40 Winter Street, Waterville, ME 04901
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
40 Winter Street,Waterville, ME 04901
$249,900
- - Beds
- 2 Baths
- 2,628 sq. ft.
- Multi-family
- Active
Listed by:nicholas corrow
Office:your home sold guaranteed realty
MLS#:1636975
Source:ME_MREIS
Price summary
- Price:$249,900
- Price per sq. ft.:$95.09
About this home
VIRTUAL 360 ONLINE TOUR AVAILABLE.
OFFER DEADLINE 9/18 @5PM, SELLER TO RESPOND WITHIN 24 HOURS.
Investment Opportunity in the Heart of Waterville! Nestled in a desirable neighborhood close to local schools and Waterville's vibrant downtown, this true 2-unit property offers both size and potential. With approximately 2,638± sq. ft. of living space, this larger multi-family provides tenants with spacious accommodations rarely found in comparable rentals. Each unit features 2 bedrooms and 1 full bath, along with access to basement storage. Investors will appreciate the separate utilities: two independent heat sources and separate electrical meters for heat, hot water, and electricity—keeping tenant expenses independent and landlord overhead low. This property also presents a unique opportunity for forced appreciation. Current rents have been held below market levels, and with some thoughtful renovations and updates, you could increase rental income and build equity in one of Waterville's most sought-after locations. Whether you're expanding your portfolio or entering the rental market for the first time, this property combines strong fundamentals with room to grow—an excellent opportunity for both cash flow and long-term value. Schedule your showing today!
Contact an agent
Home facts
- Year built:1900
- Listing ID #:1636975
- Updated:September 11, 2025 at 10:44 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,628 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Building area:2,628 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$249,900
- Price per sq. ft.:$95.09
- Tax amount:$3,488 (2024)
New listings near 40 Winter Street
- New$35,000Active3 beds 2 baths927 sq. ft.
110 Bruins Drive, Waterville, ME 04901
MLS# 1637780Listed by: YOUR HOME SOLD GUARANTEED REALTY - New$360,000Active-- beds 4 baths2,520 sq. ft.
30-32 Green Street, Waterville, ME 04901
MLS# 1637604Listed by: PLOWMAN REALTY GROUP - New$325,000Active-- beds 2 baths2,232 sq. ft.
135 Silver Street, Waterville, ME 04901
MLS# 1637513Listed by: REAL BROKER - New$55,000Active4.74 Acres
Lot 17-002 Norridgewock Road, Fairfield, ME 04937
MLS# 1637485Listed by: COLDWELL BANKER PLOURDE REAL ESTATE - New$375,000Active4 beds 3 baths3,080 sq. ft.
28 First Rangeway, Waterville, ME 04901
MLS# 1637320Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - $50,000Pending0.39 Acres
44 Barnet Avenue, Waterville, ME 04901
MLS# 1637049Listed by: COLDWELL BANKER PLOURDE REAL ESTATE - $199,000Pending4 beds 1 baths1,152 sq. ft.
4 Cedar Street, Waterville, ME 04901
MLS# 1636833Listed by: KELLER WILLIAMS REALTY - $242,500Active3 beds 2 baths1,062 sq. ft.
14 Western Avenue, Waterville, ME 04901
MLS# 1636297Listed by: LISTINGS DIRECT - $174,800Pending3 beds 1 baths1,089 sq. ft.
14 Collins Street, Waterville, ME 04901
MLS# 1636164Listed by: OWN REAL ESTATE