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145-147 Main Street, Waterville, ME 04901

$1,300,000
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Active
BATHS5 full SQUARE FEET9,854 MLS#1646269
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property 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 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.

145-147 Main Street | MLS# 1646269

This multi-family property located at 145-147 Main Street, Waterville, ME 04901 is currently listed for sale with an asking price of $1,300,000. Search Waterville real estate on bobbiroberts.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Interior Entry, Walk-Out Access, Full
Cooling: Central Air, Other, Heat Pump
Heating: Electric, Gas Bottled, Forced Air, Heat Pump, Hot Wate
Home Style: Other
Lot Size: 0.06 Acres
Roof Type: Membrane
Taxes: $5,994
Year Built: 1870

Feature Descriptions

Accessibilitiy: Other Accessibilities
Amenities: Upper Level, Washer Hookup, Other Amenities, Sprinkler
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Masonry, Brick, Glass
Flooring: Concrete, Other
Foundation: Poured Concrete
Lot: Business District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Other, Level, Sidewalks, Near Public Transit
Parking: No Driveway,1 - 4 Spaces, Other Parking, Paved, On Street
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 9854
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Northeast Real Estate
Agent Name: Elisha Hardy
Agency Phone: 207-942-8261

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Shown By

Agent Name: Bobbi Roberts
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 3,771.90 per month $2,893.24 Principal & Interest $499.50 Property Tax $379.17 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/23/2026. The listing information on this page last changed on 07/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/23/2026 12:00:23 AM EST) or MLSPIN MLS (last updated Wed 07/22/2026 11:38:32 PM EST) or Prime MLS (last updated Wed 07/22/2026 11:33:29 PM EST) or MREIS (last updated Wed 07/22/2026 11:55:17 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



Listing data is derived in whole or in part from the Maine IDX & 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.

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