1145 Waterville Road

Off Market

1145 Waterville Road

Skowhegan ME 04976

3400 sq. ft.

108900 sq. ft.

Multi-Family

Last sold for $492,500

Joshua LaVerdiere, last sold this property on 15 May 2026 after -111 days on market.

Overview

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.

Features

4 bathrooms

2 carspaces

2 garage spaces

3400 sq. ft. floor area

108900 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Skowhegan over the last 12 months, the estimated median property value of 1145 Waterville Road is $320k.

Median value

$320k

Estimated value range

$185k - $492.5k

Median days on market

Estimated value trend

54%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Skowhegan. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1145 Waterville Road

2026

Sold

$492,500

15 May 2026 by Joshua LaVerdiere, of Keller Williams Realty

Happy sellers in Skowhegan

We have insufficient information to provide an overview of customer satisfaction for Skowhegan. Viewing the agent profiles, reviews and sales for Skowhegan can provide insights for this location.

Local market activity for multi families in Skowhegan

In the last 12 months, 5 multi families similar to 1145 Waterville Road, have been sold.

This represents a 73% increase in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Skowhegan for a market analysis.

Cindy Powell

at Hearth & Key Realty

(111 reviews)

Get a market analysis

BART STEVENS

at Century 21 Nason Realty

Get a market analysis

Steve Roy

at Coldwell Banker Plourde Real Estate

Get a market analysis

Ida Earle

at REMAX At Home | Skowhegan

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Skowhegan

Cindy Powell

Sellers who recommend Cindy Powell have praised them for being local expert, responsive, clear communication, supportive, patient, dedicated, and well-prepared