Waterville, ME 04901
Baths
4
Square Ft.
4,172
$165,000
Opportunity Zone 4 unit property with strong value add potential in Waterville's growing downtown market. Featuring two 2 bedroom units and two 1 bedroom units, this property offers a great opportunity for investors looking to capitalize on future upside. The building needs significant renovation but has several important improvements already in place. The roof is in good shape, natural gas has been brought to the property, and the electrical service has been recently upgraded with 5 new meters and panels, making utility separation much easier. A strong candidate for redevelopment or repositioning in one of Waterville's most promising areas.
Market LogoCourtesy of New England Realty Group LLC 207-289-2336
Listing Snapshot
Days Online
67
Last Updated
Full Baths
4
Square Ft.
4,172
Lot Size
0.16 Acres
Year Built
1914
MLS Number
1654564
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Bulkhead", "Full"
Building
Architectural Style: "Other", Building Area Total: 4,172, Construction Materials: "Wood Frame", "Composition", "Vertical Siding", Number Of Units Total: 4, Year Built: 1914, 2 stories
Cooling
Cooling: "None"
Accessibility Features
Accessibility Features: "32 - 36 Inch Doors"
Expenses
Operating Expense: $0
Floors
Flooring: "Hardwood", "Other", "Vinyl", "Wood"
Foundation
Foundation Details: "Block", "Brick/Mortar", "Poured Concrete"
Heating
Heating: "Gas Natural", "No Heat System", Heating Included
Income
Gross Income: $0
Lot
Features: "Level", "Sidewalks", "Intown", "Near Shopping", 0.16 acres, Area: 0.16, 6,970 square feet
Parking
Features: "Gravel", "1 - 4 Spaces"
Pets Policy
Pets Allowed: "No Restrictions"
Property
Parcel Number: WAVL-000044-000000-000090, Zoning: RD
Roof
Roof: "Fiberglass", "Metal", "Pitched"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $1,256, Tax Lot: 90
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04901
$286k
+17%
(avg) sold price
29
+31%
homes sold
48
-31%
(avg) days on market
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Fred Andrews
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.