About this home
INVESTORS TAKE NOTE! Affordable 2-unit property in Waterville offering flexibility for both owner-occupants and investors. Previously owner-occupied, the vacant first-floor unit provides an opportunity to move in while receiving rental income from the occupied upstairs unit. For investors, renting both units could provide two sources of rental income. Please note income reflex only the upstairs unit and the expenses are estimated. The first-floor unit features 3 bedrooms and 1 bath, while the upstairs unit offers 2 bedrooms. Two porches provide additional outdoor space, and off-street parking adds everyday convenience. Enjoy an in-town location within walking distance of the Alfond Youth & Community Center, offering pools, a playground, courts, and recreation opportunities. Downtown Waterville restaurants, shopping, and local amenities are also just a short distance away. Whether you are a first-time buyer interested in rental income potential or an investor looking to add a value-add multi-unit property to your portfolio, this Waterville 2-unit offers an affordable opportunity with room to build equity and make it your own.
Listing last checked: Listing updated:
Listed by Listing Agent · OWN REAL ESTATE · MLS #1680008
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Details at a glance
Interior4 property facts
- Heating
- Oil, Baseboard, Forced Air, Hot Water
- Cooling
- None
- Flooring
- Carpet, Vinyl, Wood
- Fireplaces
- 0
Building4 property facts
- Style
- Other
- Year built
- 1930
- Foundation
- Brick/Mortar
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.12 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RB
Financial2 property facts
- Annual taxes
- $2,344
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $99,800 asking price. Adjust the assumptions to your situation.
Known monthly costs$700 / monthAdjust
- Principal & interest
- $505
- Property tax
- $195
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,344. 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 7 Elmwood Avenue
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Request a tour of 7 Elmwood 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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