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Triplex with Newer Roof
For Sale
$219,900

8 High St, Waterville, ME 04901

Two two-bedroom apartments and one one-bedroom unit provide a varied residential configuration.

Property Size2,214 SF
Price / SF$99.32
Days on Market87

Property Features for 8 High St

General Information

Standard status Active
Size 2,214 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR, 1 x 1BR
Multifamily Units 3

Building Details

Year Built 1938
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: Renee Roy
Source: Soldbymichaelthomas
Added: Jul 21 Changed: Oct 3 Last Checked: Oct 7 at 2:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes & Gardens Real Estate/The Masiello Group

Investment Insights

Based on property information with market context.

This 2,214-square-foot triplex, built in 1938, contains three residential units with a practical mix of layouts. Two apartments offer two bedrooms each, while the third is a one-bedroom unit. The property also features newer roof shingles and a newer boiler.

Located at 8 High St in Waterville, the property is within walking distance of a local elementary school and other town amenities. Its unit mix provides distinct options for households seeking either two-bedroom or one-bedroom living arrangements.

Key Highlights

  • Three‑unit triplex with two 2‑bedroom apartments and one 1‑bedroom unit
  • 2,214 square feet of residential space
  • Newer roof shingles and boiler

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Storage Facility Real Estate Agency Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

412
Businesses Nearby

Demographics for 04901, ME

26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Two two-bedroom apartments and one one-bedroom unit provide a varied residential configuration.
Where is this triplex located?
The property is located at 8 High St Waterville, ME.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Three‑unit triplex with two 2‑bedroom apartments and one 1‑bedroom unit; 2,214 square feet of residential space; Newer roof shingles and boiler
More about this property
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