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    40 Winter St Waterville, ME 04901

    For Sale
    $199,900

    MULTI_FAMILY - Other - Waterville, ME

    Property size:
    2,628 SF
    Lot size:
    0.21 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 40 Winter St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RB
    Rooms
    Bathroom 1, Bathroom 2, Basement
    Parking features
    Off Street
    Pets allowed
    No
    Interior features
    1st Floor Bedroom, Attic, Bathtub, Shower, Storage
    Basement
    Full, Walk-Out Access, Unfinished
    Size
    2,628 SF
    Lot size
    0.21 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Wood, Laminate, Carpet, Vinyl
    Building materials
    Other Exterior, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Laflin & Wolfington Realty (207) 629-9211 [email protected]

    Listing agent Nicholas Corrow (207) 629-9211

    Listing date Nov 5, 2025

    MLS# 1636975 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Waterville Multi-Family Investment

    Located in Waterville, Maine, this two-unit property presents an investment opportunity near local schools and downtown. The multi-family property offers approximately 2,628 square feet of living space, with each unit featuring 2 bedrooms and 1 full bath, along with access to basement storage. The property includes separate utilities, featuring two independent heat sources and separate electrical meters for heat, hot water, and electricity. The 0.21-acre lot is zoned RB. This property offers potential for increased rental income through renovations and updates.
    Property Profile Location Intelligence

    Current Use by Public Records

    GruvyCo 3D Printing Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.638818
    Latitude
    44.551022

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    FAQs

    What type of property is this?
    Duplex - Two-unit property near downtown Waterville with investment potential.
    Where is this duplex located?
    The property is located at 40 Winter St Waterville, ME.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Investment opportunity with potential for forced appreciation through renovations and increased rents.; - Located in a desirable neighborhood close to local schools and downtown Waterville.; - True 2-unit property with approximately 2,638 sq. ft. of living space, offering spacious accommodations.
    (207) 629-9211
    Request Owner's contact information
    40 Winter St Waterville, ME 04901
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    Waterville, ME 04901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 Winter St Waterville, ME 04901
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