4 Sherwin St Waterville, ME 04901
Waterville AreaEstimated payment $1,928/month
Highlights
- Wood Flooring
- No HOA
- Lot Has A Rolling Slope
- New Englander Architecture
- Baseboard Heating
About This Home
3-unit investment opportunity in Waterville with all units vacant and ready for occupancy! A rare chance to set your own rents, choose your own tenants, or owner-occupy while generating rental income. Each apartment occupies its own private floor, offering an attractive layout with a 2-bedroom unit on the first floor and spacious 3-bedroom units on both the second and third floors.
Major capital improvements have already been completed, including a new roof (2 years old), new furnace (Less than 2 years old), new oil tank in 2022, updated electrical panels, plumbing improvements, replacement windows, fresh interior paint, updated trim, cabinets, and flooring. Each unit features its own dedicated storage room located just outside the apartment at the end of the hallway. The full walk-in basement provides laundry hookups, ample utility/storage space, and easy access to building equipment for easy servicing.
With strong rental potential, ongoing updates, and the flexibility of a completely vacant building, this well-maintained multi-family property is an outstanding opportunity for both seasoned investors and owner-occupants alike. Don't miss your chance to add a quality income-producing property to your portfolio.
The seller is finishing up the final cosmetic touches to the building!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,759
Year Built
- Built in 1935
Lot Details
- 4,792 Sq Ft Lot
- Lot Has A Rolling Slope
Home Design
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 2,800 Sq Ft Home
- Multi-Level Property
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Interior and Exterior Basement Entry
Parking
- Gravel Driveway
- Off-Street Parking
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
Listing and Financial Details
- Tax Lot 267
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $6,000
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 | $2,759 | $162,300 | $9,700 | $152,600 |
| 2024 | $1,890 | $94,500 | $7,400 | $87,100 |
| 2023 | $1,881 | $94,500 | $7,400 | $87,100 |
| 2022 | $1,249 | $48,300 | $5,600 | $42,700 |
| 2021 | $1,232 | $48,300 | $5,600 | $42,700 |
| 2020 | $1,244 | $48,300 | $5,600 | $42,700 |
| 2019 | $1,244 | $48,300 | $5,600 | $42,700 |
| 2018 | $1,221 | $48,300 | $5,600 | $42,700 |
| 2017 | $1,127 | $48,300 | $5,600 | $42,700 |
| 2016 | $1,101 | $48,300 | $5,600 | $42,700 |
| 2015 | $1,557 | $56,000 | $6,400 | $49,600 |
| 2014 | $1,534 | $56,000 | $6,400 | $49,600 |
| 2013 | $1,534 | $56,000 | $6,400 | $49,600 |
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 |
|---|---|---|---|---|
| 08/18/2026 08/18/26 | Price Changed | $309,000 | -9.1% | $110 / Sq Ft |
| 07/16/2026 07/16/26 | For Sale | $339,900 | -- | $121 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1672190
APN: WAVL-000044-000000-000267
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Ask me questions while you tour the home.
