Amazing investment opportunity! Two 3 bed / 1 bath rental units, with a bonus partially-finished attic space on the third floor. Located on a quiet corner lot close to a public boat launch on the Kennebec River, with both a park and a playground across the street. Only a five minute walk to beautiful, historic downtown Waterville, which is amidst revitalization into a thriving, social, cultural and entertainment destination! Lots of great food, arts, nightlife, and fun! Nearby colleges include Colby, Thomas, and Kennebec Valley Community College. Maine General and Northern Lights hospitals are close by. The price reflects work that needs to be done - siding, flashing and trim work, plus some painting. Come check it out!
Great income opportunity on a corner lot in town! * * Seller installing a brand new wall mount propane boiler (2021) prior to closing * * . Two units, each with 3 bedrooms and their own private porch to enjoy the warmer days. Walking distance to Hannaford and there is a park right across the street as well as a boat launch with public water access to the Kennebec River right down the road.
MREIS #1213037
Sep 1, 2015
Sold
$58,500
$30/sq ft
May 1, 2015
Listed
$58,500
$30/sq ft
Two unit corner lot new updates 2004 including heating system electrical, siding windows, each unit has two bedrooms, kitchen, living room, updated bathrooms, has third floor unfinished unit.
MREIS #1076440
May 7, 2013
Sold
$38,500
$20/sq ft
MREIS #381025
Apr 18, 2000
Listed
$46,900
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,485 (+14.6%)
$13,800 + $132,400
$146,200
2024
$2,168 (+0.5%)
$10,600 + $97,800
$108,400
2023
$2,157 (+51.2%)
$10,600 + $97,800
$108,400
2022
$1,427 (+1.3%)
$8,000 + $47,200
$55,200
2021
$1,408 (−1.0%)
$8,000 + $47,200
$55,200
2020
$1,422
$8,000 + $47,200
$55,200
2019
$1,422 (+1.9%)
$8,000 + $47,200
$55,200
2018
$1,395 (+8.3%)
$8,000 + $47,200
$55,200
2017
$1,288 (+2.3%)
$8,000 + $47,200
$55,200
2016
$1,259 (−21.4%)
$8,000 + $47,200
$55,200
2015
$1,601 (+1.5%)
$9,100 + $48,500
$57,600
2014
$1,578
$9,100 + $48,500
$57,600
Tax history for 6 Grove St
Year
Property tax
Land + Additions
Assessment*
2025
$2,485 (+14.6%)
$13,800 + $132,400
$146,200
2024
$2,168 (+0.5%)
$10,600 + $97,800
$108,400
2023
$2,157 (+51.2%)
$10,600 + $97,800
$108,400
2022
$1,427 (+1.3%)
$8,000 + $47,200
$55,200
2021
$1,408 (−1.0%)
$8,000 + $47,200
$55,200
2020
$1,422
$8,000 + $47,200
$55,200
2019
$1,422 (+1.9%)
$8,000 + $47,200
$55,200
2018
$1,395 (+8.3%)
$8,000 + $47,200
$55,200
2017
$1,288 (+2.3%)
$8,000 + $47,200
$55,200
2016
$1,259 (−21.4%)
$8,000 + $47,200
$55,200
2015
$1,601 (+1.5%)
$9,100 + $48,500
$57,600
2014
$1,578
$9,100 + $48,500
$57,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Construction Materials: Vinyl Siding, Metal Clad, Wood Frame
Foundation Details: Stone, Brick/Mortar
Roof: Metal
Structure Type: Duplex
Total Stories: 2
Total Building Area (Sq. Ft.): 1,960
Exterior Features
Patio & Porch Features: Porch
Property Information
Year Built: 1910
Above-Grade Finished Area (Sq. Ft.): 1,960
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $6,098.40
Lot Size (Acres): 0.14
Lot Size Source: Survey
Lot Features: Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
Road Surface Type: Paved
Zoning: RC
Financial
Tax Information
Annual Tax Amount: $1,427
Tax Year: 2022
Utilities
Utility Information
Has Heating
Heating: Zoned, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Private Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas, Off Heating System, Tankless
Location
Location Information
Unparsed Address: 6 Grove Street, Waterville, ME 04901
Directions: From Augusta, North on the I-95N towards Waterville, exit 127 toward Waterville/Oakland. Turn right on to ME-11 N/ME-137 E/Kenndey Memorial Dr for 1.6 mi. Turn right onto Carter Memorial Dr and then left onto Grove St. Destination is 0.5 mi on right.
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,960
Stories: 3.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: —
County: Kennebec County
APN: 380927
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Albert S Hall School
Public 4-5 • Assigned • 0.9mi
5/10
Waterville Junior High School
Public 6-8 • Assigned • 1.2mi
5/10
Waterville Senior High School
Public 9-12 • Assigned • 1.0mi
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
$207,000 – $250,000
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