Augusta/Waterville/Winslow/Fairfield Rental Market

[Aaron Foye]

I was hoping someone could shed some light on the current status of the rental market in the Augusta/Waterville/Winslow/Fairfield area.  Since reasonably priced triplexes or greater seem to be getting hard to come by in the greater Bangor area, I've expanded my search south a ways and found there to be a bunch of multi's coming on the market in the Augusta area priced pretty reasonably.  Every seller claims to have "great rental history" and "low vacancy rates"  but I am wondering if this is true in an area with a declining population and what seems to be a saturation of multi units on the market..  If any investors or residents of the area could provide some insight it would be greatly appreciated!

[Amy A.]

Be careful of anything in Augusta. Check with code enforcement. They are forcing landlords out of business, so make sure there are no outstanding violations and that it's been inspected recently.