Waterville, ME 04901
$165,000
Property Type:
Multi-Family
Baths:
4
Square Footage:
4,172
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$165,000
List Date:
3/17/2026
Last Modified:
3/24/2026
Description
Opportunity Zone 4 unit property with strong value add potential in Waterville's growing downtown market. Featuring two 2 bedroom units and two 1 bedroom units, this property offers a great opportunity for investors looking to capitalize on future upside. The building needs significant renovation but has several important improvements already in place. The roof is in good shape, natural gas has been brought to the property, and the electrical service has been recently upgraded with 5 new meters and panels, making utility separation much easier. A strong candidate for redevelopment or repositioning in one of Waterville's most promising areas.
Supplements: ********
More Information MLS# 1654564
Location Information
County: Kennebec
Town: Waterville
State/Province: ME
Zip Code: 04901
Leased Land: No
Book: 15392
Page: 313
Map: 44
Lot: 90
Zoning: RD
Zoning Overlay: No
Association: No
School District: Waterville Public Schools
Full Tax Amount $: 1256
Tax Year: 2025
Tree Growth Y/N: No
Contract Information
Status: Active
Original List Price: 165000
List Price: $165,000
Current Price: $165,000
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
2 Detached Houses on 1 Lot: No
Number of Units: 4
Total Baths: 4
Total Full Baths: 4
Color: white
Year Built: 1914
SqFt Finished Above Grade: 4172
SqFt Finished Total: 4172
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.16
Source of Acreage: Public Records
Road Frontage: Yes
Road Frontage +/-: 180
Source of Road Frontage: Public Records
Water Info
Water Frontage: No
Water View: No
Island: No
Building Info
# Stories: 2
# Heating Units: 1
# Water Heaters: 1
Units
# of 1 BD Units: 2
# of 2 BD Units: 2
Unit 1
Lease: No
Level: First
Security Deposit: No
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 2
Lease: No
Level: First
Security Deposit: No
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 3
Lease: No
Level: Second
Security Deposit: No
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 4
Lease: No
Level: Second
Security Deposit: No
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Water: No
Utilities
Utilities On: No
Property Features
Site: Level; Sidewalks
Location: Intown; Near Shopping
Roads: Paved; Public
Style: Other
Levels: Multi-Level
Construction: Wood Frame
Basement: Full
Basement Entry: Bulkhead; Interior
Foundation Materials: Block; Brick/Mortar; Poured Concrete
Exterior: Composition; Vertical Siding
Roof: Fiberglass; Metal; Pitched
Heat System: No Heat System
Heat Fuel: Gas Natural
Water Heater: None
Cooling: None
Floors: Hardwood; Other; Vinyl; Wood
Window Features: Double Pane Windows
Driveway: Gravel
Parking: 1 - 4 Spaces
Vehicle Storage: No Vehicle Storage
Restrictions: No Restrictions
Electric: Circuit Breakers
Gas: Natural - On Site
Sewer: Public Sewer
Water: Public
Listing Terms: Cash
Listing Office: New England Realty Group LLC
Last Updated: March - 24 - 2026
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
