Have you been searching for a larger investment opportunity in Central Maine? Here is your chance to purchase two neighboring multi-family properties offering five total units, over 6,400 square feet of finished living space, and 15 bedrooms, all in one package! 12 & 14 Boothby Street offer a unique combination of a three-unit and two-unit property situated next to each other in one of Waterville's nicer areas. Several of the units feature a rare side-by-side layout with private basements and plenty of additional storage. At 14 Boothby, both three-bedroom units also have their own private attic spaces, offering even more storage and potential for additional finished living space. 12 Boothby offers three large three-bedroom units, including a large, newly updated upstairs apartment that has been redone throughout. This building also features newer natural gas furnaces for added efficiency, with tenants paying their own heat. Together, these properties feature metal roofs, vinyl siding, plenty of paved parking, and generous in-town lot space. Located on a quiet road in a great walking neighborhood, yet just minutes from downtown Waterville, shopping, restaurants, colleges, hospitals, and I-95, this is the type of location and setup that can help attract and retain great tenants. As we get closer to year-end, this could be a great time to add five income-producing units to your portfolio and potentially take advantage of tax benefits before the end of the year. Opportunities to purchase neighboring multi-family properties like this don't come around often! Not looking for all five units? 12 Boothby Street and 14 Boothby Street are also being offered separately.
Have you been searching for a great investment opportunity? Or maybe the chance to live in one unit while your tenant helps cover your mortgage? This unique two-unit property is located in one of Waterville's nicer areas, on a quiet road in a great walking neighborhood! This is a rare, true side-by-side two-unit offering over 2,600 square feet of finished living space, plus even more space in the private basements and attics. Each generously sized unit features three bedrooms and one full bath, giving you six bedrooms and two baths in total. Both units have their own private basement and private attic, providing tons of additional storage. For investors looking to maximize the property, the attic spaces may even offer potential for additional finished living space. The property also features a metal roof, vinyl siding, and nice paved parking. With its quiet setting, great layouts, abundant storage, and convenient location close to downtown Waterville, shopping, restaurants, colleges, hospitals, and I-95, this is the type of property that can help attract and retain great tenants. As we get closer to year-end, it could also be a great time to add an income-producing property to your portfolio and potentially take advantage of tax benefits before the end of the year. Looking for something bigger? The neighboring three-unit at 12 Boothby Street is also available. Bigger investors can also check out the separate listing offering 12 & 14 Boothby Street together as a five-unit investment package!
Have you been searching for a strong investment opportunity in a desirable Waterville neighborhood? Whether you're looking to grow your portfolio or owner-occupy while rental income helps offset your mortgage, 12 Boothby Street has a lot to offer! This unique three-unit property offers over 3,700 square feet of finished living space with nine bedrooms and three full baths in total. Two of the units are side-by-side apartments, each with three bedrooms, one full bath, and its own private basement providing plenty of additional storage. Upstairs, you'll find a large three-bedroom apartment that has been newly updated throughout, offering a fresh, modern space that's ready to enjoy. The property features a metal roof, vinyl siding, paved parking, newer natural gas furnaces for added efficiency, and tenants pay their own heat. Sitting on a large in-town lot, there's also plenty of outdoor space to enjoy. Located on a quiet road in one of Waterville's nicer areas and a great walking neighborhood, it's conveniently close to downtown, shopping, restaurants, colleges, hospitals, and I-95. As we get closer to year-end, this could be a great time to add an income-producing property to your portfolio and potentially take advantage of tax benefits before the end of the year. Looking for a smaller investment? The neighboring two-unit at 14 Boothby Street is also available. Bigger investors can also check out the separate listing offering 12 & 14 Boothby Street together as a five-unit investment package!
Exceptional opportunity with this updated multi-family property offering untapped potential. Bulid instatnt equity in this property by completing the finishing touches on the unfinished unit. This property is currently vacant and easy to show, providing the new owners endless opportunities. The home features two spacious units—one renovated and move-in ready, and the other primed for the next owner's finishing touches. Unit B offers two bedrooms and one full bath, showcasing a complete renovation that includes new drywall, fresh paint, an all-new kitchen with cabinets and sink, a fully updated bathroom, new flooring throughout, and convenient washer/dryer hookups in the utility room. Unit A includes three-four bedrooms and one bath and has been fully primed and prepped for the next owner. This unit features some new upgrades, but is awaiting finishing touches to make it your own. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio with strong rental potential, this property offers flexibility. Set up your showing today!
3-4 bedroom units located in Waterville, close to local amenities. All utilities are included. Whether you're looking to begin your investment journey, add to your portfolio, or owner-occupy, this property offers plenty of potential. Numerous updates have been completed, including a new boiler, new click flooring and updates in one unit, and replacement of nearly all windows. Additional improvements include a newer metal roof, approximately 4 years old, a relined chimney, and a new oven and kitchen cabinets in the upstairs unit. Schedule a showing to take a closer look at this Waterville property!
