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987 Main Street, 
Vassalboro, ME 04989

$294,999


Bed


2

Baths


2,100

Sq Ft


Multi-Family

Pending

Signature Homes Real Estate Group, LLC.

Last updated:

July 27, 2026, 08:22 AM

MLS#

1667926

Source:

ME MREIS

About This Home

987 Main Street

Turnkey duplex with vacant units, updated systems, and tenant-paid utilities. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupancy opportunity, 987 Main Street offers flexibility, recent improvements, and rural charm in the heart of Vassalboro. This well-maintained brick duplex features two 2-bedroom, 1-bath units, both currently vacant and ready for immediate occupancy, allowing a new owner to establish market rents from day one or move right in. Recent improvements include a re-shingled roof and energy-efficient heat pumps that provide both heating and air conditioning. With heating costs now separately metered and paid directly by tenants, ownership is more efficient and operating expenses are reduced. Outside, the property offers ample parking, large private decks, and a spacious yard accented by mature fruit trees. Enjoy peaceful country views overlooking a neighboring field filled with seasonal lupines and grazing horses, creating a picturesque setting that feels worlds away while remaining conveniently located between Augusta and Waterville. With both units vacant, major system updates already completed, and strong rental or multigenerational living potential, this duplex presents a rare opportunity to secure a move-in-ready investment property in a desirable central Maine location.

Home Facts

Multi-Family

2 Baths

Built in 1900

Price Summary

294,999

$140 per Sq. Ft.

MLS #:

1667926

Last Updated:

July 27, 2026, 08:22 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Architectural Style:

Colonial

Building Area:

2,100 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

17,424


Finances & Disclosures

Finances

Price:

$294,999

Price per Sq. Ft:

$140 per Sq. Ft.

MLS Logo
MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.