145-147 Main St

Waterville, ME 04901

$1,300,000
Price
—
Beds
9,854 Sq. Ft.
$132 / Sq. Ft.
9,854
Sq. Ft.
$132
per Sq. Ft.
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Description

Excellent investment opportunity featuring four residential apartments and two commercial rental spaces in the heart of downtown Waterville. With six income-producing units under one roof, this well-maintained mixed-use property offers diversified cash flow, long-term appreciation potential, and flexibility for a variety of investment strategies. The residential portion includes two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street . The...Excellent investment opportunity featuring four residential apartments and two commercial rental spaces in the heart of downtown Waterville. With six income-producing units under one roof, this well-maintained mixed-use property offers diversified cash flow, long-term appreciation potential, and flexibility for a variety of investment strategies. The residential portion includes two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street . The owner's unit can continue to serve as an owner-occupied residence or be converted into an additional income-producing rental, maximizing revenue potential. The street-level commercial spaces are occupied by Waterville House of Pizza and Soul Revival , two established businesses that benefit from outstanding Main Street exposure and consistent traffic. The combination of residential and commercial tenants provides multiple income streams while helping reduce investment risk. Ideally located near Colby College, downtown shopping, restaurants, healthcare, and major transportation routes, this property is well positioned to benefit from Waterville's continued growth and revitalization. Investors will appreciate the strong location, established tenancy, and opportunity for future rental income growth. Whether you're adding to an investment portfolio, completing a 1031 exchange, or searching for a mixed-use property with proven income potential, this property deserves your attention. Possible owner financing may be available to qualified buyers , providing added flexibility for acquisition. Opportunities to purchase a property offering four residential rental units, two commercial spaces, diversified income, and a prime downtown location are increasingly rare.
  1. Listed by Elisha Hardy • Berkshire Hathaway HomeServices Northeast Real Estate
    P: (207)-314-2574 C: (207)-314-2574 elisha@elishahardy.com

Property Details for 145-147 Main Street

Architectural Style
Other
Style
Other
View
Scenic
Has Waterfront
No
Zoning
CA
LISTING UPDATED: 07/11/2026 08:57 PM

Property Details for 145-147 Main Street

StatusActive
MLS #1646269
Days on Market81
Taxes$5,994 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1870
Lot Size0.06 AC / 2,613 SF
CountyKennebec County
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Location

Listing Courtesy of Berkshire Hathaway HomeServices Northeast Real Estate
Add your commute

Building Information for 145-147 Main Street

Stories2Residences4Year Built1870Building Size-Lot Size0.06 AC / 2,613 SF

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$6,978 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,478

Property Taxes

$500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 145-147 Main Street

Summary
Location and General Information
  • Water View: No
  • Location: Business District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Other Location
  • Page: 252-272
  • Latitude: 44.551005
  • Longitude: -$69.63
  • Transportation: Near Public Transit
Taxes and HOA
  • Association: No
  • Tax Lot: 413
  • Tax Book Number: 11788/14740/
  • Tax Map Number: 48
  • Tax Year: 25
  • Tax Annual Amount: $5,994.00
Parking
  • Parking Features: No Driveway, 1 - 4 Spaces, Other Parking, Paved, On Street
  • Parking: 1 - 4 Spaces, Other Parking, Paved, On Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Business District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Other, Level, Sidewalks, Near Public Transit
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 2613.6
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Tree Growth: false
  • Site: Level, Other Site, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 9854.0
  • Building Area Total: 9854.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: No
  • Construction: Masonry
  • Year Built: 1870
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Poured Concrete
  • Foundation Materials: Poured Concrete
  • Construction Materials: Masonry, Brick, Glass
  • Color: Brick
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $131.93
Green Features
  • Energy Efficiency: HVAC
  • Green Energy Efficient: HVAC
Utilities
  • Heat Fuel: Electric, Gas Bottled
  • # Heating Units: 4
  • # Water Heaters: 4
  • Electric: Circuit Breakers
  • Gas: Bottled, Natural - At Street
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
  • Utilities: Yes
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Glass, Other Exterior
  • Roof: Membrane
  • Driveway: No Driveway
Interior Features
  • Accessibility Features: Other Accessibilities
  • Amenities: Upper Level, Washer Hookup, Other Amenities, Sprinkler
  • Bathrooms Full: 5
  • Bathrooms Total Decimal: 5.0
  • Bathrooms Total Integer: 5
  • Equipment: Internet Access Available
  • Laundry Features: Upper Level, Washer Hookup
  • Other Equipment: Internet Access Available
  • Basement: Interior Entry, Walk-Out Access, Full
  • Basement: Walk-Out Access, Full
  • Cooling: Central Air, Other, Heat Pump
  • Has Cooling: Yes
  • Heating: Electric, Gas Bottled, Forced Air, Heat Pump, Hot Water
  • Has Heating: Yes
  • Flooring: Concrete, Other
  • Interior Features: Other
Room Information
Laundry
  • Laundry Room Amenities: Upper Level, Washer Hookup
Multi Family
Multi Family Information
  • # of 1 BD Units: 2
  • # of 2 BD Units: 1
  • # of 3 BD Units: 1
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $123,000.00
  • Operating Expense: $111,506.00
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 145-147 Main Street

DateEvent & SourcePriceAppreciation
Jul 11, 2026

Listed (Active)

Maine Listings #1646269

—
Feb 25, 2026

Withdrawn

Maine Listings #1646269

$1,300,000—
Feb 25, 2026

Withdrawn

Maine Listings #1646261

$1,300,000—
DateEvent & SourcePrice
07/11/2026

Listed (Active)

Maine Listings #1646269

—
02/25/2026

Withdrawn

Maine Listings #1646269

$1,300,000
02/25/2026

Withdrawn

Maine Listings #1646261

$1,300,000

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

Public Records for 145-147 Main Street

Taxable ValueLand$66,100Additions$143,700Total$209,800
Tax Record2023$4,175 ($348 / month)
Home Facts
Baths1Total Finished SqFt5,332 SqFtAbove Grade Finished SqFt5,332 SqFtStories2Lot Size3,049 SqFtStyleDepartment StoreYear Built1870CountyKENNEBECAPNWAVL M:048 B:413

Schools near 145-147 Main Street

This home is within Waterville Public Schools.
Rating
School
Type
Grades
Distance
George J Mitchell School
Public - PK to 3
Albert S Hall School
Public - 4 to 5
Waterville Junior High School
Public - 6 to 8
Waterville Senior High School
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.

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More information about 145-147 Main Street, Waterville, ME 04901

145-147 Main Street is a multi-family home for sale in Waterville, ME 04901. This property was listed for sale on December 11, 2025 by Berkshire Hathaway HomeServices Northeast Real Estate, it's currently listed at $1,300,000. 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. 145-147 Main Street is a 0-bed, 5-bath, 9,854 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Northeast Real Estate

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.