NOT LISTED FOR SALE

3 Summer St Waterville, ME 04901

-- Bed
6 Baths
6,000 Sq Ft
0.35 Acres

Last Sold March 31, 2023

Last sale price $460,000 $77 Per Sq Ft

6 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Bathtub
  • Wood Flooring
  • Double Pane Windows
  • Zoned Heating

About This Home

As of March 2023

Huge six unit multi family, good, cash flow, strong market rent. 4–3 bedroom apartments a two – bedroom apartment, and a one bedroom apartment.
Many updates including roof, shingles, propane, heating system, and more
Large lot ample parking close to downtown.
Good investment potential

Last Agent to Sell the Property

Francois Rodrigue

Keller Williams Realty Listed on: 01/29/2023

Keller Williams Realty

Last Buyer's Agent

Edith Fontaine Maureen Zemrak

Locations Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Land Lease

Home Design

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

Interior Spaces

  • 6,000 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • 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
  • City Lot

Listing and Financial Details

  • Tax Lot 234
  • Assessor Parcel Number WAVL-000044-000000-000234

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $28,131
  • Gross Income $74,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,267

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: 0
  • Directions: From Sherwin Street turn onto Summer second house on the right.
  • Above Grade Finished Sq Ft: 6000.0
  • Architectural Style: Federal, Multi-Level, Victorian
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: Yes
  • Contract Information:List PriceSqFt: 83.33
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 6000.0
  • Property Information:Garage: No
  • 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:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: 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
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • 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: 74400.0
  • Income Expenses Operating Expenses: 28131.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: 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
  • Style:Federal: Yes
  • Equipment:DSL: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Huge six unit multi family, good, cash flow, strong market rent. 4–3 bedroom apartments a two – bedroom apartment, and a one bedroom apartment. Many updates including roof, shingles, propane, heating system, and more Large lot ample parking close to downtown. Good investment potential
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub, Shower
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Granite, Concrete Perimeter, Brick/Mortar
  • Roof: Fiberglass, Pitched, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Waterville Public Schools

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 15246.0
  • Parcel #: WAVL-000044-000000-000234
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 74400.0
  • Annual Operating Expense: 28131.0

Tax Info

  • Tax Annual Amount: 3267.0
  • Tax Block: 0
  • Tax Lot: 234
  • Tax Year: 2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
03/31/2023 03/31/23 Sold $460,000 -8.0% $77 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/29/2023 01/29/23 For Sale $499,999 -- $83 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Francois Rodrigue

    Seller's Agent in 2023

    Francois Rodrigue

    Keller Williams Realty

    (617) 208-0458

    98 in this area

    261 Total Sales

    Francois Rodrigue
    Section Image

  • E

    Buyer's Agent in 2023

    Edith Fontaine Maureen Zemrak

    Locations Real Estate Group LLC

    (207) 749-8963

    3 in this area

    127 Total Sales

    Edith Fontaine Maureen Zemrak
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1551604

Maine Listings
Maine Kennebec County Waterville 04901

3 Summer St, Waterville, ME

Not Listed for Sale

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