145-147 Main ST, Waterville, ME 04901
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145-147 Main ST, Waterville, ME 04901
145-147 Main ST, Waterville, ME 04901
145-147 Main ST, Waterville, ME 04901
145-147 Main ST, Waterville, ME 04901
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Listed by Elisha Hardy Berkshire Hathaway HomeServices Northeast Real Estate
$ 1,300,000
Est. payment /mo
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Active

145-147 Main ST Waterville, ME 04901

5 Baths

9,854 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,854 sqft

Price per Sqft $131

MLS Listing ID 1646269

Full Baths 5

HOA Y/N No

Year Built 1870

Tax Year 25

Lot Size 2,613 Sqft

Acres 0.06

Source Maine Listings

Land Area 9854

Property Description

Excellent investment opportunity featuring **four residential apartments and two commercial rental spaces** in the heart of downtown Waterville. With six income-producing units under one roof, this well-maintained mixed-use property offers diversified cash flow, long-term appreciation potential, and flexibility for a variety of investment strategies.
The residential portion includes **two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street**. The owner's unit can continue to serve as an owner-occupied residence or be converted into an additional income-producing rental, maximizing revenue potential.
The street-level commercial spaces are occupied by **Waterville House of Pizza** and **Soul Revival**, two established businesses that benefit from outstanding Main Street exposure and consistent traffic. The combination of residential and commercial tenants provides multiple income streams while helping reduce investment risk.
Ideally located near Colby College, downtown shopping, restaurants, healthcare, and major transportation routes, this property is well positioned to benefit from Waterville's continued growth and revitalization. Investors will appreciate the strong location, established tenancy, and opportunity for future rental income growth.
Whether you're adding to an investment portfolio, completing a 1031 exchange, or searching for a mixed-use property with proven income potential, this property deserves your attention. **Possible owner financing may be available to qualified buyers**, providing added flexibility for acquisition.
Opportunities to purchase a property offering **four residential rental units, two commercial spaces, diversified income, and a prime downtown location** are increasingly rare.

Location

State ME

County Kennebec

Zoning CA

Rooms

Basement Interior Entry, Walk-Out Access, Full

Interior

Interior Features Other

Heating Electric, Gas Bottled, Forced Air, Heat Pump, Hot Water

Cooling Central Air, Other, Heat Pump

Flooring Concrete, Other

Equipment Internet Access Available

Laundry Upper Level, Washer Hookup

Exterior

Parking Features No Driveway, 1 - 4 Spaces, Other Parking, Paved, On Street

View Scenic

Roof Type Membrane

Accessibility Other Accessibilities

Garage No

Building

Lot Description Business District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Other, Level, Sidewalks, Near Public Transit

Story 2

Entry Level Multi-Level

Foundation Poured Concrete

Water Public

Architectural Style Other

Level or Stories 2

Others

Tax ID 145147mainstwaterville04910

Security Features Fire Sprinkler System

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

Special Listing Condition Standard


Maine MLS (MREIS) IDX

NEARBY SCHOOLS & PROPERTIES

Radka Meader

Radka Meader

Broker Associate | License ID: BA921160

+1(603) 502-3544

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145-147 Main ST