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Investor? Homeowner? You could be one - or both! In a market where everyone is worried about interest rates, this home offers the perfect financial advantage: it has the proven ability to pay for itself. This charming and well maintained, in-town, two-unit will provide you the opportunity to be a homeowner, and to start your investment portfolio, if you choose to. Or make a worthy addition to your current one. This home has two separate, 2-bedroom, 1-bath units. The first-floor unit has been renovated, providing a spacious and updated bathroom, a modern kitchen with new stainless-steel appliances and heat pumps for efficient cooling and heating. The second unit can also be used as an executive home office, an in-law suite, or let your tenant build your equity for you. The home has a new roof, and a full basement with both interior and walk-out access. Use this area as your personal workshop, storage space, or creative studio. Fittingly, you will have plenty of paved, off-street parking available for you and your tenants. Conveniently located with easy access to I-95, this corner lot is just a short walk to and from downtown Waterville's shops, bars, and restaurants. Going in the other direction... enjoy a walk through a quiet, friendly neighborhood. This is your chance to own an asset; and for the savvy buyer, think bigger. After two years, your documented rental income from this property can be used to help you secure your next investment. Don't just buy a house-invest in a smarter future. Schedule your private showing today and see what it feels like to own the house that pays you back. Investors: Fully rented and ready to start generating income from day one. Homeowners: Live in the spacious downstairs unit, let your tenant build your equity for you.
Property Type(s):
Multi Family
| Last Updated | 6/22/2026 | Year Built | 1910 |
|---|---|---|---|
| County | Kennebec |
Additional Details
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Interior Entry, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Baseboard, Electric, Heat Pump, Hot Water, Oil |
| LOT | 7841 sq ft |
| LOT DESCRIPTION | Corner Lot, Level, Near Golf Course |
| LOT DIMENSIONS | 0.18 |
| MLS STATUS | Active |
| PARKING | Paved |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | New Englander |
| TAXES | 3048 |
| UTILITIES | Natural Gas Not Available |
| WATER | Public |
Listing provided by Coldwell Banker Plourde Real Estate
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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