2 Carey Ct
Waterville, ME 04901
- 5 Beds
- 2 Baths
- 1,570 sqft
5 Beds
2 Baths
1,570 sqft
Local Information
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Description
Updated, energy efficient, cash flowing 2-unit for sale on Carey Ct. in Waterville Maine. Priced rock bottom. We are not willing to go any lower as we've already reduced the asking price by almost 50%.
$17,000 annual rental income. Has cash flowed $9,000-$10,000 per year.
Apt #1: 2BR $695 heat, hw, elec inc.
Apt #2: 3BR $735 heat only inc.
Building is in great shape. No lawn to mow, updated heating system, vinyl siding, fully weatherized via Efficiency Maine. One boiler, 2 elec. hot water heaters so tenants can pay own hot water. Very simple "turn key" property. Owners retiring.
11% CAP RATE
44% Return on investment
(assuming 25% down payment, 20 year loan, and reasonable income and expense projections)
Improvements & Features
Efficiency Maine energy audit and upgrades
Pensotti direct vent boiler (2010)
2 electric hot water heaters (tenants each have their own)
Spray foamed entire basement & sealed floor
Caulk and sealed all seams throughout the house, tested with blower door
12-14 inches insulation in attic
Updated bathrooms with fiberglass shower / tubs, newer toilets and sinks
Washer / dryer hookups in both apartments
Vinyl and luxury plank vinyl flooring and paint throughout #2. (some older flooring in Kitchen and bathroom #1)
Apartments: One 2 BR apt (Master bedroom has a little "nursery" or dressing room, with built in bureaus and closets.) and one 3 BR apt. Rents are 695 everything included for the 2 BR and 695 heat inc. for 3 BR.
$78,000 absolute rock bottom (was asking 139,000)
Sellers would like to retire and sell all single and multi family properties. See www.realestateme.com for more information. Letter of credit or proof of funds needed for showing.
$17,000 annual rental income. Has cash flowed $9,000-$10,000 per year.
Apt #1: 2BR $695 heat, hw, elec inc.
Apt #2: 3BR $735 heat only inc.
Building is in great shape. No lawn to mow, updated heating system, vinyl siding, fully weatherized via Efficiency Maine. One boiler, 2 elec. hot water heaters so tenants can pay own hot water. Very simple "turn key" property. Owners retiring.
11% CAP RATE
44% Return on investment
(assuming 25% down payment, 20 year loan, and reasonable income and expense projections)
Improvements & Features
Efficiency Maine energy audit and upgrades
Pensotti direct vent boiler (2010)
2 electric hot water heaters (tenants each have their own)
Spray foamed entire basement & sealed floor
Caulk and sealed all seams throughout the house, tested with blower door
12-14 inches insulation in attic
Updated bathrooms with fiberglass shower / tubs, newer toilets and sinks
Washer / dryer hookups in both apartments
Vinyl and luxury plank vinyl flooring and paint throughout #2. (some older flooring in Kitchen and bathroom #1)
Apartments: One 2 BR apt (Master bedroom has a little "nursery" or dressing room, with built in bureaus and closets.) and one 3 BR apt. Rents are 695 everything included for the 2 BR and 695 heat inc. for 3 BR.
