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40 Winter Street

Waterville

$249,900

beds   ·   2 baths   ·   2,628 sqft   ·   0.21 acres   ·   taxes: $3,488   ·   MLS#: 1636975

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!

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1900
  • Style : Farmhouse, New Englander
  • Flooring : Wood, Vinyl, Laminate, Carpet
  • Roof : Shingle
  • Basement : Interior, Walk-Out Access, Full, Unfinished
  • Heating : Forced Air
  • Cooling : None

Site

  • Water Source : Public
  • Utilities : Utilities On
  • Sewer : Public Sewer
  • Zoning : RB
  • Road Surface Type : Paved
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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy