40 Winter Street
Waterville, ME 04901
Baths
2
Square Ft.
2,628
$149,900
VIRTUAL 360 ONLINE TOUR AVAILABLE. *** Offer deadline December 29th - Will review within 24 hours *** Inspection reports available! Investment Opportunity in the Heart of Waterville! Nestled in a desirable neighborhood close to local schools and Waterville's vibrant downtown, this true 2-unit property offers both size and… Read More potential. With approximately 2,638± sq. ft. of living space, this larger multi-family provides tenants with spacious accommodations rarely found in comparable rentals. Each unit features 2 bedrooms and 1 full bath, along with access to basement storage. Investors will appreciate the separate utilities: two independent heat sources and separate electrical meters for heat, hot water, and electricity—keeping tenant expenses independent and landlord overhead low. This property also presents a unique opportunity for forced appreciation. Current rents have been held below market levels, and with some thoughtful renovations and updates, you could increase rental income and build equity in one of Waterville's most sought-after locations. Whether you're expanding your portfolio or entering the rental market for the first time, this property combines strong fundamentals with room to grow—an excellent opportunity for both cash flow and long-term value. Schedule your showing today! Read Less
Courtesy of Your Home Sold Guaranteed Realty 207-629-9211, .
Listing Snapshot
Days Online
111
Last Updated
Full Baths
2
Square Ft.
2,628
Lot Size
0.21 Acres
Year Built
1900
MLS Number
1636975
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Walk-Out Access", "Full", "Unfinished"
Building
Architectural Style: "Farmhouse", "New Englander", Building Area Total: 2,628, Construction Materials: "Other Exterior", "Wood Frame", Number Of Units Total: 2, Year Built: 1900, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $5,601
Exterior Features
Other Equipment: "Internet Access Available", Patio And Porch Features: "Glass Enclosed", Patio And Porch Features: "Glass Enclosed"
Floors
Flooring: "Wood", "Vinyl", "Laminate", "Carpet"
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Forced Air", Heating Included
Income
Gross Income: $19,800
Interior Features
Features: "1st Floor Bedroom", "Attic", "Bathtub", "Shower", "Storage"
Laundry
Features: "Laundry - 1st Floor", "Upper Level", "Main Level", "Washer Hookup"
Lot
Features: "Open", "Level", "Neighborhood", 0.21 acres, Area: 0.21, 9,148 square feet
Parking
Features: "1 - 4 Spaces", "Paved", "On Site", "Off Street"
Pets Policy
Pets Allowed: "No Restrictions"
Property
Parcel Number: WAVL-000048-000000-000063, Zoning: RB
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $3,488, Tax Lot: 63
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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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.
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