$78,000 absolute rock bottom (was asking 139,000)
Sellers would like to retire and sell all single and multi family properties. See www.realestateme.com for more information. Letter of credit or proof of funds needed for showing.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 2 Carey Ct
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Interior Details BasementNumber of Rooms: 9Types of Rooms: Walk In Closet |
Heating & Cooling Heating: Baseboard, Oil, OtherHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2Floors: Carpet, Laminate, Linoleum Vinyl |
Appliances & Utilities Cable ReadyRefrigerator |
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Exterior Home Features Roof: MetalExterior: Vinyl |
Parking & Garage Parking Spaces: 2Parking: Off Street |
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Year Built Year Built: 1930Year Updated: 2009 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 2 |
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Lot Area: 2613 sqft |
Price History for 2 Carey Ct
| Date | Price | Event | Source |
|---|---|---|---|
| 03/24/2021 | ListingRemoved | N/A | |
| 07/24/2017 | $700 | ListingRemoved | N/A |
| 07/20/2017 | $700 | Listed For Rent | N/A |
| 07/19/2017 | $78,000 | ListingRemoved | N/A |
| 04/03/2017 | $78,000 | Listed For Sale | N/A |
| 03/03/2017 | $695 | ListingRemoved | N/A |
| 01/31/2017 | $695 | Listed For Rent | N/A |
| 10/20/2016 | $78,500 | ListingRemoved | N/A |
| 08/21/2016 | $78,500 | Listed For Sale | N/A |
| 04/08/2016 | $78,500 | ListingRemoved | N/A |
| 12/27/2015 | $78,500 | PriceChange | N/A |
| 11/13/2015 | $80,000 | PriceChange | N/A |
| 10/26/2015 | $139,000 | Listed For Sale | N/A |
| 03/25/2013 | $695 | ListingRemoved | Agent Provided |
| 03/11/2013 | $695 | Listed For Rent | Agent Provided |
| 12/03/2012 | $695 | ListingRemoved | Agent Provided |
| 11/15/2012 | $695 | Listed For Rent | Agent Provided |
| 05/18/2012 | $68,500 | ListingRemoved | N/A |
| 02/11/2012 | $68,500 | Listed For Sale | N/A |
| 04/19/2011 | $620 | ListingRemoved | Agent Provided |
| 04/06/2011 | $620 | Listed For Rent | Agent Provided |
| 07/10/2010 | $28,000 | ListingRemoved | Agent Provided |
| 05/30/2010 | $28,000 | PriceChange | Agent Provided |
| 04/24/2010 | $34,000 | PriceChange | Agent Provided |
| 04/18/2010 | $0 | Listed For Sale | Agent Provided |
Market trends in Waterville
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
37
5MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,314 |
| Assessment | $65,700 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$1,489/mo
Homes for rent near 2 Carey Ct
See what comparable homes in the neighborhood are renting for.Comparable Sales for 2 Carey Ct
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Multi-Family Home | $175,000 | 05/16/26 | 4 | 2 | 1,690 | |
0.12 | Multi-Family Home | $240,000 | 12/29/25 | 5 | 2 | 1,404 | |
0.19 | Multi-Family Home | $160,000 | 10/01/25 | 4 | 2 | 1,190 | |
0.24 | Multi-Family Home | $199,000 | 10/31/25 | 4 | 2 | 1,680 | |
0.17 | Multi-Family Home | $130,000 | 06/18/25 | 3 | 2 | 1,602 | |
0.18 | Multi-Family Home | $130,000 | 10/28/25 | 5 | 2 | 2,305 | |
0.35 | Multi-Family Home | $273,000 | 06/01/26 | 5 | 2 | 2,250 | |
0.25 | Multi-Family Home | $310,000 | 07/14/25 | 6 | 2 | 1,960 | |
0.06 | Multi-Family Home | $191,500 | 06/27/25 | 4 | 3 | 2,798 | |
0.27 | Multi-Family Home | $275,000 | 11/18/25 | 4 | 2 | 1,814 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2 Carey Ct.
What Locals Say about Waterville
At least 113 Trulia users voted on each feature.
84 % Say parking is easy
81 % Say it's dog friendly
79 % Say car is needed
73 % Say there's holiday spirit
73 % Say yards are well-kept
70 % Say kids play outside
69 % Say it's walkable to restaurants
68 % Say it's walkable to grocery stores
62 % Say there are sidewalks
58 % Say people would walk alone at night
53 % Say streets are well-lit
51 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
47 % Say it's quiet
39 % Say there's wildlife
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 2 Carey Ct
Off Market Homes Near 2 Carey Ct
2 Carey Ct, Waterville, ME 04901 is a 5 bedroom, 1 bathroom, 1,570 sqft multi-family built in 1930. This property is not currently available for sale. The current Trulia Estimate for 2 Carey Ct is $154,000.

