Lot For Sale near Kennebec River

VIRTUAL 360 ONLINE TOUR AVAILABLE. *** Offer deadline December 29th - Will review within 24 hours *** Inspection reports 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 2,638A+- 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 electricityaEUR*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 growaEUR*an excellent opportunity for both cash flow and long-term value. Schedule your showing today!

Property Details

  • Location: Kennebec River
  • Acres: 0.210
  • County: Kennebec County
  • Property Taxes: $3,488
  • MLS #: 1636975

Location

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Contact Information:

Contact Agent
Listing Agent: Nicholas Corrow, Laflin & Wolfington Realty, 207-649-4437, 207-629-9211 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Lot For Sale in Waterville, Maine
Ad Number : 7024645
Viewed: 1 times
Added: Dec 16, 2025
Updated on: Dec 16, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.