2,037 Sq. Ft.
$117 / Sq. Ft.
2,037
Sq. Ft.
$117
per Sq. Ft.

Description

🏡 Investment Opportunity in Winslow, Maine! 📍 41 Bay St, Winslow, ME
💲 $239,000
Turn-key 2-unit apartment building in a prime in-town location with strong rental potential and low-maintenance ownership appeal.
✅ Recently Renovated
✅ New Heating System
✅ New Asphalt Roof
✅ Updated Lateral/Sewer System
✅ Vinyl Windows Throughout
✅ Large Tenant Parking Area
Unit 1 (Downstairs):
• Spacious 2-bedroom layout
• Large laundry area
Unit 2 (Upstairs):
• 3-bedroom
...🏡 Investment Opportunity in Winslow, Maine! 📍 41 Bay St, Winslow, ME
💲 $239,000

Turn-key 2-unit apartment building in a prime in-town location with strong rental potential and low-maintenance ownership appeal.

✅ Recently Renovated
✅ New Heating System
✅ New Asphalt Roof
✅ Updated Lateral/Sewer System
✅ Vinyl Windows Throughout
✅ Large Tenant Parking Area

Unit 1 (Downstairs):
• Spacious 2-bedroom layout
• Large laundry area

Unit 2 (Upstairs):
• 3-bedroom unit
• Washer & dryer hookups

Perfect for investors looking for cash flow, owner-occupants wanting rental income, or anyone seeking a solid multi-unit property in a convenient location close to shopping, schools, and amenities. Properties at this price point with major updates already completed don't last long. Schedule your showing today! #WinslowMaine #MaineRealEstate #InvestmentProperty #MultiFamilyHome #RentalIncome #ApartmentBuilding
  1. Listed by David White • OwnerEntry.com

Property Details for 41 Bay Street

Waterfront
No
ArchitecturalStyle
Other
Garage
No
Zoning
CD
LISTING UPDATED: 04/23/2026 02:24 PM

Property Details for 41 Bay Street

StatusActive
MLS #1659004
Days on Market10
Taxes$2,761 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1860
Lot Size0.24 AC / 10,454 SF
CountyKennebec County

Location

Listing Courtesy of OwnerEntry.com
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Building Information for 41 Bay Street

Stories2Residences2Year Built1860Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$1,434 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,203

Property Taxes

$230

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 41 Bay Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 7045
  • Town: Waterville
  • State/Province: ME
  • Zip Code: 04901
  • County: Kennebec
  • Geo Latitude: 44.543145
  • Geo Longitude: -69.626589
  • Tax Lot: 33B
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Railroad: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Construction: Wood Frame
  • Road Frontage: false
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: 5 - 10 Spaces, Paved, Off Street
  • Attached Garage: No
  • Parking: 5 - 10 Spaces, Off Street
Taxes and HOA Information
  • Tax Book Number: 00
  • Tax Map Number: 17
  • Tax Year: 2025
  • Parcel Number: WINS-000017-000033-B000000
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,761.00
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Oil: Yes
  • Heat Fuel: Oil, Propane
  • Heat System: Baseboard, Direct Vent Heater, Forced Air, Hot Water, Other Heat System
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2037.0
  • Lot Size Acres: 0.24
  • Source of Acreage: Public Records
  • Building Area Total: 2037.0
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10454.4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 41
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: White
Parking
  • Driveway:Paved: Yes
  • Driveway: Paved2
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1860
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: No
  • Gas:Bottled: Yes
  • Water Heater: Electric2, Oil2
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Vehicle Storage: No Vehicle Storage
  • Patio and Porch Features: Porch
  • Basement Entry: Exterior Only
Interior Features
  • Basement: Full, Unfinished
  • Flooring: Wood, Laminate, Carpet
  • Cooling: None
  • Heating: Other Heat System, Hot Water, Forced Air, Direct Vent Heater, Baseboard
  • # Floors: 2
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $31,500.00
  • Operating Expenses: $999.00
  • Gross Income: $31,500.00
  • Operating Expenses: $999.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,350.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • 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: No
  • Unit 1:Refrigerator: No
  • Unit 1:Sewer: No
  • Unit 1:Water: No
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Monthly Rent: $1,275.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 6.00
  • Unit 2:# of Bedrooms: 3.00
  • 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: No
  • Unit 2:Refrigerator: No
  • Unit 2:Sewer: No
  • Unit 2:Water: No
Unit 3
  • Unit 3:Range: No
  • Unit 3:Sewer: No
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 41 Bay Street

DateEvent & SourcePriceAppreciation
Apr 23, 2026

Listed (Active)

Maine Listings #1659004

$239,000
Aug 16, 2017

Expired

Maine Listings #1277568

$75,000
Aug 16, 2016

Listed (Active)

Maine Listings #1277568

$75,000
DateEvent & SourcePrice
04/23/2026

Listed (Active)

Maine Listings #1659004

$239,000
08/16/2017

Expired

Maine Listings #1277568

$75,000
08/16/2016

Listed (Active)

Maine Listings #1277568

$75,000

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

Public Records for 41 Bay Street

Taxable ValueLand$25,500Additions$160,400Total$185,900
Tax Record2024$2,789 ($232 / month)
Home Facts
Baths2Total Finished SqFt2,037 SqFtAbove Grade Finished SqFt2,037 SqFtUnfinished Basement SqFt1,099 SqFtStories2Lot Size10,454 SqFtStyleDuplexYear Built1860ZoningMUCountyKENNEBECAPNWINS M:017 B:033 L:B

Schools near 41 Bay Street

This home is within Winslow Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Winslow Elementary School
PublicPK to 6

Winslow Junior High School
Public7 to 8

Winslow High School
Public9 to 12

St John Catholic School
PrivatePK to 6

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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41 Bay Street is a multi-family home for sale in Waterville, ME 04901. This property was listed for sale on April 23, 2026 by OwnerEntry.com, it's currently listed at $239,000. This listing's school district is Winslow Schools. Nearby schools include Winslow Elementary School, Winslow Junior High School and Winslow High School. 41 Bay Street is a 5-bed, 2-bath, 2,037 sqft multi-family home built in 1860.

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 OwnerEntry.com

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.