$ 1,300,000
-
$1,300,000
Price -
0
Bed -
5
Bath -
9,854
SqFt
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About the Listing 1143 - 010935
Excellent investment opportunity featuring **four residential apartments and two commercial rental spaces** in the heart of downtown Waterville. With six income-producing units under one roof, this well-maintained mixed-use property offers diversified cash flow, long-term appreciation potential, and flexibility for a variety of investment strategies. The residential portion includes **two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street**. The owner's unit can continue to serve as an owner-occupied residence or be converted into an additional income-producing rental, maximizing revenue potential. The street-level commercial spaces are occupied by **Waterville House of Pizza** and **Soul Revival**, two established businesses that benefit from outstanding Main Street exposure and consistent traffic. The combination of residential and commercial tenants provides multiple income streams while helping reduce investment risk. Ideally located near Colby College, downtown shopping, restaurants, healthcare, and major transportation routes, this property is well positioned to benefit from Waterville's continued growth and revitalization. Investors will appreciate the strong location, established tenancy, and opportunity for future rental income growth. Whether you're adding to an investment portfolio, completing a 1031 exchange, or searching for a mixed-use property with proven income potential, this property deserves your attention. **Possible owner financing may be available to qualified buyers**, providing added flexibility for acquisition. Opportunities to purchase a property offering **four residential rental units, two commercial spaces, diversified income, and a prime downtown location** are increasingly rare.
Listing Highlights
Status
Active
Days on Site
219
Property Type
Multi-Family
MLS ®
1646269
Year Built
1870
Total Square Footage
9,854
Lot/Acreage
0.06
County
Kennebec
Interior Details
- Bedrooms: 0
- Bathrooms: 5 Full
- Appliances: Internet Access Available
- Air Cond: Central Air,Heat Pump
- Heating: Electric,Gas Bottled,Forced Air,Heat Pump,Hot Water
- Fireplaces:
- Floor: Concrete
- Above Ground Sq Ft: 9854
- Below Ground Sq Ft: 0
- Basement: Interior Entry,Walk-Out Access,Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Business District,Intown,Near Shopping,Near Turnpike/Interstate,Near Town,Level,Sidewalks,Near Public Transit
- Garage Capacity: N/A
- Zoning: CA
- Roof: Membrane
- Others:
- Sewer: Public Sewer
- Parking Features: No Driveway,1 - 4 Spaces,Other Parking,Paved,On Street
Financial Details
- Tax Amount: $5,994
- Taxes w/Assessments: N/A
- Tax/Property ID: 145147mainstwaterville04910
- Tax Year: 25
Payment Calculator
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Questions About..
145147 145-147 Main St Waterville, ME 04901
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