22 Water St

Waterville, ME 04901
  • $268,500

    Price
  • 0

    Bed
  • 2

    Bath
  • 2,250

    SqFt

About the Listing 3193 - 018880

Welcome to 22 Water Street in Waterville. Turnkey, income-producing two-unit with strong cash flow. Built in 2015, and perfectly positioned in a convenient in-town location, (you can see Lockwood Hotel from the yard!) This well-maintained two-unit property is fully tenanted, offering immediate, reliable income from day one. Each unit features comfortable layouts with generous living spaces, abundant natural light, and practical floor plans that appeal to long-term renters. The property has been consistently occupied, reflecting its desirability and the strength of the local rental market. Key highlights include: Strong, consistent rental income with both units currently leased. Separate living spaces that provide privacy and tenant satisfaction. Low-maintenance exterior and manageable lot size and off-street parking. Prime location near downtown Waterville, shopping, dining, and local employers. Situated just minutes from the vibrant downtown, the property benefits from proximity to Colby College, the Kennebec River waterfront, and ongoing revitalization efforts that continue to enhance the area's appeal and property values. This one checks all the boxes.

Listing Highlights

Status Active With Contingency
Days on Site 10
Property Type Multi-Family
MLS ® 1655202
Year Built 2015
Total Square Footage 2,250
Lot/Acreage 0.08
County Kennebec

Interior Details

  • Bedrooms: 0
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Zoned,Hot Water,Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2250
  • Below Ground Sq Ft: 0
  • Basement: Not Applicable
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Open,Level,Sidewalks,Intown,Near Shopping,Near Turnpike/Interstate,Near Town,Retail Strip
  • Garage Capacity: N/A
  • Zoning: IND
  • Roof: Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: 1 - 4 Spaces,Gravel,Paved,On Site,Off Street

Financial Details

  • Tax Amount: $4,867
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

22 Water St Waterville, ME 04901

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Maine Listings

Market Insight Calculations, School and Neighborhood Information provided by Blueroof 360
home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way