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Adam Dow

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

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7 Elmwood Ave , Waterville, ME 04901
$99,800
Est. Payment: $221.78/mo
0 Bed
2 Bath
1728 Sqft
Status: Active | Days on site: 4
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3205 - 014920
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House Description

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.

Highlights

Listed by Kimberly Hawkes , 207-314-6080 OWN REAL ESTATE , 207-314-6080.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1930

County

Kennebec

Listing ID

1680008

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Floor:Carpet,Vinyl,Wood
Above Ground Sq Ft:1728
Below Ground Sq Ft:0
Basement:Interior Entry,Full,Unfinished,Brick/Mortar
Other:
  • Additional:1st Floor Bedroom, Bathtub, Shower
Water:Public

Exterior Features

Lot:Intown,Near Shopping,Neighborhood,Open Lot
Zoning:RB
Roof:Shingle
Sewer:Public Sewer
Parking Features:Common,Gravel,1 - 4 Spaces
Principal Interest
$222
Taxes
$195

Home Price

$99,800

Loan Details

30 yrs
%

Down Payment

20%
$19,960
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Monthly Price:
$221.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $221.78 $195.33 $0.00 $417.11
Yearly $2,661.33 $2,344.00 $0.00 $5,005.33
Total $79,840.00 $70,320.00 $0.00 $150,160.00

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.