$525,000
SOLD APR 18, 2025

276 Main St Waterville, ME 04901

-- Bed
8 Baths
5,657 Sq Ft
0.34 Acres

Recently Sold

$93 Per Sq Ft

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 4-minute walk to Waterville Parks & Recreation
  • Corner Lot
  • Heating System Uses Natural Gas

About This Home

As of April 2025

Fully occupied 8-unit apartment building in a convenient location. Each unit has natural gas Rinnai heaters. Vinyl siding, egress porches, plus many of the units have been updated. Great parking.

Last Agent to Sell the Property

Kim Gleason

McAllister Real Estate Listed on: 02/19/2025

Last Buyer's Agent

Francois Rodrigue

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,692

Year Built

  • Built in 1930

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 8 Full Bathrooms
  • 5,657 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 248
  • Assessor Parcel Number WAVL-000052-000000-000248

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $29,286
  • Gross Income $86,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,692

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take exit 130 for me-104/Main St off of I-95, turn right on Main St. 1 Mile from Mid Maine Medical.
  • Above Grade Finished Sq Ft: 5657.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 92.81
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 5657.0
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 8
  • Income Expenses Gross Income: 86220.0
  • Income Expenses Operating Expenses: 29286.0
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Advertising Remarks:Advertising Remarks: Fully occupied 8-unit apartment building in a convenient location. Each unit has natural gas Rinnai heaters. Vinyl siding, egress porches, plus many of the units have been updated. Great parking. FOR MORE DETAILS ON THIS PROPERTY CALL THE LISTING AGENT AT MCALLISTER REAL ESTATE, KIM GLEASON 207-837-3180 OR EMAIL kimgleason@myfairpoint.net.
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Unfinished
  • Full Bathrooms: 8
  • Flooring: Wood, Carpet

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal, Pitched

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace
  • 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: 14810.4
  • Parcel #: WAVL-000052-000000-000248
  • Zoning: RB

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 86220.0
  • Annual Operating Expense: 29286.0

Tax Info

  • Tax Annual Amount: 6692.0
  • Tax Lot: 248
  • Tax Year: 2024
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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 List to Sale Price per Sq Ft
04/18/2025 04/18/25 Sold $525,000 0.0% $93 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $525,000 -- $93 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,499 $441,100 $56,300 $384,800
2024 $6,692 $334,600 $21,600 $313,000
2023 $6,659 $334,600 $21,600 $313,000
2022 $4,912 $190,000 $16,300 $173,700
2021 $4,845 $190,000 $16,300 $173,700
2020 $4,894 $190,000 $16,300 $173,700
2019 $4,894 $190,000 $16,300 $173,700
2018 $4,801 $190,000 $16,300 $173,700
2017 $4,433 $190,000 $16,300 $173,700
2016 $4,332 $190,000 $16,300 $173,700
2015 $4,240 $152,500 $14,100 $138,400
2014 $4,179 $152,500 $14,100 $138,400
2013 -- $152,500 $14,100 $138,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1614648

Maine Listings