Active
2,800 sqft
4 Sherwin St, Waterville, ME 04901
Est: $1,880/moGet pre-approved
Multi FamilyProperty Type
0.11 acresLot Size
1935Year Built
$110/sq ftPrice per sq ft

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...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!
80 days on Market
  • Listed by: Ryley Austin 207.576.1951 ryleyrealestate@gmail.com • Hearth & Key Realty
Last updated: 08/19/2026 06:57 PM • Source: Maine Listings, MLS#: 1672190

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Location

Listing Courtesy of Hearth & Key Realty
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Payment Calculator

$1,880 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,650

Property Taxes

$230

HOA Dues

$0

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Property Information for 4 Sherwin Street

Property Details
  • Taxes: $2,759 / year
  • MLS Type: Multi-Family
  • Architectural Style: New Englander
  • Has Waterfront: No
  • Zoning: RC
Building Information
  • Residences: 3
  • Year Built: 1935
  • Lot Size: 0.11 AC / 4,791 SF
Summary
Location and General Information
  • Water View: No
  • Page: 264-266
  • Latitude: 44.544603
  • Longitude: -$69.63
Taxes and HOA
  • Association: No
  • Parcel Number: WAVL-000044-000000-000267
  • Tax Lot: 267
  • Tax Book Number: 14618
  • Tax Map Number: 44
  • Tax Year: 2025
  • Tax Annual Amount: $2,759.00
Parking
  • Parking Features: Gravel, 5 - 10 Spaces, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Intown, Rolling Slope, Sidewalks
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 2800.0
  • Building Area Total: 2800.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Year Built: 1935
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Construction Materials: Wood Frame, Vinyl Siding
Financial Information
  • List Price/SqFt: $110.36
Utilities
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Basement: Exterior Entry, Interior Entry, Walk-Out Access, Full, Brick/Mortar
  • Has Cooling: No
  • Heating: Oil, Baseboard
  • Has Heating: Yes
  • Flooring: Carpet, Laminate, Vinyl, Hardwood
Multi Family
Multi Family Information
  • # of 2 BD Units: 1
  • # of 3 BD Units: 2
  • Number Of Units Total: 3
Income & Expenses
  • Operating Expense: $6,000.00
Rental
Rent Information
  • Land Lease: No

Property History for 4 Sherwin Street

DateEvent & SourcePriceAppreciation
Aug 17, 2026

Price Change

Maine Listings #1672190

$309,000—
Jul 16, 2026

Listed (Active)

Maine Listings #1672190

$339,900—
Jan 1, 2003

Expired

Maine Listings #567307

$69,900—
DateEvent & SourcePrice
08/17/2026

Price Change

Maine Listings #1672190

$309,000
07/16/2026

Listed (Active)

Maine Listings #1672190

$339,900
01/01/2003

Expired

Maine Listings #567307

$69,900

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

Public Records for 4 Sherwin Street

Taxable ValueLand$9,700Additions$152,600Total$162,300
Tax Record2025$2,759 ($230 / month)
Home Facts
Baths3Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,800 SqFtStories3Lot Size4,792 SqFtStyleTriplexYear Built1935Year Renovated1935CountyKENNEBECAPNWAVL M:044 B:267

Schools near 4 Sherwin 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

4 Sherwin Street is a multi-family home for sale in Waterville, ME 04901. This property was listed for sale on July 16, 2026 by Hearth & Key Realty, it's currently listed at $309,000. It has been on the market for a total of 80 days and was last sold on April 9, 2001. 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. 4 Sherwin Street is a 0-bed, 3-bath, 2,800 sqft multi-family home built in 1935.

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 Hearth & Key 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.