Property Description

Incredible Investment Opportunity to turn this once 2 unit into your next income producing property. This home in offers beautiful Kennebec River views, a partially gutted interior down to the studs. This is a prime in-town location, creating a high-potential opportunity for contractors or investors to finish and add to their portfolio. Spacious and full of upsides, this property features potential six bedrooms and two full bathrooms, hardwood floors and flexible living space, supported by multiple monitor heaters and two heat pumps. Much of the interior has already been taken down to the studs, meaning a significant portion of demolition cost and labor is already complete, allowing the next owner to move directly into much of the rebuild phase. With great bones and a blank canvas, the layout presents strong potential for conversion into a two-unit property or a large single-family residence, depending on your vision. Enjoy stunning views of the Kennebec River with the ability to take in both sunrise and sunset, all while benefiting from a neighborhood setting close to everyday conveniences. The location offers walkable access to a playground, basketball court, community center, and boat landing, along with nearby shopping, parks, trails, and schools. Conveniently located near I95 and just minutes to Kennebec Valley Community College, Colby College, and Thomas College, plus Waterville's growing downtown. Being sold as-is, this is an ideal project for contractors or investors seeking a head start on a renovation with strong upside potential in a desirable Fairfield location. Also listed as Single Family MLS#: 1658997.

Property Features