90 Elm Street & Pico Terrace, Waterville, ME 04901

$1,195,000
Property Type: Multi-Family Baths: 15 Square Footage: 10,868 Lot Size (sq. ft.): 24,394 Status: Active
Current Price: $1,195,000 List Date: 12/08/2025 Last Modified: 12/16/2025

Description

Great investment opportunity! 15 units, steps from downtown Waterville. Property has 3 separate buildings (10 Units - Elm Street, 2 Units - Pico Terrace, 3 Units - Pico Terrace). Strong rental history!

Supplements: ********

More Information MLS# 1645870

Location Information

Book: 12785 Leased Land: No Page: 148 Map: 48 Lot: 248 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 90 Street Name: Elm Street & Pico Street Type: Terrace County: Kennebec Town: Waterville State/Province: ME Zip Code: 04901 Zoning: CA Full Tax Amount $: 12397 Tax Year: 2025 Geo Lat: 44.552178 Geo Lon: -69.632465

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 15 Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown 2 Detached Houses on 1 Lot: Yes Lot Size Acres +/-: 0.56 Total Baths: 15 Total Half Baths: 0 Color: Yellow/White SqFt Finished Above Grade: 10868 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Total Full Baths: 15 Year Built: 1890 SqFt Finished Total: 10868 Source of Acreage: Public Records

Site

Level: 1

Location

Intown: 1

Roads

Paved: 1 Public: 1

Transportation

Major Road Access: 1

Water Info

Water Frontage: No Water View: No

Style

New Englander: 1

Construction

Wood Frame: 1

Basement

Full: 1 Unfinished: 1

Foundation Materials

Brick/Mortar: 1 Other: 1

Exterior

Vinyl Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Hot Water: 1

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 3 # Water Heaters: 3

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 0 Operating Expenses: 0

Cooling

None: 1

Floors

Carpet: 1 Vinyl: 1

Units

# of 1 BD Units: 13 # of 2 BD Units: 2

Parking

11 - 20 Spaces: 1

Unit 1

Lease: Yes Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: Second Security Deposit: No Monthly Rent: 896 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 650 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

No Gas: 1

Unit 4

Lease: Yes Level: First Security Deposit: No Monthly Rent: 800 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Unit 5

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 0 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Unit 6

Lease: No Level: First Security Deposit: No Monthly Rent: 946 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 7

Lease: Yes Level: Second Security Deposit: No Monthly Rent: 896 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 8

Lease: Yes Level: Third Security Deposit: No Monthly Rent: 822 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 9

Lease: Yes Level: First Security Deposit: No Monthly Rent: 896 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 10

Lease: Yes Level: Second Security Deposit: No Monthly Rent: 896 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 11

Lease: Yes Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 12

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1150 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 13

Lease: Yes Level: First Security Deposit: No Monthly Rent: 896 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 14

Lease: Yes Level: First Security Deposit: No Monthly Rent: 875 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 15

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 896 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Driveway

Paved: 1

Basement Entry

Exterior Only: 1 Interior: 1

Water Heater

Off Heating System: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 1195000 List Price: $1,195,000 Current Price: $1,195,000

Property Features

Site: Level Location: Intown Roads: Paved; Public Transportation: Major Road Access Style: New Englander Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Exterior Only; Interior Foundation Materials: Brick/Mortar; Other Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Carpet; Vinyl Driveway: Paved Parking: 11 - 20 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

Documents

Listing Office: Coldwell Banker Plourde Real Estate
IDX
Last Updated: December - 16 - 2025
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