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Active under contract
  • Price cut: $50K (12/16)
    $149,900

    40 Winter Street, Waterville, ME 04901

    4beds
    2,628sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $57/sqft
    $-- HOA

    What's special

    VIRTUAL 360 ONLINE TOUR AVAILABLE. ***CALLING FOR BACKUP OFFERS*** Inspection reports available! Investment Opportunity in the Heart of Waterville! Nestled in a desirable neighborhood close to local schools and Waterville's vibrant downtown, this true 2-unit property offers both size and potential. With approximately 2,638± sq. ft. of living space, this larger multi-family provides tenants with spacious accommodations rarely found in comparable rentals. Each unit features 2 bedrooms and 1 full bath, along with access to basement storage. Investors will appreciate the separate utilities: two independent heat sources and separate electrical meters for heat, hot water, and electricity—keeping tenant expenses independent and landlord overhead low. This property also presents a unique opportunity for forced appreciation. Current rents have been held below market levels, and with some thoughtful renovations and updates, you could increase rental income and build equity in one of Waterville's most sought-after locations. Whether you're expanding your portfolio or entering the rental market for the first time, this property combines strong fundamentals with room to grow—an excellent opportunity for both cash flow and long-term value. Schedule your showing today!
    119 days
    |
    2,620
    |
    185
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 03, 2026 at 06:35am

    Listed by:

    Your Home Sold Guaranteed Realty

    Source: Maine Listings,MLS#: 1636975MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Flooring: Carpet, Laminate, Vinyl, Wood
    • Windows: Storm Window(s)
    • Basement: Interior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 2,628
    • Total interior livable area: 2,628 sqft
    • Finished area above ground: 2,628
    • Finished area below ground: 0

    Property

    Features
    • Stories: 3
    • Patio & porch: Glassed-in Porch
    Lot
    • Size: 9,147.6 Square Feet
    Details
    • Parcel number: WAVLM048B063
    • Zoning: RB

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Farmhouse,New Englander
    • Property subtype: Multi Family
    Materials
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Ceiling Fans

    Community & HOA

    Location
    • Region: Waterville

    Financial & listing details

    • Price per square foot: $57/sqft
    • Tax assessed value: $174,400
    • Annual tax amount: $3,488
    • Date on market: 9/11/2025

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,621/mo

    Price history

    Price history
    DateEventPrice
    1/2/2026Contingent$149,900$57/sqft
    Source: Maine Listings #1636975 Report a problem
    12/16/2025Listed for sale$149,900-25%$57/sqft
    Source: Maine Listings #1636975 Report a problem
    12/9/2025Contingent$199,900$76/sqft
    Source: Maine Listings #1636975 Report a problem
    11/5/2025Price change$199,900-11.1%$76/sqft
    Source: Maine Listings #1636975 Report a problem
    11/3/2025Listed for sale$224,900$86/sqft
    Source: Maine Listings #1636975 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$3,488 +0.5%$174,400
    2023$3,471 +49.9%$174,400 +94.6%
    2022$2,316 +1.4%$89,600

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $760/mo
    Principal & interest
    $581
    Property taxes
    $127
    Home insurance
    $52

      Climate risks

      Neighborhood: 04901

      Nearby schools

      GreatSchools rating

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