145-147 Main Street, Waterville, ME 04901
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
145-147 Main Street,Waterville, ME 04901
$1,300,000
- - Beds
- 5 Baths
- 9,854 sq. ft.
- Multi-family
- Active
Office: berkshire hathaway homeservices northeast real estate
MLS#:1646269
Source:ME_MREIS
Price summary
- Price:$1,300,000
- Price per sq. ft.:$131.93
About this home
Excellent investment opportunity featuring **four residential apartments and two commercial rental spaces** in the heart of downtown Waterville. With six income-producing units under one roof, this well-maintained mixed-use property offers diversified cash flow, long-term appreciation potential, and flexibility for a variety of investment strategies.
The residential portion includes **two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street**. The owner's unit can continue to serve as an owner-occupied residence or be converted into an additional income-producing rental, maximizing revenue potential.
The street-level commercial spaces are occupied by **Waterville House of Pizza** and **Soul Revival**, two established businesses that benefit from outstanding Main Street exposure and consistent traffic. The combination of residential and commercial tenants provides multiple income streams while helping reduce investment risk.
Ideally located near Colby College, downtown shopping, restaurants, healthcare, and major transportation routes, this property is well positioned to benefit from Waterville's continued growth and revitalization. Investors will appreciate the strong location, established tenancy, and opportunity for future rental income growth.
Whether you're adding to an investment portfolio, completing a 1031 exchange, or searching for a mixed-use property with proven income potential, this property deserves your attention. **Possible owner financing may be available to qualified buyers**, providing added flexibility for acquisition.
Opportunities to purchase a property offering **four residential rental units, two commercial spaces, diversified income, and a prime downtown location** are increasingly rare....
Contact an agent
Home facts
- Year built:1870
- Listing ID #:1646269
- Updated:July 20, 2026 at 10:19 AM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Concrete
- Basement Description:Full, Interior Entry, Walk-Out Access
- Living area:9,854 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Forced Air, Gas Bottled, Heat Pump, Heating, Hot Water
- Central air:Yes
Structure and exterior
- Roof:Membrane
- Year built:1870
- Building area:9,854 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Business District, Intown, Level, Near Public Transit, Near Shopping, Near Town, Near Turnpike/Interstate, Sidewalks
- Construction Materials:Brick, Glass, Masonry
- Foundation Description:Poured Concrete
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$131.93
- Tax amount:$5,994 (25)
Features and amenities
- Laundry features:Upper Level, Washer Hookup
Parking
- Parking description:1 - 4 Spaces, No Driveway, On Street, Other Parking, Paved
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