1 Preston Street, Waterville, ME 04901

Duplex. One first floor unit, one second floor unit. Many updates since 2018. Two 3 bedroom, 1 bath units. Currently rented at $1,200 and $1,400. Market rate is likely $1,500 for each unit. Tenant who pays $1,200 currently does lawn care and snow removal. Photos are from before current tenants occupied. Needs to have the chimney re-topped, received an estimate for $2,300 for this. Needs new posts and beam on porch. Willing to increase purchase price to escrow for repairs or potentially have the repairs done prior to closing. Willing to increase purchase price to include buyer's realtor commission. May be willing to hold paper to help with part of the down payment for the right borrower.