10 Gray St Waterville, ME 04901
Estimated payment $1,601/month
Highlights
- New Englander Architecture
- Baseboard Heating
- Level Lot
- No HOA
- 1 Car Garage
- Vinyl Flooring
About This Home
Investors take notice -- this 4-unit property offers strong potential for both new and seasoned investors alike. Conveniently located just minutes from downtown Waterville, tenants will enjoy quick access to shopping, restaurants, and everyday essentials. The property offers the opportunity to generate consistent rental income while building long-term equity in one of Central Maine's growing rental markets. Whether you're looking to expand your portfolio, owner-occupy while collecting rental income, or secure your first multifamily investment, this property checks all the boxes. With its desirable location, income-producing potential, and proximity to local amenities, this is an opportunity you won't want to miss.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,002
Year Built
- Built in 1900
Lot Details
- 5,663 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
Home Design
- New Englander Architecture
- Brick Foundation
- Poured Concrete
- Wood Frame Construction
- Shingle Roof
- Asphalt
Interior Spaces
- 4 Full Bathrooms
- 2,250 Sq Ft Home
- Vinyl Flooring
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 240
Community Details
Overview
- No Home Owners Association
- 4 Units
- 15-Story Property
Pet Policy
- No Dogs Allowed
Building Details
- Operating Expense $29,640
- Gross Income $46,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,002 | $176,600 | $9,900 | $166,700 |
| 2024 | $2,522 | $126,100 | $7,600 | $118,500 |
| 2023 | $2,509 | $126,100 | $7,600 | $118,500 |
| 2022 | $1,701 | $65,800 | $5,700 | $60,100 |
| 2021 | $1,678 | $65,800 | $5,700 | $60,100 |
| 2020 | $1,695 | $65,800 | $5,700 | $60,100 |
| 2019 | $1,695 | $65,800 | $5,700 | $60,100 |
| 2018 | $1,663 | $65,800 | $5,700 | $60,100 |
| 2017 | $1,535 | $65,800 | $5,700 | $60,100 |
| 2016 | $1,500 | $65,800 | $5,700 | $60,100 |
| 2015 | $1,596 | $57,400 | $6,600 | $50,800 |
| 2014 | $1,573 | $57,400 | $6,600 | $50,800 |
| 2013 | $1,573 | $57,400 | $6,600 | $50,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | Pending | -- | -- | -- | |
| 05/27/2026 05/27/26 | For Sale | $250,000 | +66.7% | $111 / Sq Ft | |
| 02/28/2023 02/28/23 | Sold | $150,000 | -21.1% | $67 / Sq Ft | View Prior Sale |
| 06/10/2022 06/10/22 | For Sale | $190,000 | -- | $84 / Sq Ft |
Source: Maine Listings
MLS Number: 1664011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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