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+12074851105
Strategic Real Estate Corporation
1145 Waterville Rd, Skowhegan, ME 04976
- $492,500
- 4
- BA
- 3,400
- SqFt
Listing courtesy of Keller Williams Realty. jlaverdiere@gmail.com
Selling Office: Real Broker.- Sold Price
- $492,500
- List Price
- $550,000
- Status
- CLOSED
- Days on Market
- 17
- Closing Date
- May 15, 2026
- MLS#
- 1654902
- Subtype
- Multi-Family
- Style
- Cape Cod, Other, Ranch
- Year Built
- 1932
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,400
- Lot Size
- 108,900
- Acres
- 2.50
Property Description
Looking for a turnkey investment with strong cash flow and future upside? Welcome to 1145 Waterville Road in Skowhegan--a unique opportunity featuring one single-family home and three single-wide mobile homes all situated on a 2.5-acre lot. This property is already producing over $43,000 annually in net income, making it an excellent option for both seasoned investors and those looking to get started in real estate investing. All four units have been well maintained and thoughtfully updated over time. The current owners have taken pride in the property, completing renovations and improvements that allow the next owner to step in without the need for major work. Beyond the existing income, the property offers additional development potential with space available to add up to two more mobile homes, creating a clear path to increase cash flow and overall return. The setting provides a nice balance of privacy and accessibility, with easy access to town amenities while still offering a spacious, rural feel. Whether you're looking to expand your portfolio, live in one unit while collecting rent, or maximize future development potential, this property checks all the boxes. Opportunities like this--multiple units, solid condition, and built-in upside--don't come along often.
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Additional Information
- Interior Features
- First Floor Bedroom, Bathtub, One-Floor Living, Storage
- Taxes
- $3,408
- Property Description
- Cape Cod, Other, Ranch
- Zoning
- Mixed
- Flooring
- Carpet, Laminate
- Heating
- Kerosene, Oil, Forced Air
- Air Conditioning
- None
- Roof
- Metal, Shingle
- Foundation
- Gravel/Pad, Poured Concrete
- Parking Features
- Gravel
- Garage Spaces
- 2
- View
- Water
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Contact: jlaverdiere@gmail.com