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  • Price cut: $60.1K (7/16)
    $339,900

    4 Sherwin Street, Waterville, ME 04901

    8beds
    2,800sqft
    : 
    $2,270/mo
    Get pre-qualified
    Multi Family
    Built in 1935
    -- sqft lot
    $326,900 Zestimate®
    $121/sqft
    $-- HOA

    What's special

    3-unit investment opportunity in Waterville with all units vacant and ready for occupancy! A rare chance to set your own rents, choose your own tenants, or owner-occupy while generating rental income. Each apartment occupies its own private floor, offering an attractive layout with a 2-bedroom unit on the first floor and spacious 3-bedroom units on both the second and third floors. Major capital improvements have already been completed, including a new roof (2 years old), new furnace (Less than 2 years old), new oil tank in 2022, updated electrical panels, plumbing improvements, replacement windows, fresh interior paint, updated trim, cabinets, and flooring. Each unit features its own dedicated storage room located just outside the apartment at the end of the hallway. The full walk-in basement provides laundry hookups, ample utility/storage space, and easy access to building equipment for easy servicing. With strong rental potential, ongoing updates, and the flexibility of a completely vacant building, this well-maintained multi-family property is an outstanding opportunity for both seasoned investors and owner-occupants alike. Don't miss your chance to add a quality income-producing property to your portfolio. The seller is finishing up the final cosmetic touches to the building!
    27 days
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    283
    |
    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Hearth & Key Realty 2077133144

    Source: Maine Listings,MLS#: 1672190MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Baseboard
      Cooling
      • None
      Features
      • Flooring: Carpet, Laminate, Vinyl, Hardwood
      • Basement: Exterior Entry,Interior Entry,Walk-Out Access,Full,Brick/Mortar
      Interior area
      • Total structure area: 2,800
      • Total interior livable area: 2,800 sqft
      • Finished area above ground: 2,800
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, 5 - 10 Spaces, Off Street
      Features
      • Levels: Multi/Split
      Lot
      • Size: 4,791 Square Feet
      • Features: City Lot, Rolling Slope, Sidewalks
      Details
      • Parcel number: WAVLM044B267
      • Zoning: RC

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: New Englander
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Roof: Shingle
      Condition
      • Year built: 1935

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Waterville

      Financial & listing details

      • Price per square foot: $121/sqft
      • Tax assessed value: $94,500
      • Annual tax amount: $2,759
      • Date on market: 7/16/2026
      • Road surface type: Paved

        Estimated market value

        $326,900

        $311,000 - $343,000

        $1,313/mo

        Price history

        DateEventPrice
        7/16/2026Price change$339,900-15%$121/sqft
        Source: Maine Listings #1672190 Report a problem
        7/8/2026Listed for sale$400,000$143/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,890 +0.5%$94,500
        2023$1,881 +50.6%$94,500 +95.7%
        2022$1,249 +1.4%$48,300
        2021$1,232 $48,300
        2020$1,232 -1%$48,300
        2019$1,244 +1.9%$48,300
        2018$1,221 +8.3%$48,300
        2017$1,127 +2.4%$48,300
        2016$1,101 -29.3%$48,300 -13.8%
        2015$1,557 +1.5%$56,000
        2014$1,534 $56,000
        2013$1,534 +6.8%$56,000
        2012$1,436 +4.1%$56,000
        2011$1,380 +2.1%$56,000
        2009$1,352 -1%$56,000
        2008$1,366 -5.8%$56,000
        2006$1,450 $56,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 04901

        Getting around

        74 / 100
        Very Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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