Incredible Investment Opportunity! Profitable 6-unit apartment building with assumable tenants, new roof, stable income and potential for 14 plus cap rate! Excellent location close to hospitals, colleges and schools. Current tenants are assumable providing a seamless transition for owner or owner occupied home. This property is on the list for natural gas in September. Retiring owners say there is room for rent increase of 20-25%.. Apartment 1 is freshly renovated and is currently vacant for viewing. 48 hour notice on all other apartment viewings please. SELLER WOULD CONSIDER OWNER FINANCING 20% OF SALE.
Closed
$270,000
41 Western Avenue, Waterville, ME 04901
6beds
2,562sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$105/sqft
$1,641 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 14, 2025 at 07:06pm
Listed by:
Realty of Maine
Bought with:
Getty Real Estate Services, LLC
Source: Maine Listings,MLS#: 1564434

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Zoned, Hot Water, Baseboard
Cooling
- None
Features
- Shower
- Flooring: Vinyl, Carpet
- Windows: Storm Window(s)
- Basement: Interior,Dirt Floor,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,562
- Total interior livable area: 2,562 sqft
- Finished area above ground: 2,562
- Finished area below ground: 0
Property
Parking
- Parking features: 5 - 10 Spaces, Gravel, Paved
Features
- Patio & porch: Porch
Lot
- Size: 9,583 sqft
- Features: Level, Sidewalks, City Lot, Near Shopping, Near Town, Neighborhood
Details
- Parcel number: WAVLM044B070
- Zoning: Residential
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Granite
- Roof: Metal,Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Green energy
- Energy efficient items: Ceiling Fans
Community & neighborhood
Location
- Region: Waterville
Other
Other facts
- Road surface type: Paved