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$135,000
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Property Description
VIRTUAL 360 ONLINE TOUR AVAILABLE. ***CALLING FOR BACKUP OFFERS*** 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!
Full Property Details
Full Property Details for 40 Winter St
General
- Sold For: $135,000
- Taxes: $3,488 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1636975
- Added to Site: 131 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom, Attic, Bathtub, Shower, Storage
- Flooring: Wood, Vinyl, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Laundry: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
Additional Information
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Glass Enclosed
Parking
- Parking Features: 1 - 4 Spaces, Paved, On-Site Parking, Off Street
Location
- County: Kennebec
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Farmhouse, New Englander
- Construction: Other Exterior, Wood Frame
- Roof: Shingle
- Windows: Storm Window(s)
- Stories/Levels: 3
- Building Size: 2628
- Square Feet: 2,628
- Living Area: 2,628 Sq. Ft.
- Finished Total: 2,628 Sq. Ft.
- Finished Above Grnd: 2,628 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
- Lot Size Source: Public Records
- Zoning: RB
- Lot Description: Open, Level, Neighborhood
Green Features
- Energy Efficient: Ceiling Fans
Financial Considerations
- Tax Amount: $3,488
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 63
Listed by Your Home Sold Guaranteed Realty (207) 629-9211
Sold by Century 21 Nason Realty (207) 873-2119
Get Pre-Approved Today
Schools
Schools serving 40 Winter St
School District:Waterville
| Name | Grades | Distance |
|---|---|---|
Albert S Hall School 27 Pleasant Street, Waterville, ME 04901 | 4-5 | 0.2 mi |
George J Mitchell School 58 Drummond Avenue, Waterville, ME 04901 | PK-3 | 1.1 mi |
Waterville Junior High School 100 West River Road, Waterville, ME 04901 | 6-8 | 1.9 mi |
Waterville Senior High School 1 Brooklyn Avenue, Waterville, ME 04901 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Winter St
Date
Details
Price
Change
Source
1/16/2026
Sold
$135,000
-9.94%
MLS
12/16/2025
Price Reduced
$149,900
-25.01%
MLS
11/05/2025
Price Reduced
$199,900
-11.12%
MLS
10/02/2025
Price Reduced
$224,900
-10%
MLS
9/11/2025
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40 Winter Street, Waterville, ME 04901 (MLS# 1636975) is a Multi-Family property that was sold at $135,000 on January 16, 2026. Want to learn more about 40 Winter Street? Do you have questions about finding other Multi-Family real estate for sale in Waterville? You can browse all Waterville real estate or contact a Coldwell Banker agent to request more information.

