Waterville, ME 04901
New Listing
$559,900
Property Type:
Multi-Family
Baths:
2
Square Footage:
3,396
Lot Size (sq. ft.):
1,307
Status:
Active
Current Price:
$559,900
List Date:
3/23/2026
Last Modified:
3/23/2026
Description
Major renovations completed in 2020 make this a turnkey investment with no significant deferred maintenance concerns for years to come. The first floor offers a retail space on Main Street with excellent visibility, while the fully furnished second and third floor apartments have been successfully operated as short term rentals with strong demand, a proven track record, and future bookings already extending into 2027. Considered a guest favorite on Airbnb with seventeen 5 star reviews. Located across from the Opera House and just minutes from Colby College and Thomas College, this ideally situated property appeals to visitors, college parents, and downtown guests alike. Set in the heart of Waterville's expanding downtown, this is a strong mixed use investment opportunity with multiple income streams.
Supplements: ********
More Information MLS# 1655154
Location Information
County: Kennebec
Town: Waterville
State/Province: ME
Zip Code: 04901
Leased Land: No
Book: 15147
Page: 157
Map: 44
Lot: 167
Zoning: CA
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 3675
Tax Year: 2025
Tree Growth Y/N: No
Contract Information
Status: Active
Original List Price: 559900
List Price: $559,900
Current Price: $559,900
Property Information
Surveyed: Unknown
Seasonal: No
Number of Units: 2
Total Baths: 2
Total Full Baths: 2
Year Built: 1900
SqFt Finished Above Grade: 3396
SqFt Finished Total: 3396
Garage: No
Lot Size Acres +/-: 0.03
Source of Acreage: Public Records
Water Info
Water Frontage: No
Water View: No
Units
# of 2 BD Units: 2
Unit 1
Lease: No
Level: Second
Security Deposit: No
Monthly Rent: 2000
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2
Lease: No
Level: Third
Security Deposit: No
Monthly Rent: 2000
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: Yes
Property Features
Site: Level; Sidewalks
Location: Intown; Near Shopping; Near Turnpike/Interstate; Retail Strip
Roads: Public
Style: High Rise
Construction: Masonry
Basement: Full; Unfinished
Basement Entry: Interior
Exterior: Brick
Roof: Membrane; Rolled/Hot Mop
Heat System: Baseboard; Heat Pump; Hot Water
Heat Fuel: Oil
Water Heater: Electric
Cooling: Heat Pump
Floors: Carpet; Hardwood; Laminate
Driveway: No Driveway
Parking: On Street
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Documents
Listing Office: New England Realty Group LLC
Last Updated: March - 23 - 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.
