Have you been searching for an amazing investment opportunity? Or maybe the chance to live in one unit while your tenant helps cover your mortgage? This meticulously maintained property could be the perfect fit. It offers two spacious units with identical layouts. Each unit features a large kitchen, roomy living area, separate dining room, bright sunroom, two generous bedrooms, and a full bath. The upstairs unit comes with a huge attic for extra storage, while the downstairs unit enjoys the benefit of a full basement. A two car garage provides each tenant with their own section. The property sits on a desirable lot with plenty of yard space for outdoor activities. Conveniently located just minutes from the highway, hospital, colleges, and downtown Waterville, and less than 25 minutes from Augusta. High-end multi-families like this rarely hit the market. With the 100% bonus depreciation that just passed, the timing could not be better to lock this in and offset your taxes before the end of the year. Whether you're an investor looking for a solid addition to your portfolio or a homeowner wanting income to offset expenses, this is an opportunity you don't want to miss!
Multi-familyProperty Type
1930Year Built
0.27 acresLot Size
$149Est. Price/Sq.Ft.
2 car garageParking
Listed by Corey Lee• Real Broker
Bought with Holly Carey• Coldwell Banker Plourde Real Estate
Lovely 2 Family with numerous updated. This is a jem of a house that could be used a s a single family as 10 Rooms with 2 full baths. Or with Town approval it may have potential as a professional office!! Check with Waterville CEO office. Beautiful hardwood floors , updated kitchens, updated wiring and windows. Deepest basement Ive seen! Must see to appreciate!!
Year
Property tax
Land + Additions
Assessment*
2025
$3,653 (−2.3%)
$25,700 + $189,200
$214,900
2024
$3,738 (+0.5%)
$19,800 + $167,100
$186,900
2023
$3,719 (+47.4%)
$19,800 + $167,100
$186,900
2022
$2,523 (+1.4%)
$14,900 + $82,700
$97,600
2021
$2,489 (+8.1%)
$14,900 + $82,700
$97,600
2020
$2,303
$14,900 + $74,500
$89,400
2019
$2,303 (+1.9%)
$14,900 + $74,500
$89,400
2018
$2,259 (+8.3%)
$14,900 + $74,500
$89,400
2017
$2,086 (+2.4%)
$14,900 + $74,500
$89,400
2016
$2,038 (−9.1%)
$14,900 + $74,500
$89,400
2015
$2,241 (+1.5%)
$17,100 + $63,500
$80,600
2014
$2,208
$17,100 + $63,500
$80,600
Tax history for 135 Silver St
Year
Property tax
Land + Additions
Assessment*
2025
$3,653 (−2.3%)
$25,700 + $189,200
$214,900
2024
$3,738 (+0.5%)
$19,800 + $167,100
$186,900
2023
$3,719 (+47.4%)
$19,800 + $167,100
$186,900
2022
$2,523 (+1.4%)
$14,900 + $82,700
$97,600
2021
$2,489 (+8.1%)
$14,900 + $82,700
$97,600
2020
$2,303
$14,900 + $74,500
$89,400
2019
$2,303 (+1.9%)
$14,900 + $74,500
$89,400
2018
$2,259 (+8.3%)
$14,900 + $74,500
$89,400
2017
$2,086 (+2.4%)
$14,900 + $74,500
$89,400
2016
$2,038 (−9.1%)
$14,900 + $74,500
$89,400
2015
$2,241 (+1.5%)
$17,100 + $63,500
$80,600
2014
$2,208
$17,100 + $63,500
$80,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
—
Sq. Ft.
2,232
Year built
1930
Style
Multi-Family (2-4 Unit)
County
Kennebec County
APN
381448
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 2
Parking Features: 1 - 4 Spaces, Paved, On Site, Detached
Vehicle Storage: 2 Car, Detached
Interior
Bathroom Information
# of Baths (Full): 2
Basement Information
Basement Entry: Interior, Full
Interior Features
Flooring: Wood, Laminate
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 2
Operating Expense: $9,625.48
Gross Income: $31,500
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,300
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,325
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Shingle
Structure Type: Duplex
Total Building Area (Sq. Ft.): 2,232
Property Information
Year Built: 1930
Above-Grade Finished Area (Sq. Ft.): 2,232
Lot Information
Lot Size (Sq. Ft.): $11,761.20
Lot Size (Acres): 0.27
Lot Size Source: Public Records
Lot Features: Open, Level, Sidewalks, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
Road Surface Type: Paved
Zoning: Res
Financial
Tax Information
Annual Tax Amount: $3,738
Tax Year: 2025
Utilities
Utility Information
Has Heating
Heating: Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 135 Silver Street, Waterville, ME 04901
Directions: GPS Compatible. Sign on property
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,232
Stories: 2.0
Lot Size: 0.27 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: —
County: Kennebec County
APN: 381448
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
K - 12
Preschool & daycare
Albert S Hall School
Public 4-5 • Assigned • 0.6mi
5/10
Waterville Junior High School
Public 6-8 • Assigned • 1.3mi
5/10
Waterville Senior High School
Public 9-12 • Assigned • 0.7mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
4/10 Wind Factor
13% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Waterville, ME • 04901
Average low and high temperatures (°F)
27
11
30
10
43
24
53
36
65
46
77
56
81
62
80
56
73
51
61
41
46
31
32
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.7 hours in
June and 3.1 hours in December, placing it below the
U.S. average for solar exposure.
7.7 hrs
3.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$316,000 – $383,000
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