L
Seller's Agent in 2023
Laurie Arena
Realty of Maine
(207) 992-7182
2 in this area
48 Total Sales
41 Western Ave Waterville, ME 04901
5
Beds
6
Baths
2,562
Sq Ft
9,583
Sq Ft Lot
Highlights
- Colonial Architecture
- Porch
- Zoned Heating
- No HOA
- Storm Windows
- Ceiling Fan
About This Home
As of September 2023Incredible Investment Opportunity! Profitable 6-unit apartment building with assumable tenants, new roof, stable income and potential for 14 plus cap rate! Excellent location close to hospitals, colleges and schools. Current tenants are assumable providing a seamless transition for owner or owner occupied home. This property is on the list for natural gas in September. Retiring owners say there is room for rent increase of 20-25%.. Apartment 1 is freshly renovated and is currently vacant for viewing. 48 hour notice on all other apartment viewings please. SELLER WOULD CONSIDER OWNER FINANCING 20% OF SALE.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,634
Year Built
- Built in 1920
Lot Details
- 9,583 Sq Ft Lot
- Level Lot
Home Design
- Colonial Architecture
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,562 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Storm Windows
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Full Bathrooms
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Parking
- Gravel Driveway
- Paved Parking
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Internet Available
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Tax Lot 070
- Assessor Parcel Number WAVL-000044-000000-000070
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $23,804
- Gross Income $53,406
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/13/2023 09/13/23 | Sold | $270,000 | -14.3% | $105 / Sq Ft | |
| 07/19/2023 07/19/23 | Pending | -- | -- | -- | |
| 07/06/2023 07/06/23 | For Sale | $315,000 | +51.8% | $123 / Sq Ft | |
| 07/19/2022 07/19/22 | Sold | $207,500 | +9.3% | $81 / Sq Ft | View Prior Sale |
| 05/12/2022 05/12/22 | Pending | -- | -- | -- | |
| 05/06/2022 05/06/22 | For Sale | $189,900 | -- | $74 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Agents Affiliated with this Home
-
Laurie Arena
-
Kelly Couture
K
Buyer's Agent in 2023
Kelly Couture
Getty Real Estate Services, LLC
(207) 332-9653
1 in this area
27 Total Sales
-
S
Seller's Agent in 2022
Samantha Ireland
Century 21 Nason Realty
Map
Source: Maine Listings
MLS Number: 1564434
APN: WAVL 044-070
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