$309,000
$31K PRICE DROP

Estimated payment $1,928/month

Total Views 777
-- Bed
3 Baths
2,800 Sq Ft
$110 Price per Sq Ft

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!

Listing Agent

Ryley Austin

Hearth & Key Realty Brokerage Phone: 2077133144 Listed on: 07/16/2026

Hearth & Key Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,759

Year Built

Built in 1935

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 2800.00
  • Architectural Style: New Englander
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1935
  • Attribution Contact: 2077133144
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Entry, Interior Entry, Walk-Out Access, Full, Brick/Mortar
  • Full Bathrooms: 3
  • Flooring: Carpet, Laminate, Vinyl, Hardwood

Exterior Features

  • Lot Features: Intown, Rolling Slope, Sidewalks
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, 5 - 10 Spaces, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.60
  • Zoning: RC

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 6000.00

Tax Info

  • Tax Annual Amount: 2759.00
  • Tax Lot: 267
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Maine Listings

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
Source: Public Records

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: Public Records

Source: Maine Listings

MLS Number: 1672190

Maine Listings

APN: WAVL-000044-000000-000267

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