22 Water Street, Waterville, ME 04901
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
22 Water Street,Waterville, ME 04901
$268,500
- - Beds
- 2 Baths
- 2,250 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Mar 2910:00 am - 01:00 pm
Listed by: aaron spiller
Office: rockstar real estate
MLS#:1655202
Source:ME_MREIS
Price summary
- Price:$268,500
- Price per sq. ft.:$119.33
About this home
Welcome to 22 Water Street in Waterville. Turnkey, income-producing two-unit with strong cash flow. Built in 2015, and perfectly positioned in a convenient in-town location, (you can see Lockwood Hotel from the yard!) This well-maintained two-unit property is fully tenanted, offering immediate, reliable income from day one. Each unit features comfortable layouts with generous living spaces, abundant natural light, and practical floor plans that appeal to long-term renters. The property has been consistently occupied, reflecting its desirability and the strength of the local rental market.
Key highlights include: Strong, consistent rental income with both units currently leased. Separate living spaces that provide privacy and tenant satisfaction. Low-maintenance exterior and manageable lot size and off-street parking. Prime location near downtown Waterville, shopping, dining, and local employers. Situated just minutes from the vibrant downtown, the property benefits from proximity to Colby College, the Kennebec River waterfront, and ongoing revitalization efforts that continue to enhance the area's appeal and property values. This one checks all the boxes....
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Home facts
- Year built:2015
- Listing ID #:1655202
- Updated:March 29, 2026 at 05:55 PM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Tile, Vinyl
- Living area:2,250 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Year built:2015
- Building area:2,250 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Intown, Level, Near Shopping, Near Town, Near Turnpike/Interstate, Open, Retail Strip, Sidewalks
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Deck
- Foundation Description:Concrete Perimeter, Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$268,500
- Price per sq. ft.:$119.33
- Tax amount:$4,867 (2025)
Features and amenities
- Laundry features:Washer Hookup
Parking
- Parking description:1 - 4 Spaces, Gravel, Off street, On Site, Paved
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