$207,500
SOLD JUL 19, 2022

41 Western Ave Waterville, ME 04901

-- Bed
6 Baths
2,562 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

9% Above List Price

5 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Porch
  • Nearby Water Access
  • No HOA
  • Storm Windows

About This Home

As of September 2023

Fully occupied 6 unit apartment building within walking distance to shops and restaurants on Main Street. Large parking lot. Great rental history with guaranteed income and lots of potential for future growth. Excellent investment to add to your portfolio. Seller owned it for almost 50+ years proving is was worth having! Building being sold ''AS IS''. Need 48 hours notice . Hop on the wave of next vitalization in Waterville and reap your current and future rewards!
Cash or Conventional is best.
All offers to be in by Wednesday the 11th by 4 pm

Last Agent to Sell the Property

Samantha Ireland

Century 21 Nason Realty Listed on: 05/08/2022

Century 21 Nason Realty

Last Buyer's Agent

Laurie Arena

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a stream
  • Level Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 2,562 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Storm Windows

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
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 070
  • Assessor Parcel Number WAVL-000044-000000-000070

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $17,380
  • Gross Income $43,908

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,598

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Water Body Name: Messalonskee
  • MLS Status: Closed
  • Directions: From Silver Street, turn left onto Western Avenue, go .2 miles and it's on the right.
  • Above Grade Finished Sq Ft: 2562.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: No
  • Efficiency: Storm Windows, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 2562.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 43908.0
  • Income Expenses Operating Expenses: 17380.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water Heater:Oil2: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Foundation Materials:Granite2: Yes
  • Exterior:Asbestos: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Shower, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Stream
  • Waterfront: No
  • Construction Type: Other Exterior, Asbestos, Wood Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Waterville Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: WAVL-000044-000000-000070
  • Zoning: RD

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 43908.0
  • Annual Operating Expense: 17380.0

Tax Info

  • Tax Annual Amount: 2598.0
  • Tax Book Number: 1838
  • Tax Lot: 070
  • Tax Map Number: 044
  • Tax Year: 2021

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
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
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

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527343

Maine Listings

APN: WAVL 044-070