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Bean Group
Offered at $374,900Pending
beds
—
baths
2
sq ft
2,562
Built
1914

881 Main Street

Waterboro, ME 04087

About this home

Never before offered on the market! This well-maintained duplex presents an exciting opportunity for both investors and owner-occupants. Each spacious unit features 3 bedrooms, 1 full bathroom, a classic farmers porch, attic access, laundry hookups, and completely separate utilities—making ownership and management that much easier. Full of old-time charm and character, the property has also benefited from important updates and continued maintenance over the years. Major improvements include newer heating systems, a roof replaced in 2008, a septic system installed in 1991, and electrical and plumbing updates where needed. Whether you're looking to owner-occupy one unit while generating rental income from the other or add a solid multi-unit property to your investment portfolio, this property offers plenty of potential. Conveniently located in town with shopping, dining, and everyday necessities close by, while still offering easy access to surrounding areas. Less than 45 minutes to Portland, approximately 25 minutes to Biddeford, and under 1 hour and 45 minutes to Boston. A rare opportunity with flexibility, character, and income potential—ready for its next chapter!

Listing last checked: Listing updated:

Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1679974

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Details at a glance

Interior4 property facts
Heating
Oil, Baseboard, Hot Water
Cooling
None
Flooring
Hardwood, Linoleum
Fireplaces
0
Building5 property facts
Style
Duplex
Year built
1914
Garage
0
Foundation
Block, Stone, Other
Roof
Shingle
Land & utilities5 property facts
Lot size
0.63 acres
Water
Public
Sewer
Private Sewer, Septic Tank
Waterfront
Y
Zoning
Village
Financial2 property facts
Annual taxes
$3,879
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $374,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,219 / monthAdjust
Principal & interest
$1,896
Property tax
$323
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,879. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 881 Main Street

Can I request a private showing?

Request a tour of 881 Main Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.