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$545,000
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Property Description
Major renovations completed in 2020 make this a turnkey investment with no significant deferred maintenance concerns for years to come. The first floor offers a retail space on Main Street with excellent visibility, while the fully furnished second and third floor apartments have been successfully operated as short term rentals with strong demand, a proven track record, and future bookings already extending into 2027. Considered a guest favorite on Airbnb with seventeen 5 star reviews. Located across from the Opera House and just minutes from Colby College and Thomas College, this ideally situated property appeals to visitors, college parents, and downtown guests alike. Set in the heart of Waterville's expanding downtown, this is a strong mixed use investment opportunity with multiple income streams.
Full Property Details
Full Property Details for MLS# 1655154
General
- Sold For: $545,000
- Taxes: $3,675 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1655154
- Added to Site: 65 day(s) ago
Interior
- Flooring: Carpet, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Parking
- Parking Features: No Driveway, On Street
Location
- County: Kennebec
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Oil, Baseboard, Heat Pump, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: High-Rise
- Construction: Masonry, Brick
- Roof: Membrane, Rolled/Hot Mop
- Building Size: 3396
- Square Feet: 3,396
- Living Area: 3,396 Sq. Ft.
- Finished Total: 3,396 Sq. Ft.
- Finished Above Grnd: 3,396 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306.8
- Lot Size Source: Public Records
- Zoning: CA
- Lot Description: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Retail Strip
Financial Considerations
- Tax Amount: $3,675
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 167
Listed by New England Realty Group LLC (207) 714-0435
Sold by Your Home Sold Guaranteed Realty (207) 629-9211
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Price & Sales History for MLS# 1655154
Date
Details
Price
Change
Source
5/21/2026
Sold
$545,000
-2.66%
MLS
3/23/2026
Listed
$559,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 1655154, Waterville, ME 04901 (MLS# 1655154) is a Multi-Family property that was sold at $545,000 on May 21, 2026. Want to learn more about MLS# 1655154? 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.

