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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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4 Sherwin St , Waterville, ME 04901
$309,000
Est. Payment: $686.67/mo
0 Bed
3 Bath
2800 Sqft
Status: Active | Days on site: 34
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3427 - 023024
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House Description

3-unit investment opportunity in Waterville with all units vacant and ready for occupancy! A rare chance to set your own rents, choose your own tenants, or owner-occupy while generating rental income. Each apartment occupies its own private floor, offering an attractive layout with a 2-bedroom unit on the first floor and spacious 3-bedroom units on both the second and third floors. Major capital improvements have already been completed, including a new roof (2 years old), new furnace (Less than 2 years old), new oil tank in 2022, updated electrical panels, plumbing improvements, replacement windows, fresh interior paint, updated trim, cabinets, and flooring. Each unit features its own dedicated storage room located just outside the apartment at the end of the hallway. The full walk-in basement provides laundry hookups, ample utility/storage space, and easy access to building equipment for easy servicing. With strong rental potential, ongoing updates, and the flexibility of a completely vacant building, this well-maintained multi-family property is an outstanding opportunity for both seasoned investors and owner-occupants alike. Don't miss your chance to add a quality income-producing property to your portfolio. The seller is finishing up the final cosmetic touches to the building!

Highlights

Listed by Ryley Austin , 207-576-1951 Hearth & Key Realty , 207-241-2327.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1935

County

Kennebec

Listing ID

1672190

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Floor:Carpet,Laminate,Vinyl,Hardwood
Above Ground Sq Ft:2800
Below Ground Sq Ft:0
Basement:Exterior Entry,Interior Entry,Walk-Out Access,Full,Brick/Mortar
Water:Public

Exterior Features

Lot:Intown,Rolling Slope,Sidewalks
Zoning:RC
Roof:Shingle
Sewer:Public Sewer
Parking Features:Gravel,5 - 10 Spaces,Off Street
Principal Interest
$687
Taxes
$230

Home Price

$309,000

Loan Details

30 yrs
%

Down Payment

20%
$61,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$686.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $686.67 $229.92 $0.00 $916.58
Yearly $8,240.00 $2,759.00 $0.00 $10,999.00
Total $247,200.00 $82,770.00 $0.00 $329,970.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Waterville, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.