Waterville, ME 04901 (MLS # 1655154)
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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.
| LAST UPDATED | 3/23/2026 | YEAR BUILT | 1900 |
|---|---|---|---|
| COUNTY | Kennebec | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Heat Pump, Hot Water |
| LOT | 1307 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 0.03 |
| MLS STATUS | Active |
| PARKING | On Street |
| SEWER | Public Sewer |
| STYLE | High Rise |
| TAXES | 3675 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by New England Realty Group LLC
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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