4 Sherwin StreetWaterville, ME 04901

Description

3-unit investment opportunity in Waterville with all units vacant and ready for occupancy! A rare chance to set your own rents, choose your own tenants, or owner-occupy while generating rental income. Each apartment occupies its own private floor, offering an attractive layout with a 2-bedroom unit on the first floor and spacious 3-bedroom units on both the second and third floors. Major capital improvements have already been completed, including a new roof (2 years old), new furnace (Less than 2 years old), new oil tank in 2022, updated electrical panels, plumbing improvements, replacement windows, fresh interior paint, updated trim, cabinets, and flooring. Each unit features its own dedicated storage room located just outside the apartment at the end of the hallway. The full walk-in basement provides laundry hookups, ample utility/storage space, and easy access to building equipment for easy servicing. With strong rental potential, ongoing updates, and the flexibility of a completely vacant building, this well-maintained multi-family property is an outstanding opportunity for both seasoned investors and owner-occupants alike. Don't miss your chance to add a quality income-producing property to your portfolio. The seller is finishing up the final cosmetic touches to the building!

Property Information

Property type

Residential Income

Style

New Englander

Year built

1935

Living area

2,800 Sq Ft

Lot size

0.11 acres

Zoning

RC

Days on market

0

MLS^® Listing#

1672190

Property Features

Cooling

None

Heating

Oil · Baseboard

Flooring

Carpet · Laminate · Vinyl · Hardwood

Basement

Exterior Entry · Interior Entry · Walk-Out Access · Full

Parking

Gravel · Off Street

Lot features

Rolling Slope

Construction

Vinyl Siding · Frame

Roof

Shingle

Utilities

Natural Gas Not Available

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$2,759Tax year 2025