NOT LISTED FOR SALE

4 Spring Place Waterville, ME 04901

7 Beds
9 Baths
4,530 Sq Ft
8,712 Sq Ft Lot

Last Sold April 16, 2024

Last sale price $660,000 $146 Per Sq Ft

9 Days on Market

Highlights

  • Wood Flooring
  • Asbestos
  • Heating System Uses Natural Gas
  • No HOA
  • Open Lot

About This Home

As of April 2024

Fully occupied 9 unit Downtown Waterville located within an opportunity zone. Recent updates in 2021 include natural gas conversion, new heating systems, electrical updates, paint and flooring throughout. Separated heat and electricity. Strong occupancy and rental history. Minutes to Colby, Thomas, and area Hospitals.

Last Agent to Sell the Property

Matt Boulerice

New England Realty Group LLC Listed on: 01/24/2024

Last Buyer's Agent

Francois Rodrigue

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,970

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a private road
  • Open Lot

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 9 Full Bathrooms
  • 4,530 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number WAVL-000044-000000-000155

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Operating Expense $19,735
  • Gross Income $93,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,970

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4530.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 9.0
  • Property Information:SqFt Finished Above Grade: 4530.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 9
  • Income Expenses Gross Income: 93120.0
  • Income Expenses Operating Expenses: 19735.0
  • Style:Multi-Level: Yes
  • Exterior:Asbestos: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 9
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, 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: 8712.0
  • Parcel #: WAVL-000044-000000-000155
  • Zoning: CA

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 93120.0
  • Annual Operating Expense: 19735.0

Tax Info

  • Tax Annual Amount: 5970.0
  • Tax Book Number: 13912
  • Tax Lot: 155
  • Tax Map Number: 44
  • Tax Year: 2024

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
04/16/2024 04/16/24 Sold $660,000 +1.5% $146 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $650,000 +195.5% $143 / Sq Ft
03/24/2021 03/24/21 Sold $220,000 -44.9% $49 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $399,000 -- $88 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Boulerice

    Seller's Agent in 2024

    Matt Boulerice

    New England Realty Group LLC

    (207) 714-0435

    16 in this area

    78 Total Sales

    Matt Boulerice
    Section Image
  • Francois Rodrigue

    Buyer's Agent in 2024

    Francois Rodrigue

    Keller Williams Realty

    (617) 208-0458

    103 in this area

    272 Total Sales

    Francois Rodrigue
    Section Image
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Map

Source: Maine Listings

MLS Number: 1580982

Maine Listings

APN: WAVL 044-155

Maine Kennebec County Waterville 04901

4 Spring Place, Waterville, ME

This home is located at 4 Spring Place, Waterville, ME 04901 since 24 January 2024. This property was built in 1920. 4 Spring Place 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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