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    Duplex with Separate Living Areas Title is generated by Realmo AI

    6 High Street, Waterville, ME 04901

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    Claim this Listing
    For Sale
    $325,000

    MULTI_FAMILY - Waterville, ME

    Property size:
    1,815 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $179/SF
    Added:
    Jun 1, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 13 at 10:06 pm

    Property Features for 6 High Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RB
    Bathrooms
    2
    Rooms
    Bathroom 2, Basement, Bathroom 1
    Patio and Porch features
    Porch
    Pets allowed
    No
    Interior features
    In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, Shower
    Fencing
    Fenced
    Basement
    Unfinished, Full, Walk-Out Access
    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
    Heat Pump (Heating), Electric (Heating), Other (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

    We can help!

    Listing Contact
    Francois Rodrigue

    Listing agent Francois Rodrigue

    Listing office Keller Williams Realty 23 Water Street Ste 402, Portland, ME

    Listing date Jun 1, 2026

    MLS# 1664860 Listing URL

    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.

    HighLights

    • 2‑unit property with an in‑law apartment and 1st floor bedroom
    • Year built 1900 with wood frame construction and vinyl siding
    • Heat pump cooling plus multiple heating sources, including electric, propane, and heat pump
    • Roof features shingle and metal roofing
    • Public water and public sewer
    • Fenced property with a porch and an attic; flooring includes wood, vinyl, and carpet

    Overview

    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.

    Local 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 (±1% cap)
    NOI $20,269 @ 7.0% cap · market cap 6.24%
    Second Best
    Apartment 5plus
    $252.6K
    $221.0K – $294.7K (±1% cap)
    NOI $17,681 @ 7.0% cap · market cap 5.44%
    Theoretical Best
    Warehouse
    $2.71M
    $2.37M – $3.16M (±1% cap)
    NOI $189,546 @ 7.0% cap · market cap 58.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.62688
    Latitude
    44.562182

    FAQs

    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 an in‑law apartment and 1st floor bedroom; Year built 1900 with wood frame construction and vinyl siding; Heat pump cooling plus multiple heating sources, including electric, propane, and heat pump
    More about this property
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