About this home
Turn-key Waterville investment with owner support built in. Three fully renovated, furnished apartments already generating $63,000+ in gross annual income as an established short-term rental business, with the current owners ready to hand you the playbook. New to STR? They'll walk you through the operation, booking systems, guest communication, pricing strategy, and pass along their trusted cleaner and existing operational resources, so you're not starting from zero. Experienced investor? Step into cash flow on day one. Prefer long-term tenants or owner-occupancy? The flexibility is built in. Recent updates include new kitchens, bathrooms, flooring, and in-building laundry, and each unit is self-check-in ready with smart locks and furnishings already in place. Strong guest reviews and repeat bookings reflect steady demand from nearby colleges, a hospital, and business travelers. Five-minute walk to Main Street, five to Colby College. Rarely does a proven income property come with this much built-in support.
Listing last checked: Listing updated:
Listed by Listing Agent · EXP Realty · MLS #1670280
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Details at a glance
Interior3 property facts
- Heating
- Electric, Oil, Baseboard, Forced Air, Zoned
- Cooling
- None
- Flooring
- Wood, Vinyl
Building5 property facts
- Style
- Other
- Year built
- 1900
- Garage
- 0
- Foundation
- Stone
- Roof
- Metal, Shingle
Land & utilities5 property facts
- Lot size
- 0.4 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- RD
Financial2 property facts
- Annual taxes
- $3,221
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $389,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,240 / monthAdjust
- Principal & interest
- $1,972
- Property tax
- $268
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,221. 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 34 Western Avenue
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Request a tour of 34 Western Avenue and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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