Duplex with Separate Living
6 High Street Waterville, ME 04901
For Sale
$325,000
MULTI_FAMILY - Waterville, ME
Property Size1,815 SF
Lot Size0.20 Acres
Price / SF$179.06
Days on Market59
Property Features for 6 High Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Basement
Patio and Porch features
Porch
Pets allowed
No
Interior features
In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, Shower
Fencing
Fenced
Basement
Walk-Out Access, Unfinished, Full
Standard status
Active
Size
1,815 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3218
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Other (Heating), Heat Pump (Heating), Propane (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1900
Number of units
2
Flooring type
Wood, Vinyl, Carpet
Building materials
Wood Frame, Asbestos, Vinyl Siding
Roof type
Metal, Shingle
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Francois Rodrigue
(207) 873-9013
Added: Jun 1
Changed: Jul 28
Last Checked: Jul 29 at 12:06AM
MLS# 1664860
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit duplex provides separate living areas designed for added privacy and day-to-day flexibility. The configuration supports an income-focused setup through one unit while preserving space that can be used for family or additional guest use.
The property is located close to local amenities, including shopping, restaurants, and schools. With convenient access to everyday services, it can appeal to owner-occupants and investors looking for a manageable, two-living-area layout.
For buyers seeking an adaptable residential income property, the separate living spaces can help accommodate different occupancy arrangements. Whether you plan to operate both units as rentals or keep one unit while using the other for personal needs, the property’s two-unit design is the core feature driving its versatility.
The property is located close to local amenities, including shopping, restaurants, and schools. With convenient access to everyday services, it can appeal to owner-occupants and investors looking for a manageable, two-living-area layout.
For buyers seeking an adaptable residential income property, the separate living spaces can help accommodate different occupancy arrangements. Whether you plan to operate both units as rentals or keep one unit while using the other for personal needs, the property’s two-unit design is the core feature driving its versatility.
Key Highlights
- 2‑unit property with separate living area for added privacy and versatility
- Includes in‑law apartment and 1st floor bedroom for flexible living arrangements
- Year built 1900 with wood frame construction, vinyl siding, and asbestos noted
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.4k | $16.20 |
| − Vacancy | −$447 | −$0.25 |
| EGI | $29.0k | $15.95 |
| − OpEx | −$8.7k | −$4.79 |
| NOI | $20.3k | $11.17 |
1,815 SF · lease $16.20/SF/yr · vacancy 1.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$252.6K
$221.0K – $294.7K
NOI $17,681 @ 7.0% cap · market cap 5.44%
Theoretical Best
Warehouse
$2.71M
$2.37M – $3.16M
NOI $189,546 @ 7.0% cap · market cap 58.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex offers separate living areas for flexible rental income or additional guest space.
Where is this duplex located?
The property is located at 6 High Street Waterville, ME.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2‑unit property with separate living area for added privacy and versatility; Includes in‑law apartment and 1st floor bedroom for flexible living arrangements; Year built 1900 with wood frame construction, vinyl siding, and asbestos noted
