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$175,000
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Property Description
Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where your tenant helps pay the mortgage? This updated duplex checks all the boxes. It features two spacious units with nearly identical layouts, both updated within the last few years. Each unit offers a large kitchen, comfortable living room, and two generous bedrooms. The downstairs unit includes a convenient laundry room, while the upstairs unit has an additional room that could be used as a third bedroom, office, or whatever you envision. The location is equally appealing. It is within walking distance to the rejuvenated downtown Waterville area and only minutes from the hospital, highway, colleges, and airport. Updated and affordable apartment buildings are rare in this market and in high demand. Whether you are building your investment portfolio or looking for a smart way to live in one unit while renting the other, this is an opportunity you will not want to miss!
Full Property Details
Full Property Details for 42 Carey Ln
General
- Sold For: $175,000
- Taxes: $1,751 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1653321
- Added to Site: 76 day(s) ago
Interior
- Flooring: Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Parking
- Parking Features: Gravel, 1 - 4 Spaces
Location
- County: Kennebec
- Subdivision: no
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Baseboard, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: New Englander
- Construction: Wood Frame, Vinyl Siding, Wood Siding
- Roof: Fiberglass, Metal, Pitched, Shingle
- Building Size: 1690
- Square Feet: 1,690
- Living Area: 1,690 Sq. Ft.
- Finished Total: 1,690 Sq. Ft.
- Finished Above Grnd: 1,690 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Public Records
- Zoning: RCCB
- Lot Description: Near Country Club, Level, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate
Financial Considerations
- Tax Amount: $1,751
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 117
Listed by Real Broker (207) 272-3954
Sold by Cates Real Estate (207) 701-5600
Get Pre-Approved Today
Schools
Schools serving 42 Carey Ln
School District:Waterville
| Name | Grades | Distance |
|---|---|---|
Albert S Hall School 27 Pleasant Street, Waterville, ME 04901 | 4-5 | 0.7 mi |
George J Mitchell School 58 Drummond Avenue, Waterville, ME 04901 | PK-3 | 1.8 mi |
Waterville Junior High School 100 West River Road, Waterville, ME 04901 | 6-8 | 1.4 mi |
Waterville Senior High School 1 Brooklyn Avenue, Waterville, ME 04901 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 42 Carey Ln
Date
Details
Price
Change
Source
5/16/2026
Sold
$175,000
1.45%
MLS
3/04/2026
Listed
$172,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
42 Carey Lane, Waterville, ME 04901 (MLS# 1653321) is a Multi-Family property that was sold at $175,000 on May 16, 2026. Want to learn more about 42 Carey Lane? 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.

