10 Gray Street, Waterville, ME 04901
Kennebec County
Key Facts
Description
Investors take notice -- this 4-unit property offers strong potential for both new and seasoned investors alike. Conveniently located just minutes from downtown Waterville, tenants will enjoy quick access to shopping, restaurants, and everyday essentials. The property offers the opportunity to generate consistent rental income while building long-term equity in one of Central Maine's growing rental markets. Whether you're looking to expand your portfolio, owner-occupy while collecting rental income, or secure your first multifamily investment, this property checks all the boxes. With its desirable location, income-producing potential, and proximity to local amenities, this is an opportunity you won't want to miss.
Property Information
Property Type
Residential Income
Style
New Englander
Year Built
1900
Living Area
2,250 sq ft
Lot Size
0.13 acres
Garage Spaces
1
Zoning
RC
MLS® Listing#
1664011
Property Features
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$3,002
Tax year 2025
Parcel Number
WAVL-000039-000000-000240
Directions
GPS Friendly
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Waterville, ME
- $280,000
- Median Listing Price
- 70
- Median Days on Market
- 1,866
- Median Sq Ft
- $142
- Median Price / Sq Ft
- 88
- Active Listings
- This home’s price is 11% below the area median.
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Waterville, ME.
Location
Points of Interest in Waterville, ME
Showing the Waterville area map.
Nearby Schools
Albert S Hall School
Elementary · 0.5 mi away
Waterville Senior High School
Secondary · 0.8 mi away
Mid-Maine Regional Adult Community Education
School · 0.8 mi away
Mid-Maine Technical Center
School · 0.8 mi away
Winslow High School
Secondary · 1.0 mi away
Winslow Public Schools
School · 1.1 mi away
Winslow Elementary School
Elementary · 1.2 mi away
Mount Merici Academy
School · 1.2 mi away
Waterville Junior High School
Secondary · 1.5 mi away
George J Mitchell School
Elementary · 1.6 mi away
Kennebec Montessori School
Elementary · 3.3 mi away
Maine School Administrative District 49
School · 3.6 mi away
Lawrence High School
Secondary · 3.6 mi away
Fairfield Primary School
Elementary · 3.7 mi away
Messalonskee Middle School
Secondary · 4.0 mi away
Williams Elementary School
Elementary · 4.1 mi away
Messalonskee High School
Secondary · 4.1 mi away
Ralph M Atwood Primary School
Elementary · 4.2 mi away
Benton Elementary School
Elementary · 4.3 mi away
Regional School
School · 4.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3 Industrial Road, Waterville, ME | $175,000 | — | — | — |
| 1 #1 Industrial Road, Waterville, ME | $175,000 | — | — | — |
| 45 Water Street, Waterville, ME | $175,000 | — | — | 13,793 |
| 1 #1 Industrial Road, Waterville, ME | $175,000 | — | — | — |
| 3 Industrial Road, Waterville, ME | $175,000 | — | — | — |
| 2 Industrial Road, Waterville, ME | $175,000 | — | — | — |
