40 Winter Street, Waterville, ME 04901
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
40 Winter Street,Waterville, ME 04901
$224,900
- - Beds
- 2 Baths
- 2,628 sq. ft.
- Multi-family
- Pending
Listed by:nicholas corrow
Office:your home sold guaranteed realty
MLS#:1636975
Source:ME_MREIS
Price summary
- Price:$224,900
- Price per sq. ft.:$85.58
About this home
PRICE REDUCTION!!!
VIRTUAL 360 ONLINE TOUR AVAILABLE.
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!
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Home facts
- Year built:1900
- Listing ID #:1636975
- Updated:October 16, 2025 at 06:49 PM
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:$224,900
- Price per sq. ft.:$85.58
- Tax amount:$3,488 (2024)
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