136 Western Ave Waterville, ME 04901

Looking to add a high-potential property to your portfolio? This versatile two-unit property offers the perfect blend of space, location, and potential. The main house is nearly 1,500 sqft and will be vacant at closing. It is ideal for an owner-occupant or tenant-ready remodel. The first floor features a large kitchen, family room, living room, dining area, full bath, a first floor bedroom, and a half bath being used as laundry. Upstairs are two additional bedrooms and another half bath. This unit has some original character with pocket doors and original hardwood floors. The second unit is a spacious one bedroom apartment with a long term tenant of over 20 years, offering immediate cash flow and strong potential for a rent increase. Situated on a rare double lot, the property includes a newer paved driveway, ample parking, generous yard space, and a massive 40+ ft garage, half of which was previously used as a workshop, perfect for hobbyists or added rental storage income. While it could use some cosmetic updates, the bones are solid and the potential is clear. All of this in a desirable neighborhood. Walking distance to Waterville High School and just minutes from Colby College, Thomas College, hospitals, downtown, and I-95. Whether you're house hacking or looking for your next value-add property, this is one you don't want to miss!