40 Winter Street, Waterville, ME 04901

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
40 Winter Street,Waterville, ME 04901
$224,900
  • - Beds
  • 2 Baths
  • 2,628 sq. ft.
  • Multi-family
  • Active
Listed by:nicholas corrow
Office:your home sold guaranteed realty
MLS#:1636975
Source:ME_MREIS

Price summary

  • Price:$224,900
  • Price per sq. ft.:$85.58

About this home

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

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Home facts

  • Year built:1900
  • Listing ID #:1636975
  • Updated:November 03, 2025 at 10:53 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,628 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Building area:2,628 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$224,900
  • Price per sq. ft.:$85.58
  • Tax amount:$3,488 (2024)
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