21/2021 | Listed for sale | $649,900$580/sqft |
Source: Maine Listings #1501707 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,795 +4.8% | $584,800 |
| 2023 | $7,439 +6% | $584,800 +20% |
| 2022 | $7,020 -0.6% | $487,500 |
| 2021 | $7,059 | $487,500 |
| 2020 | $7,059 +2.9% | $487,500 +10.9% |
| 2019 | $6,859 +1.6% | $439,700 +0.6% |
| 2018 | $6,752 +6.2% | $437,000 |
| 2017 | $6,358 +3.6% | $437,000 |
| 2016 | $6,140 +2.6% | $437,000 |
| 2015 | $5,987 +7% | $437,000 |
| 2014 | $5,594 -7.2% | $437,000 -18.8% |
| 2013 | $6,028 +1.8% | $538,200 |
| 2012 | $5,920 +13% | $538,200 +2.7% |
| 2011 | $5,240 | $524,000 |
Find assessor info on the county website
Neighborhood: 04989
Nearby schools
GreatSchools rating
- 4/10Vassalboro Community SchoolGrades: PK-8Distance: 5 mi
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- Maine
- Kennebec County
- Vassalboro
- 04989
- 37 Williams Road
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