Great investment opportunity. Earn immediate income with this 9 unit apartment complex. All units are in great shape and currently 7 units are occupied. Ample parking for tenants and all buildings are connected. Don't miss the rare chance to own an income property like this. Call today for your private showing. Disclosures updated 6/27/19.
Multi-familyProperty Type
1800Year Built
0.39 acresLot Size
$38Price/Sq.Ft.
5 spacesParking
Listed by Garrett Quinn• Whittemore's Real Estate
Bought with James {Jim} Pepin• Sprague & Curtis Real Estate
Three buildings on one site with interconnected basements. Front building has 5 units, middle building was converted to a single unit but presently needs work, and the back building has 3 units. 5 Unit building in front went through lead abatement process to be come classified as lead safe. A majority of the units have all been rehabbed excepting the middle building which formerly was a two unit building. Potential to purchase for significantly less money if buyer assumes obligations of loan for lead work.
MREIS #1080691
Feb 13, 2013
Listed
$150,000
$24/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Kennebec County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 21, 2025.
Property details
Parking
Parking Information
Parking Features: 5 - 10 Spaces, Paved
Interior
Bathroom Information
# of Baths (Full): 9
Basement Information
Basement Entry: Full, Exterior Only, Unfinished
Interior Features
Flooring: Wood, Vinyl, Tile, Laminate, Carpet
Multi-Unit Information
# of Units Total: 9
# of 1 Bedroom Units: 3
# of 2 Bedroom Units: 4
# of 3 Bedroom Units: 2
Gross Income: $66,035
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $575
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $750
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 3
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 5 Information
# of Bedrooms: 2
Actual Rent: $675
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6 Information
# of Bedrooms: 2
Actual Rent: $650
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7 Information
# of Bedrooms: 1
Actual Rent: $600
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8 Information
# of Bedrooms: 3
Actual Rent: $925
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 9 Information
# of Bedrooms: 2
Actual Rent: $675
Electric: No
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Wood Siding, Composition, Wood Frame
Foundation Details: Concrete Perimeter, Brick/Mortar
Roof: Metal, Shingle
Total Building Area (Sq. Ft.): 6,353
Property Information
Year Built: 1800
Above-Grade Finished Area (Sq. Ft.): 6,353
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $16,988.40
Lot Size (Acres): 0.39
Lot Size Source: Public Records
Lot Features: Open, Level, Sidewalks, Intown
Road Surface Type: Paved
Zoning: Commercial A
Subdivision Information
Subdivision Name: None
Financial
Tax Information
Annual Tax Amount: $4,557
Tax Year: 2018
Utilities
Utility Information
Has Heating
Heating: Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System
Location
Location Information
Unparsed Address: 2-4 Main Place, Waterville, ME 04901
Directions: From Main Street in Waterville, turn onto Main Place. First three houses located on the left.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Kennebec County
APN: —
Home facts updated by county records on May 21, 2025
Around this home
Schools
Albert S Hall School
Public 4-5 • Assigned • 0.5mi
5/10
Waterville Junior High School
Public 6-8 • Assigned • 2.4mi
5/10
Waterville Senior High School
Public 9-12 • Assigned • 0.6mi
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, 16 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.