NOT LISTED FOR SALE

24 Elm St Waterville, ME 04901

1 Bed
15 Baths
11,229 Sq Ft
10,454 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $1,000,000 $89 Per Sq Ft

126 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Porch
  • Main Floor Bedroom
  • No HOA
  • Double Pane Windows

About This Home

As of December 2023

Large Well maintained 15 unit apartment building
Good cash flow, Start your portfolio investment
here! Many large units. ample parking.
Centrally located.

Last Agent to Sell the Property

Francois Rodrigue

Keller Williams Realty Listed on: 06/27/2023

Keller Williams Realty

Last Buyer's Agent

Gesine Weller-Jett

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,052

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Fiberglass Roof
  • Clap Board Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 11,229 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 15 Full Bathrooms
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • Paved Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Porch

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number WAVL-000044-000000-000020

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Building Details

  • Operating Expense $81,566
  • Gross Income $181,896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,052

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: 0
  • Directions: Corner of Elm st and Western Ave
  • Above Grade Finished Sq Ft: 11229.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 15.0
  • Property Information:SqFt Finished Above Grade: 11229.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 15
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 181896.0
  • Income Expenses Operating Expenses: 81566.0
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Info:Island3: No
  • Equipment:DSL: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 15
  • Fireplace: No
  • Flooring: Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Fiberglass, Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Paved

Utilities

  • Security: Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Waterville Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: WAVL-000044-000000-000020
  • Zoning: RD

Multi Family

  • Number Of Units Total: 15
  • Annual Gross Income: 181896.0
  • Annual Operating Expense: 81566.0

Tax Info

  • Tax Annual Amount: 7052.0
  • Tax Block: 0
  • Tax Book Number: 14337
  • Tax Lot: 20
  • Tax Map Number: 44
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $1,000,000 -20.0% $89 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $1,250,000 -- $111 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1555743

Maine Listings