Courtesy: Portside Real Estate Group
207-607-5965
Discover a classic Waterville multi-family home offering investment potential and convenient in-town living. Built in 1940, this two-unit property features separate electric for each unit, providing flexibility for owner occupancy, rental income, or multigenerational living. The first-floor unit offers a traditional layout with a spacious kitchen, comfortable living area, and easy access to the yard. The second-floor unit provides its own private entry and functional floor plan, perfect for long-term tenants or short-term rental opportunities. Outside, enjoy a manageable lot with space for parking and simple outdoor living. Located close to downtown amenities, shopping, dining, and I-95 access, this property delivers both character and convenience. Whether you're expanding your portfolio or looking for a home with income potential, 36 Edgemont Avenue is a smart opportunity in a central location.
Courtesy: Berkshire Hathaway HomeServices Northeast Real Estate
207-942-8261
Step into a rare investment opportunity in the heart of Waterville—an established commercial building offering high visibility, strong traffic counts, and multiple income streams. This well-maintained property is currently home to **Waterville House of Pizza** (*business also available for sale—see MLS #1639546*) and **Soul Revival**, two long-standing tenants that benefit from excellent exposure along Main Street. The second floor features **four residential units**, providing steady rental income and versatile living options. The layout includes **two 1-bedroom apartments**, **one 3-bedroom unit**, and a **spacious 2-bedroom owner's unit overlooking Main Street**—ideal for an owner-occupant or continued use as an income-producing rental. With a prime in-town location close to Colby College, downtown revitalization, shopping, and major travel routes, this property is perfectly positioned for investors seeking both stability and growth. Whether you expand its current uses or continue operating as a mixed-use commercial hub, the possibilities here are wide open. A standout chance to own a cornerstone Waterville property with strong tenant history and exceptional potential. Opportunities like this don't come along often.
Courtesy: Coldwell Banker Plourde Real Estate
207-872-7650
Great investment opportunity! 15 units, steps from downtown Waterville. Property has 3 separate buildings (10 Units - Elm Street, 2 Units - Pico Terrace, 3 Units - Pico Terrace). Strong rental history!
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-782-8311
Beautiful 3-Unit Multi-Family in a Desirable Neighborhood Discover a fantastic investment opportunity with this well-maintained three-unit property 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 communityâ€'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. The building offers new roof shingles and a newer heating system.
Courtesy: Coldwell Banker Plourde Real Estate
207-872-7650
Charming In-Town Home with Endless Possibilities! Discover this inviting 2-family home conveniently located right in town-close to schools, shopping, restaurants, and everyday amenities. Whether you're looking for an owner-occupied residence with rental income or an addition to your investment portfolio, this property offers exceptional flexibility. Filled with classic character and charm, the home features warm original details, bright living spaces, and a comfortable layout that appeals to a wide range of buyers or renters. Each unit offers generous rooms and great natural light, with plenty of opportunity to add your personal touches. A rare find in such a central location-this property blends convenience, charm, and potential all in one.
Courtesy: Fontaine Family-The Real Estate Leader
207-784-3800
Discover the perfect blend of investment potential and owner-occupied living in this well-maintained 2-unit building just steps from downtown and only 0.2 miles from Head of Falls Park and the scenic RiverWalk. The first-floor unit is fully renovated and move-in ready, offering 2 bedrooms, fresh updates, and immediate occupancy for a new owner or tenant. The second-floor unit also features 2 bedrooms, making this an excellent option for rental income or multi-generational living. The property also has two driveways for ample parking, and quick access to the interstate for commuters. With parks, restaurants, shopping, and community events all nearby, this location offers both convenience and lifestyle appeal. Whether you're looking to live in one unit and rent the other, expand your investment portfolio, or create a flexible living arrangement, this property checks all the boxes. Don't miss this opportunity!
Courtesy: Adams Realty
207-445-4323
This profitable 3-unit income property is in an excellent location at the edge of downtown Waterville! Easy walking distance to shops, entertainment, pubs, fine dining restaurants, and a quality hotel.
Courtesy: Fontaine Family-The Real Estate Leader
207-784-3800
This 2-unit duplex offers a fantastic opportunity for those looking to build equity through renovation. Each spacious unit features 2 bedrooms and 1 bath, providing excellent potential for strong rental income once updated. Both units are currently vacant, giving the new owner the flexibility to complete improvements at their own pace and choose tenants. Conveniently located near downtown Waterville, schools, shopping, and I-95, this property is perfect for an investor or owner-occupant ready to put in a little work and reap big rewards. Don't miss this chance to bring new life to a property with great bones and endless potential!
Courtesy: Tim Dunham Realty
207-729-7297
Excellent Investment Opportunity - Two-Unit Property with Strong Potential This two-unit property presents a fantastic opportunity for investors, contractors, or owner-occupants seeking a value-add project. Situated in a convenient Waterville neighborhood close to shopping, schools, and commuter routes, this property offers solid fundamentals and ample room for improvement. Each unit features a functional layout, providing flexibility for future rental income or multi-generational living. While the building requires repairs and updates, the property's neighborhood setting and structure make it well suited for renovation and long-term return on investment. Property Highlights: Two separate units with strong income potential Convenient neighborhood setting with easy access to amenities Off-street parking Flexible floor plans offering renovation and customization opportunities Priced to reflect needed improvements This is an ideal opportunity to build equity and create value through thoughtful upgrades. Property is being sold as-is. Price is firm.
Courtesy: Hearth & Key Realty
207-241-2327
Discover an exceptional opportunity with this updated multi-family property offering both modern comfort and untapped potential. This property is currently vacant and easy to show, providing the new owners endless opportunities. The home features two spacious units—one fully 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 drywall, a new sink with butcher block countertop and vanity, and 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 and modern improvements. Set up your showing today!
Courtesy: Real Broker
207-272-3954
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.
Courtesy: Your Home Sold Guaranteed Realty
207-629-9211
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 2,638± 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 electricity—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 grow—an excellent opportunity for both cash flow and long-term value. Schedule your showing today!
Courtesy: Keller Williams Realty
207-879-9800
Opportunity knocks with this 4-unit apartment building, perfect for investors or owner-occupants! Each unit features 1 bedroom and 1 bathroom, offering a comfortable and manageable living space for tenants. The property has a **3-car garage**, providing additional storage or potential rental income. Tenants are responsible for their own electricity and heat, making this an excellent low-maintenance investment. Conveniently located in the heart of Waterville, this property is close to shopping, dining, schools, and local amenities, ensuring high tenant demand. Whether you're looking to expand your portfolio or live in one unit while renting out the others, this property is a fantastic opportunity. Schedule your showing today!
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.
