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Property profile & analytics
FOR SALE
Duplexes

4 Pare St Waterville, ME 04901

1,704 SF Built 1900
Property ID
US42-0008360
Property summary
AI-generated overview

Have you been looking for an income producing 2 unit on a quiet dead-end road? If so, this could be the one you have been waiting for. Currently owner occupied, this property will be vacant upon sale, making it perfect for an owner occupant who wants to live in one unit and choose their own tenant for the other unit to help offset the mortgage. Both units feature identical layouts with 3 bedrooms each, offering spacious and practical living arrangements. Each unit also has its own propane Rinnai heating source for efficient and separate utilities. The property has seen several recent updates over the past few years, including a new monitor heater, new roof, rebuilt back porch, paved driveway, new garage with electricity and heat, and a new storage shed. Outside, you will also find a fenced in backyard perfect for pets, children, or enjoying outdoor space privately. The garage and shed provide great added storage or potential for additional rental value. Located in a quiet walking neighborhood on a dead-end road, yet only minutes to downtown Waterville, the highway, hospital, and local colleges. Multi-family properties in this price range do not usually last long. Don't miss this opportunity to set yourself up for years to come

Property profile
Verified
Property type Duplexes
Year built 1900
Total area 1,704 SF
UPID US42-0008360
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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