Discover the potential of this two-family property in a convenient Waterville location. Each unit offers 3 bedrooms and 1 bath. Situated on a 0.08-acre lot, the property offers a view toward the Messalonskee Stream from behind the property. Conveniently located near Waterville's shopping, dining, services, and other amenities, this property presents an opportunity to make it your own and bring your vision and improvements to the space.
Two-Unit Investment Opportunity! 32 King Street is a charming New Englander offering an excellent opportunity for investors or owner-occupants looking to build equity and generate rental income. The property features two separate units, five bedrooms, two baths, and flexible living space with classic character throughout. The main unit offers a spacious eat-in kitchen, comfortable living areas, and access to a lovely three-season porch. The second-floor unit includes its own kitchen, creating a functional setup for separate rental living and added income potential. With its two-unit configuration, generous bedroom count, this property offers versatility for investors, house hackers, or those seeking a multi-generational living arrangement. Whether you're looking to expand your rental portfolio or occupy one unit while renting the other, 32 King Street presents an exciting opportunity in Waterville's residential market.
Two-family property located on Swan Street in Waterville, offering an opportunity to own a multifamily property in an established residential area. The property sits on a 0.09-acre lot and features two separate residential units. The building is being offered in its existing condition and will require repairs and improvements. The rear foundation wall is in need of repair. Convenient Waterville location with potential for those looking to take on a renovation project and improve the property over time.
Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where you can live in one unit while your tenant helps pay the mortgage? This duplex checks all the boxes, and with the upstairs unit now vacant, the opportunity is even better! The property features two massive units with nearly identical layouts, both updated within the last few years. Each unit offers three bedrooms, a kitchen, living room, and full bathroom. The downstairs unit also features a dining room and a bright sunroom, the perfect spot for your morning coffee. The vacant upstairs unit includes a large entry/mudroom that provides additional storage space and is ready for its next tenant or an owner occupant to move right in. Outside, the large in-town lot offers a one-car garage that can be kept for your own convenience or potentially rented to a tenant for additional income. The spacious fenced-in yard gives kids and pets plenty of room to play safely. The location is equally appealing, just minutes from the rejuvenated downtown Waterville area, the hospital, highway access, local colleges, and the airport. Whether you are an investor looking to add a strong income-producing property to your portfolio or an owner occupant looking for a smart way to offset your mortgage with rental income, this is an opportunity you will not want to miss!
Two-unit multifamily property with an opportunity for owner-occupancy or investment. The property includes one 1-2 bedroom, 1-bath unit and one 2-bedroom, 1-bath unit. Conveniently located in Waterville with easy access to shopping, dining, schools, and other local amenities. The property has potential for updates and improvements, making it an opportunity to add value. Whether you're looking to occupy one unit while generating rental income from the other or expand your investment portfolio, this property is worth a look.
3-unit investment opportunity in Waterville with all units vacant and ready for occupancy! A rare chance to set your own rents, choose your own tenants, or owner-occupy while generating rental income. Each apartment occupies its own private floor, offering an attractive layout with a 2-bedroom unit on the first floor and spacious 3-bedroom units on both the second and third floors. Major capital improvements have already been completed, including a new roof (2 years old), new furnace (Less than 2 years old), new oil tank in 2022, updated electrical panels, plumbing improvements, replacement windows, fresh interior paint, updated trim, cabinets, and flooring. Each unit features its own dedicated storage room located just outside the apartment at the end of the hallway. The full walk-in basement provides laundry hookups, ample utility/storage space, and easy access to building equipment for easy servicing. With strong rental potential, ongoing updates, and the flexibility of a completely vacant building, this well-maintained multi-family property is an outstanding opportunity for both seasoned investors and owner-occupants alike. Don't miss your chance to add a quality income-producing property to your portfolio. The seller is finishing up the final cosmetic touches to the building!
Well-cared for multi-unit in convenient Waterville neighborhood, walking distance to downtown! This building is not a drive-by! All apartments are in good shape & updates done throughout. Owner's unit which is attached to the 3-car garage is a 2 level apartment that is a must see! Features a 2nd floor living room open to an office, a modern kitchen, large primary bedroom, 2 baths & even a deck! Gross income on spec sheet does not include this beautiful turn-key unit. Unit 2 has had a newer kitchen installed & an updated bathroom. Building heats with propane, offers paved parking & so much more! Owner said building has been used as a 6 unit for approximately 25 years. Town of Waterville shows it as a 5-unit. Code Enforcement Officer is aware. For operating expenses see APOD. 48 HOUR NOTICE IS PREFERRED.
Turn-key Waterville investment with owner support built in. Three fully renovated, furnished apartments already generating $63,000+ in gross annual income as an established short-term rental business, with the current owners ready to hand you the playbook. New to STR? They'll walk you through the operation, booking systems, guest communication, pricing strategy, and pass along their trusted cleaner and existing operational resources, so you're not starting from zero. Experienced investor? Step into cash flow on day one. Prefer long-term tenants or owner-occupancy? The flexibility is built in. Recent updates include new kitchens, bathrooms, flooring, and in-building laundry, and each unit is self-check-in ready with smart locks and furnishings already in place. Strong guest reviews and repeat bookings reflect steady demand from nearby colleges, a hospital, and business travelers. Five-minute walk to Main Street, five to Colby College. Rarely does a proven income property come with this much built-in support.
