NOT LISTED FOR SALE

271 Main St Waterville, ME 04901

5 Beds
5 Baths
4,162 Sq Ft
0.29 Acres

Last Sold October 06, 2020

Last sale price $95,000 $23 Per Sq Ft

9 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Hot Water Heating System
  • Victorian Architecture
  • Landscaped
  • 3-minute walk to Waterville Parks & Recreation

About This Home

As of October 2020

A great opportunity to own an affordable five unit building and build equity. Currently occupied. New boiler, heat pump hot water heater and recent separate heat sources in each unit. Two units have had recent improvements. The lot offers plenty of parking and a one car garage for added storage. This building has tons of potential and room for rents to grow. Don't miss this opportunity.

Last Agent to Sell the Property

Joel Alexander

NextHome Northern Lights Realty Listed on: 08/24/2020

NextHome Northern Lights Realty

Co-Listed By

Ben Grant

NextHome Northern Lights Realty

Last Buyer's Agent

Jordan Stolt

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Open Lot

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 5 Full Bathrooms
  • 4,162 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Location

  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 292
  • Assessor Parcel Number WAVL-000052-000000-000292

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $14,798
  • Gross Income $38,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Co List Office Mls Id: 1104
  • Co List Office Phone: 207-623-4182
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4162.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4162.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 38500.0
  • Income Expenses Operating Expenses: 14798.0
  • Exterior:Wood Siding: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Heat System:Radiator: Yes
  • Water Heater:Heat Pump2: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Flooring: Wood, Vinyl, Laminate, Composition, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Open Lot, Landscaped, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.4
  • Parcel #: WAVL-000052-000000-000292
  • Zoning: RC

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 38500.0
  • Annual Operating Expense: 14798.0

Tax Info

  • Tax Annual Amount: 2916.0
  • Tax Book Number: 09774
  • Tax Lot: 292
  • Tax Map Number: 52
  • Tax Year: 2019

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
10/06/2020 10/06/20 Sold $95,000 -5.0% $23 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $100,000 -- $24 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joel Alexander

    Seller's Agent in 2020

    Joel Alexander

    NextHome Northern Lights Realty

    (207) 592-9410

    81 Total Sales

    Joel Alexander
    Section Image
  • Ben Grant

    Seller Co-Listing Agent in 2020

    Ben Grant

    NextHome Northern Lights Realty

    (207) 598-6223

    27 Total Sales

    Ben Grant
    Section Image

  • J

    Buyer's Agent in 2020

    Jordan Stolt

    Portside Real Estate Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1465968

Maine Listings

APN: WAVL 052-292

Maine Kennebec County Waterville 04901

271 Main St, Waterville, ME

This home is located at 271 Main St, Waterville, ME 04901 since 24 August 2020. This property was built in 1890. 271 Main St is a home located in Kennebec County with nearby schools including George J. Mitchell School, Albert S. Hall School, and Waterville Junior High School.

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