1145 Waterville Rd

Skowhegan, ME 04976

$550,000
Price
8
Beds
3,400 Sq. Ft.
$162 / Sq. Ft.
3,400
Sq. Ft.
$162
per Sq. Ft.
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Description

Looking for a turnkey investment with strong cash flow and future upside? Welcome to 1145 Waterville Road in Skowhegan--a unique opportunity featuring one single-family home and three single-wide mobile homes all situated on a 2.5-acre lot. This property is already producing over $43,000 annually in net income, making it an excellent option for both seasoned investors and those looking to get started in real estate investing. All four units have been well maintained and thoughtfully updated over...Looking for a turnkey investment with strong cash flow and future upside? Welcome to 1145 Waterville Road in Skowhegan--a unique opportunity featuring one single-family home and three single-wide mobile homes all situated on a 2.5-acre lot. This property is already producing over $43,000 annually in net income, making it an excellent option for both seasoned investors and those looking to get started in real estate investing. All four units have been well maintained and thoughtfully updated over time. The current owners have taken pride in the property, completing renovations and improvements that allow the next owner to step in without the need for major work. Beyond the existing income, the property offers additional development potential with space available to add up to two more mobile homes, creating a clear path to increase cash flow and overall return. The setting provides a nice balance of privacy and accessibility, with easy access to town amenities while still offering a spacious, rural feel. Whether you're looking to expand your portfolio, live in one unit while collecting rent, or maximize future development potential, this property checks all the boxes. Opportunities like this--multiple units, solid condition, and built-in upside--don't come along often.
  1. Listed by Joshua LaVerdiere • Keller Williams Realty • jlaverdiere@gmail.com

Property Details for 1145 Waterville Road

Waterfront
No
ArchitecturalStyle
Other, Cape Cod, Ranch
Garage Spaces
2.00
Garage
Yes
Zoning
Mixed
LISTING UPDATED: 03/20/2026 05:46 PM

Property Details for 1145 Waterville Road

StatusActive
MLS #1654902
Days on Market1
Taxes$3,408 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1932
Lot Size2.50 AC / 108,900 SF
CountySomerset County
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Location

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Building Information for 1145 Waterville Road

Stories-Residences4Year Built1932Building Size-Lot Size2.50 AC / 108,900 SF

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$2,953 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,669

Property Taxes

$284

HOA Dues

$0

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Property Information for 1145 Waterville Road

Summary
Location and General Information
  • Water Body Name: Kennebec River
  • Zip Code: 4904
  • Directions: GPS will bring you to the property!
  • Town: Skowhegan
  • State/Province: ME
  • Zip Code: 04976
  • County: Somerset
  • Geo Latitude: 44.714844
  • Geo Longitude: -69.647861
  • Tax Lot: 1
  • Site:Ground Lease: Yes
  • Location:Near Shopping: Yes
  • Location:Rural: Yes
Parking
  • Parking Features: 11 - 20 Spaces, Gravel, Inside Entrance
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 4088
  • Tax Map Number: 18
  • Tax Year: 2026
  • Parcel Number: SKOW-000018-000000-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,408.00
  • Restrictions:Other Restrictions: Yes
Property
Heating and Cooling
  • Water Heater:Electric: No
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3400.0
  • Lot Size Acres: 2.5
  • Source of Acreage: Public Records
  • Building Area Total: 3400.0
  • Existing Lease Type: Ground Lease
  • Lot Size Area: 2.5
  • Lot Size Units: Acres
  • Lot Size Square Feet: 108900.0
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 1145
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1932
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Well, Private
  • Other Equipment: Internet Access Available
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Metal Clad, Other, Wood Frame
  • Vehicle Storage:2 Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Roof: Metal, Shingle
  • Other Structures: Shed(s)
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Interior, Full, Other
  • Flooring: Laminate, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage
  • Cooling: None
  • Heating: Forced Air
  • Foundation Details: Gravel/Pad, Concrete Perimeter
  • Laundry Features: Laundry - 1st Floor, Main Level
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Mobile/Manufactured Home
Mobile/Manufactured Home
  • Body Type: Single Wide
Multi Family
Income & Expenses Information
  • Gross Income: $49,200.00
  • Operating Expenses: $5,608.48
Multi-Family Information
  • Number of Units: 4
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $800.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • 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:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,500.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • 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:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,000.00
  • 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: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: No
  • Unit 3:Heat: No
  • 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: First
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $800.00
  • 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: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: No
  • Unit 4:Heat: No
  • 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 1145 Waterville Road

DateEvent & SourcePriceAppreciation
Mar 19, 2026

Listed (Active)

Maine Listings #1654902

$550,000—
DateEvent & SourcePrice
03/19/2026

Listed (Active)

Maine Listings #1654902

$550,000

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

Public Records for 1145 Waterville Road

Taxable ValueLand$50,900Additions$140,900Total$191,800
Tax Record2024$3,466 ($289 / month)
Home Facts
Total Finished SqFt894 SqFtAbove Grade Finished SqFt894 SqFtStories1Lot Size108,900 SqFtStyleMulti-Family Dwelling (2-4)Year Built1932CountySOMERSETAPNSKOW M:18 B:1

Schools near 1145 Waterville Road

This home is within Regional School Unit 54 Msad 54.
Rating
School
Type
Grades
Distance
Bloomfield Elementary School
Public - 1 to 3
Skowhegan Area Middle School
Public - 6 to 8
Skowhegan Area High School
Public - 9 to 12
Canaan Elementary School
Public - PK to 5
Rating
School
Distance
Bloomfield Elementary School
Public1 to 3

Skowhegan Area Middle School
Public6 to 8

Skowhegan Area High School
Public9 to 12

Canaan Elementary School
PublicPK to 5

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.

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More information about 1145 Waterville Road, Skowhegan, ME 04976

1145 Waterville Road is a multi-family home for sale in Skowhegan, ME 04976. This listing's school district is Regional School Unit 54 Msad 54. Nearby schools include Bloomfield Elementary School, Skowhegan Area Middle School and Skowhegan Area High School. 1145 Waterville Road is a 8-bed, 4-bath, 3,400 sqft multi-family home built in 1932.

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 Keller Williams Realty

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.