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    90 Elm St & Pico Ter Waterville, ME 04901

    New
    For Sale
    $1,195,000

    MULTI_FAMILY - Other - Waterville, ME

    Property size:
    10,868 SF
    Lot size:
    0.56 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 90 Elm St & Pico Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CA
    Rooms
    Bathroom 3, Bathroom 5, Bathroom 7, Bathroom 8, Bathroom 13, Basement, Bathroom 1, Bathroom 12, Bathroom 2, Bathroom 10, Bathroom 11, Bathroom 4, Bathroom 6, Bathroom 15, Bathroom 14, Bathroom 9
    Basement
    Full, Unfinished
    Size
    10,868 SF
    Lot size
    0.56 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    3
    Number of units
    15
    Flooring type
    Vinyl, Carpet
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other

    Coldwell Banker Plourde Real Estate (207) 872-7650 [email protected]

    Listing agent Donald Plourde (207) 872-7650

    Listing date Dec 8, 2025

    MLS# 1645870 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

    Waterville Multifamily Investment Opportunity

    This property presents an investment opportunity with 15 units situated near downtown Waterville. The property comprises three separate buildings: one with 10 units located on Elm Street, and two buildings on Pico Terrace, containing 2 and 3 units respectively. The property has a strong rental history. The lot size is 0.56 acres. The property size is 10868 square feet and is zoned CA.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.632463
    Latitude
    44.552171

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    FAQs

    What type of property is this?
    Apartment building - 15 units in 3 buildings near downtown Waterville.
    Where is this apartment building located?
    The property is located at 90 Elm St & Pico Ter Waterville, ME.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - 15 Units Total: Substantial investment property with significant income potential.; - Prime Location: Steps from downtown Waterville, offering convenient access to amenities.; - Strong Rental History: Proven track record of successful tenant occupancy.
    (207) 872-7650
    Request Owner's contact information
    90 Elm St & Pico Ter 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
    90 Elm St & Pico Ter Waterville, ME 04901
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