$ 249,900
-
$249,900
Price -
0
Bed -
2
Bath -
2,628
SqFt
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About the Listing 2775 - 019949
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!
Listing Highlights for 40 Winter St
Status
Active
Days on Site
12
Property Type
Multi-Family
MLS ®
1636975
Year Built
1900
Total Square Footage
2,628
Lot/Acreage
0.21
County
Kennebec
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 2628
- Below Ground Sq Ft: 0
- Basement: Interior,Walk-Out Access,Full,Unfinished
- Other: 1st Floor Bedroom,Attic,Bathtub,Shower,Storage
- Water: Public
Exterior Details
- Lot Description: Open,Level,Neighborhood
- Garage Capacity: N/A
- Zoning: RB
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 1 - 4 Spaces,Paved,On Site,Off Street
Financial Details
- Tax Amount: $3,488
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
40 Winter St Waterville, ME 04901
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