40 Winter Street, Waterville, ME 04901 (MLS # 1636975)

VIRTUAL 360 ONLINE TOUR AVAILABLE. ***CALLING FOR BACKUP OFFERS*** Inspection reports 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!

Last Updated	1/2/2026	Year Built	1900
County	Kennebec

Additional Details

AIR	None
BASEMENT	Full, Unfinished, Walk-Out Access, Yes
HEAT	Forced Air
INTERIOR	Storage
LOT	9148 sq ft
LOT DESCRIPTION	Level
LOT DIMENSIONS	0.21
MLS STATUS	Active Under Contract
PARKING	Paved, On Site, Off Street
SEWER	Public Sewer
STORIES	3
STYLE	Farmhouse, New Englander
TAXES	3488
WATER	Public

Location

 

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