Condo Investment Properties for Sale in Waterville, ME
32- 2 Bed
- 1 Bath
- 1122 sft
782- 2 Bed
- 2 Bath
- 936 sft
739- 2 Bed
- 1 Bath
- 936 sft
656- 2 Bed
- 1 Bath
- 1122 sft
Why Invest in Waterville, Maine?
Waterville condos offer compelling entry points for investors seeking moderate appreciation and steady rental demand. The city's median home price of $240K remains well below national averages, while the presence of Colby College and MaineGeneral Medical Center creates consistent tenant demand from students and young professionals. Recent price appreciation of 6.8% year-over-year demonstrates market momentum, and the compact, walkable downtown makes condos particularly attractive to renters valuing community and convenience. With cap rates supporting healthy cash flow and a competitive but manageable market, Waterville condos represent a balanced opportunity for portfolio diversification in Maine's emerging recovery market.
Frequently Asked Questions
Waterville offers affordable entry prices ($240K median), strong rental demand from Colby College and young professionals, and recent appreciation of 6.8% year-over-year. The city's walkable downtown and demographic profile (35%+ aged 18-34) create consistent tenant demand and competitive market conditions that support healthy cash flow.
Find Your Perfect Investment Property in Waterville, Maine
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