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Multi-FamilyMEWaterville0490122 Water Street, Waterville, ME, 04901

22 Water Street, Waterville, ME, 04901

22 Water Street, Waterville, ME, 04901
2 baths
$268,500
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Basics

  • Date added: Added 2 days ago
  • Category:
  • Status:
  • Bathrooms: 2
  • Lot size: 0.08 sq ft
  • Year built: 2015
  • Bathrooms Full: 2
  • Lot Size Acres: 0.08 acres
  • Zoning: IND
  • County: Kennebec
  • MLS ID: 1655202

Description

  • Description:

    Welcome to 22 Water Street in Waterville. NO SHOWINGS UNTIL OPEN HOUSE 3/29 10:00am-1:00pm. 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.

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Location

Building Details

  • Building Area Total: 2250 sq ft
  • Number Of Units Total: 2
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Other
  • Sewer: Public Sewer
  • Heating: Zoned, Hot Water, Baseboard
  • Roof: Shingle
  • Foundation Details: Concrete Perimeter, Slab
  • Basement:

Amenities & Features

  • Laundry Features: Washer Hookup
  • Electric: Circuit Breakers
  • Flooring: Vinyl, Tile, Laminate
  • Utilities: Utilities On
  • Fencing: Fenced
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, On Site, Off Street
  • Garage Spaces: 0
  • WaterSource: Public
  • Lot Features: Open, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Retail Strip
  • Patio And Porch Features: Deck
  • Cooling: None

Fees & Taxes

  • Gross Income: $36,000

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: Rockstar Real Estate

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