7 Elmwood Avenue, Waterville, ME 04901 (MLS # 1680008)
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INVESTORS TAKE NOTE! Affordable 2-unit property in Waterville offering flexibility for both owner-occupants and investors. Previously owner-occupied, the vacant first-floor unit provides an opportunity to move in while receiving rental income from the occupied upstairs unit. For investors, renting both units could provide two sources of rental income. Please note income reflex only the upstairs unit and the expenses are estimated. The first-floor unit features 3 bedrooms and 1 bath, while the upstairs unit offers 2 bedrooms. Two porches provide additional outdoor space, and off-street parking adds everyday convenience. Enjoy an in-town location within walking distance of the Alfond Youth & Community Center, offering pools, a playground, courts, and recreation opportunities. Downtown Waterville restaurants, shopping, and local amenities are also just a short distance away. Whether you are a first-time buyer interested in rental income potential or an investor looking to add a value-add multi-unit property to your portfolio, this Waterville 2-unit offers an affordable opportunity with room to build equity and make it your own.
| LAST UPDATED | 9/10/2026 | YEAR BUILT | 1930 |
|---|---|---|---|
| COUNTY | Kennebec | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Water Heater |
| BASEMENT | Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Baseboard, Forced Air, Hot Water, Oil |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Open Lot |
| LOT DIMENSIONS | 0.12 |
| MLS STATUS | Active |
| PARKING | Common, Gravel |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Cape Cod |
| TAXES | 2344 |
| UTILITIES | Natural Gas Not Available |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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