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 Listed By

Francois Rodrigue

Keller Williams Realty Listed on: 01/29/2023

Keller Williams Realty

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
  • 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
  • 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 Book Number: 8310
  • Tax Lot: 234
  • 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
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

    268 Total Sales

    Francois Rodrigue
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Map

Source: Maine Listings

MLS Number: 1551604

Maine Listings

Maine Kennebec County Waterville 04901

3 Summer St, Waterville, ME

Homes for Sale in Waterville, ME

This home is located at 3 Summer St, Waterville, ME 04901 since 29 January 2023. This property was built in 1900. 3 Summer 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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