Multi Family Investment Properties for Sale in Waterville, ME
326- 4 Bed
- 2 Bath
- 1749 sft
364- 4 Bed
- 3 Bath
- 3566 sft
619- 3 Bed
- 2 Bath
- 1300 sft
772- 4 Bed
- 2 Bath
- 1824 sft
Why Invest in Waterville, Maine?
Multi-family properties in Waterville, ME offer strong investment potential driven by steady rental demand from students and healthcare workers. Colby College and MaineGeneral Medical Center create consistent occupancy needs. Affordable entry prices around $240K support solid cash flow opportunities. Recent market appreciation of 1.8% combined with low vacancy supports reliable returns. Investor-friendly zoning encourages multi-unit conversions and expansions.
Frequently Asked Questions
Strong demand from Colby College students and MaineGeneral workers ensures high occupancy. Affordable purchase prices around $240K deliver solid cap rates of 6-7%. Investor-friendly regulations support conversions for higher yields.
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