1145 Waterville Road, Skowhegan, ME 04976
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
1145 Waterville Road,Skowhegan, ME 04976
$550,000
- - Beds
- 4 Baths
- 3,400 sq. ft.
- Multi-family
- Active
Listed by: joshua laverdierejlaverdiere@gmail.com
Office: keller williams realty
MLS#:1654902
Source:ME_MREIS
Price summary
- Price:$550,000
- Price per sq. ft.:$161.76
About this home
Looking for a turnkey investment with strong cash flow and future upside? Welcome to 1145 Waterville Road in Skowhegan--a unique opportunity featuring one single-family home and three single-wide mobile homes all situated on a 2.5-acre lot. This property is already producing over $43,000 annually in net income, making it an excellent option for both seasoned investors and those looking to get started in real estate investing. All four units have been well maintained and thoughtfully updated over time. The current owners have taken pride in the property, completing renovations and improvements that allow the next owner to step in without the need for major work. Beyond the existing income, the property offers additional development potential with space available to add up to two more mobile homes, creating a clear path to increase cash flow and overall return. The setting provides a nice balance of privacy and accessibility, with easy access to town amenities while still offering a spacious, rural feel. Whether you're looking to expand your portfolio, live in one unit while collecting rent, or maximize future development potential, this property checks all the boxes. Opportunities like this--multiple units, solid condition, and built-in upside--don't come along often....
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Home facts
- Year built:1932
- Listing ID #:1654902
- Updated:March 28, 2026 at 02:56 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Laminate
- Bathrooms Description:Bathtub, Shower
- Bedroom Description:1st Floor Bedroom
- Basement Description:Full
- Living area:3,400 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1932
- Building area:3,400 sq. ft.
- Lot area:2.5 Acres
- Lot Features:Near Shopping, Rural
- Architectural Style:Ranch
- Construction Materials:Metal Clad, Vinyl Siding, Wood Frame
- Exterior Features:Deck, Porch
- Foundation Description:Concrete Perimeter, Gravel/Pad
Utilities
- Water:Private, Well
- Sewer:Private Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$161.76
- Tax amount:$3,408 (2026)
Features and amenities
- Laundry features:Laundry - 1st Floor, Main Level
- Amenities:One-Floor Living, Storage
Parking
- Parking description:11 - 20 Spaces, Gravel, Inside Entrance
- Garage:Yes
- Garage spaces:2
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