2,250 Sq. Ft.
$111 / Sq. Ft.
2,250
Sq. Ft.
$111
per Sq. Ft.

Description

Investors take notice -- this 4-unit property offers strong potential for both new and seasoned investors alike. Conveniently located just minutes from downtown Waterville, tenants will enjoy quick access to shopping, restaurants, and everyday essentials. The property offers the opportunity to generate consistent rental income while building long-term equity in one of Central Maine's growing rental markets. Whether you're looking to expand your portfolio, owner-occupy while collecting rental income,...Investors take notice -- this 4-unit property offers strong potential for both new and seasoned investors alike. Conveniently located just minutes from downtown Waterville, tenants will enjoy quick access to shopping, restaurants, and everyday essentials. The property offers the opportunity to generate consistent rental income while building long-term equity in one of Central Maine's growing rental markets. Whether you're looking to expand your portfolio, owner-occupy while collecting rental income, or secure your first multifamily investment, this property checks all the boxes. With its desirable location, income-producing potential, and proximity to local amenities, this is an opportunity you won't want to miss.
  1. Listed by Adrian Sincyr • Real Broker

Property Details for 10 Gray Street

Waterfront
No
ArchitecturalStyle
New Englander
Garage Spaces
1.00
Garage
Yes
Zoning
RC
LISTING UPDATED: 05/27/2026 05:55 AM

Property Details for 10 Gray Street

StatusActive
MLS #1664011
Days on Market8
Taxes$3,002 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyKennebec County

Location

Listing Courtesy of Real Broker
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Building Information for 10 Gray Street

Stories15Residences4Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$1,496 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,246

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 10 Gray Street

Summary
Location and General Information
  • Zip Code: 6419
  • Directions: GPS Friendly
  • Town: Waterville
  • State/Province: ME
  • Zip Code: 04901
  • County: Kennebec
  • Geo Latitude: 44.54261
  • Geo Longitude: -69.635615
  • Tax Lot: 240
  • Site:Level: Yes
  • Location:Neighborhood: Yes
  • Construction: Wood Frame
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: Paved, 1 - 4 Spaces
  • Attached Garage: No
  • Parking: 1 - 4 Spaces
Taxes and HOA Information
  • Tax Book Number: 14706
  • Tax Map Number: 39
  • Tax Year: 2025
  • Parcel Number: WAVL-000039-000000-000240
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,002.00
  • Restrictions:No Dogs Allowed: Yes
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Off Heating System: Yes
  • Heat Fuel: Oil
  • Heat System: Baseboard, Hot Water
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2250.0
  • Lot Size Acres: 0.13
  • Source of Acreage: Public Records
  • Building Area Total: 2250.0
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5662.8
  • Bathrooms Full: 4
  • Street Number: 10
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Brown
Parking
  • Driveway:Paved: Yes
  • Driveway: Paved2
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
  • Water Heater: Electric2, Off Heating System
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Asphalt
  • Vehicle Storage:1 Car: Yes
  • Roof: Shingle
  • Vehicle Storage: 1 Car
  • Basement Entry: Exterior Only, Interior
Interior Features
  • Basement: Full, Unfinished
  • Flooring: Vinyl
  • Cooling: None
  • Heating: Oil, Baseboard, Hot Water
  • Foundation Details: Brick/Mortar, Poured Concrete
  • # Floors: 15
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $46,800.00
  • Operating Expenses: $29,640.00
  • Gross Income: $46,800.00
  • Operating Expenses: $29,640.00
Multi-Family Information
  • Number of Units: 4
  • Building Info:# Stories: 15
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: Second
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $975.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 14.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Monthly Rent: $975.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: First
  • Unit 3:Monthly Rent: $975.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 4.00
  • Unit 3:# of Bedrooms: 2.00
  • Unit 3:Dedicated Electric Meter: No
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: Yes
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Second
  • Unit 4:Monthly Rent: $975.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 4.00
  • Unit 4:# of Bedrooms: 2.00
  • Unit 4:Dedicated Electric Meter: No
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: Yes
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 4
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 10 Gray Street

DateEvent & SourcePriceAppreciation
May 27, 2026

Listed (Active)

Maine Listings #1664011

$250,000
Feb 28, 2023

Sold (Public Record)

Public Record #1507165928

$150,000
Feb 28, 2023

Sold

Maine Listings #1531918

$150,000
DateEvent & SourcePrice
05/27/2026

Listed (Active)

Maine Listings #1664011

$250,000
02/28/2023

Sold (Public Record)

Public Record #1507165928

$150,000
02/28/2023

Sold

Maine Listings #1531918

$150,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 10 Gray Street

Taxable ValueLand$9,900Additions$166,700Total$176,600
Tax Record2025$3,002 ($250 / month)
Home Facts
Baths4Total Finished SqFt2,250 SqFtAbove Grade Finished SqFt2,250 SqFtStories2Lot Size5,663 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyKENNEBECAPNWAVL M:039 B:240

Schools near 10 Gray Street

This home is within Waterville Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
George J Mitchell School
PublicPK to 3

Albert S Hall School
Public4 to 5

Waterville Junior High School
Public6 to 8

Waterville Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

10 Gray Street is a multi-family home for sale in Waterville, ME 04901. This property was listed for sale on May 27, 2026 by Real Broker, it's currently listed at $250,000. It has been on the market for a total of 8 days and was last sold on February 28, 2023. This listing's school district is Waterville Public Schools. Nearby schools include George J Mitchell School, Albert S Hall School and Waterville Junior High School. 10 Gray Street is a 8-bed, 4-bath, 2,250 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.