$50k+ under appraised value! Great investment opportunity! Live in 1 unit while the other helps pay your mortgage! Or, receive rent on both units! This is a solid well maintained property! The current owner has painted the entire interior of the home, added a brick facade on the exterior, painted the exterior of the garage, added brand new appliances, and has regularly kept up with maintenance. The property is close to all amenities and in a quiet neighborhood. Come take a look!
2 unit conveniently located close to local amenities, shopping, restaurants, and schools, this property has flexibility for multi-generational living, rental income potential, or additional guest space. The separate living area provides added privacy and versatility, making it ideal for homeowners or investors alike. Whether you're looking for extra space for family or exploring income-producing possibilities, this property has endless potential in a desirable location.
Are you searching for a high-visibility location for your business or a rock solid investment in one of Waterville's busiest corridors? This property on College Avenue delivers both. With plenty of parking and a right of way onto Walnut Street, it offers unbeatable flexibility. The building has already been home to several successful businesses and is ready to be transformed into its next thriving venture. Upstairs you'll find a two bedroom apartment that's currently rented, adding steady income. Whether you want to live above your business, use the entire space for your operation, or simply secure a prime investment, this property checks the boxes. Surrounded by thriving businesses and just minutes from downtown, Colby College, Thomas College, MaineGeneral, and I-95, the location couldn't be better. The possibilities are endless whether you're an entrepreneur launching your vision, an established owner looking to expand, or an investor seeking high demand commercial real estate. Opportunities like this rarely come along. Claim your spot in one of Central Maine's most sought after locations today.
Investor? Homeowner? You could be one - or both! In a market where everyone is worried about interest rates, this home offers the perfect financial advantage: it has the proven ability to pay for itself. This charming and well maintained, in-town, two-unit will provide you the opportunity to be a homeowner, and to start your investment portfolio, if you choose to. Or make a worthy addition to your current one. This home has two separate, 2-bedroom, 1-bath units. The first-floor unit has been renovated, providing a spacious and updated bathroom, a modern kitchen with new stainless-steel appliances and heat pumps for efficient cooling and heating. The second unit can also be used as an executive home office, an in-law suite, or let your tenant build your equity for you. The home has a new roof, and a full basement with both interior and walk-out access. Use this area as your personal workshop, storage space, or creative studio. Fittingly, you will have plenty of paved, off-street parking available for you and your tenants. Conveniently located with easy access to I-95, this corner lot is just a short walk to and from downtown Waterville's shops, bars, and restaurants. Going in the other direction... enjoy a walk through a quiet, friendly neighborhood. This is your chance to own an asset; and for the savvy buyer, think bigger. After two years, your documented rental income from this property can be used to help you secure your next investment. Don't just buy a house-invest in a smarter future. Schedule your private showing today and see what it feels like to own the house that pays you back. Investors: Fully rented and ready to start generating income from day one. Homeowners: Live in the spacious downstairs unit, let your tenant build your equity for you.
Great Investment opportunity! 2 properties for one price! One, 2 unit apartment building and a single family home next door. Both buildings share the same lot. Apartment building has one 3 bedroom unit and one 2 bedroom unit. 15 Pine is a single family home with 3 bedrooms. Parking on site. Laundry hookups! Full occupancy. Close to town.
Beautiful 3-Unit Multi-Family in a Desirable Neighborhood Discover a fantastic investment opportunity with this well-maintained three-unit offers newer roof shingles and a boiler, its located in a highly sought-after, quiet neighborhood. Two of the units are spacious 2-bedroom apartments, each offering generous living areas, abundant natural light, and comfortable layouts perfect for families or long-term tenants. The third unit is a bright and efficient 1-bedroom, ideal for singles, couples, or those seeking a low-maintenance living space. Situated within easy walking distance to the local elementary school and other town amenities this property appeals to renters looking for convenience and a family-friendly setting. The area is known for its well-kept homes, pleasant streets, and strong sense of community, an ideal location for reliable rental demand. Whether you're an investor seeking strong income potential or an owner-occupant looking to live in one unit while renting the others, this property offers flexibility, value, and lasting appeal. Seller is willing to owner finance.


Waterville is located in Maine. Waterville, Maine has a population of 15,872. Waterville is less family-centric than the surrounding county with 20.18% of the households containing married families with children. The county average for households married with children is 24.69%.
The median household income in Waterville, Maine is $41,245. The median household income for the surrounding county is $58,097 compared to the national median of $69,021. The median age of people living in Waterville is 35.7 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 8.1 degrees. The average rainfall is approximately 44.8 inches per year, with 71.2 inches of snow per year.