Building Details:
• Year Built: 1910
77 Elm St is located in Waterville, ME.
Well maintained and long established 30 unit building situated in the downtown business district for Waterville. Long term management in place and very stable track record. Building has been upgraded and has vinyl replacement windows, newer twin piggy backed boilers, an older but well functioning Otis 6 stop elevator, hard wood floors and laundry facilities!
The property is on the fringe of the downtown Waterville district and it's central location provides its residents with an easy walk to downtown retailers and service providers.
The broker believes the building can generate greater income as many units are rented somewhat below market rates as many tenants have been in the building long term.
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