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162 College Avenue

Waterville, ME 04901
  • $419,999
  • STATUS: Active
  • MLS #: 1529365
UPDATED: 57 min ago
$419,999
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,026
    SQFT
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

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Description

This unique two-unit property provides many options for the right buyer. First unit is a 1,000 sqft, (CC recreational Cannabis zoned) commercial retail space, a half-bath, and an office area (potential income of $3000 a month or more). Currently, the retail space has a recreational Cannabis tenant. With a 60-day notice, the buyer could open their own business. The second unit is an upscale 4-bedroom, two full bath, 1.026 sqft residential unit (potential income of $1800 a month or more). Built-in 1920, this property sits on 0.2 acres. The building was completely renovated and ready for you to move in or purchase as an investment, potential income of $4,800.00 a month or more. Updates include a new furnace, new electrical, new heat pumps, a new shingled roof, a new heat pump water heater, kitchen & baths remodeled, and new upscale appliances are just a few of the updates made. A gas line has been run to the building but not connected into the building. It is a prime location on a busy major road with plenty of parking! Must be 21 years old with identification to enter the commercial space.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-07-05T23:47:41.487.
www.yoursouthernmaineagent.com/homes/129017737
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162 College Avenue Waterville, ME 04901

  • Price: $419,999
  • Status: Active
  • On Site: Days
  • Updated: 57 min ago
  • MLS #: 1529365
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2,026
SQFT
$207
$/SQFT
1920
Built
County:
Kennebec
Area:
Waterville
Property Description
This unique two-unit property provides many options for the right buyer. First unit is a 1,000 sqft, (CC recreational Cannabis zoned) commercial retail space, a half-bath, and an office area (potential income of $3000 a month or more). Currently, the retail space has a recreational Cannabis tenant. With a 60-day notice, the buyer could open their own business. The second unit is an upscale 4-bedroom, two full bath, 1.026 sqft residential unit (potential income of $1800 a month or more). Built-in 1920, this property sits on 0.2 acres. The building was completely renovated and ready for you to move in or purchase as an investment, potential income of $4,800.00 a month or more. Updates include a new furnace, new electrical, new heat pumps, a new shingled roof, a new heat pump water heater, kitchen & baths remodeled, and new upscale appliances are just a few of the updates made. A gas line has been run to the building but not connected into the building. It is a prime location on a busy major road with plenty of parking! Must be 21 years old with identification to enter the commercial space.
Exterior Features

Color Tan Construction Wood Frame Driveway Common Exterior Vinyl Siding Foundation Materials Poured Concrete Parking 11 - 20 Spaces Roads PavedPublic Site Level Vehicle Storage No Vehicle Storage Water Info Water Frontage No Water Info Water View No

Interior Features

Basement Full Floors Laminate Units Number Of1 Bd Units 1 Units Number Of2 Bd Units 0 Units Number Of3 Bd Units 0 Units Number Of4 Or More Bd Units 1

Property Features

Amenities PorchPorch-Screened Cooling Heat Pump Electric Circuit Breakers Full Tax Amount Amount 1839.00 Gas Natural - At Street Heat Fuel ElectricGas Natural Heat System ForcedHeat PumpHot AirMulti-Zones Leased Land No Location Business DistrictNear ShoppingNear Turnpike/Interstate Lot 144 Seasonal No Sewer Public Sewer Sqft Finished Above Grade 2026.00 Sqft Finished Below Grade 0.00 Sqft Source Public Records Style Multi-Level Surveyed Unknown Tax Year 2021 Water Public Zoning Cc Zoning Overlay Unknown

Listing provided courtesy of Keller Williams Realty.

© 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-07-05T23:47:41.487.
 
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Keller Williams Realty
50 Sewall Street
Portland ME, 04102
Mortgage Calculator tool is provided by BoomTown.