4 Sherwin Street,Waterville, ME 04901
Waterville, ME 04901
Description
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!
Details
| MLS # | 1672190 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 37 |
| Listing Provided By | Hearth & Key Realty | Ryley Austin |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 2,800 |
| Basement | Y |
| Units | 3 |
| Zoning | RC |
| Acreage | 0.11 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | No |
| Cooling | None |
Exterior
| Roof | Shingle |
|---|---|
| Lot Features | Intown, Rolling Slope, Sidewalks |
| Construction Materials | Wood Frame, Vinyl Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Gravel, 5 - 10 Spaces, Off Street |
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 2759 |
|---|---|
| Tax Book Number | 14618 |
| Tax Year | 2025 |
| Tax Lot | 267 |
| Tax Map Number | 44 |
Area Information
| State | ME |
|---|---|
| County | Kennebec |
| City | Waterville |
| Zip Code | 04901 |
| Area | Kennebec |
| Listing VS Median (in 04901) | |
Price: $339,900 low | high Med: $295,000 sqft: 2,800 low | high Med: 1,758 $ / sqft: $121 low | high Med: $193 On site: 37 low | high Med: 73.5 | |
Market Activity 04901
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Learn More About This Property
| State | ME |
|---|---|
| County | Kennebec |
| City | Waterville |
| Zip Code | 04901 |
| Area | Kennebec |
| Listing VS Median (in 04901) | |
Price: $339,900 low | high Med: $295,000 sqft: 2,800 low | high Med: 1,758 $ / sqft: $121 low | high Med: $193 On site: 37 low | high Med: 73.5 | |