Excellent Investment Opportunity - Two-Unit Property with Strong Potential This two-unit property presents a fantastic opportunity for investors, contractors, or owner-occupants seeking a value-add project. Situated in a convenient Waterville neighborhood close to shopping, schools, and commuter routes, this property offers solid fundamentals and ample room for improvement. Each unit features a functional layout, providing flexibility for future rental income or multi-generational living. While the building requires repairs and updates, the property's neighborhood setting and structure make it well suited for renovation and long-term return on investment. Property Highlights: Two separate units with strong income potential Convenient neighborhood setting with easy access to amenities Off-street parking Flexible floor plans offering renovation and customization opportunities Priced to reflect needed improvements This is an ideal opportunity to build equity and create value through thoughtful upgrades. Property is being sold as-is. Price is firm.
Tim Dunham RealtyBrokerage Phone: 207-729-7297Listed on: 10/12/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,432
Year Built
Built in 1947
Lot Details
6,098 Sq Ft Lot
Property fronts a freeway
Parking
2 Car Garage
Off-Street Parking
Home Design
Wood Frame Construction
Shingle Roof
Aluminum Siding
Concrete Perimeter Foundation
Interior Spaces
1,904 Sq Ft Home
Multi-Level Property
Finished Basement
Walk-Out Basement
Flooring
Wood
Vinyl
Location
Property is near golf course and shops
Suburban Location
City Lot
Utilities
No Cooling
Baseboard Heating
Listing and Financial Details
Tax Lot 22
Community Details
Overview
No Home Owners Association
2 Units
Recreation
Country Club
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,432
Year Built
Built in 1947
Lot Details
6,098 Sq Ft Lot
Parking
2
Listing Details
Prop. Type: Multi-Family
Lot Size Acres: 0.14
Road Surface Type: Paved
MLS Status: Active
Above Grade Finished Sq Ft: 1904.00
Architectural Style: Other
Garage Yn: Yes
Unit Levels: Multi-Level
Year Built: 1947
Attribution Contact: 207-729-7297
Property Information:Seasonal: No
Water Info:Water View2: No
Property Information:Deed Restrictions: Unknown
Property Information:Bank Owned REO: No
Property Information 2 Detached Houses on 1 Lot: No
Location:Location: Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Suburban
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Furnished: Unfurnished
Has Basement: Interior, Walk-Out Access, Finished, Unfinished
Full Bathrooms: 2
Half Bathrooms: 1
Flooring: Wood, Vinyl
Exterior Features
Lot Features: Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Suburban
Waterfront: No
Construction Type: Aluminum Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Garage/Parking
Attached Garage: No
Garage Spaces: 2.00
Parking Features: 1 - 4 Spaces, Paved, Off Street
Utilities
Cooling: None
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Condo/Co-op/Association
Association: No
Lot Info
Land Lease: No
Lot Size Sq Ft: 6098.40
Zoning: Residential
Multi Family
Number Of Units Total: 2
Tax Info
Tax Annual Amount: 3432.00
Tax Lot: 22
Tax Year: 2024
Map
Range of Values:
--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$3,599
$211,700
$27,400
$184,300
2024
$3,432
$171,600
$21,100
$150,500
2023
$3,415
$171,600
$21,100
$150,500
2022
$2,303
$89,100
$14,400
$74,700
2021
$2,272
$89,100
$14,400
$74,700
2020
$2,979
$89,100
$14,400
$74,700
2019
$3,165
$89,100
$14,400
$74,700
2018
$2,252
$89,100
$14,400
$74,700
2017
$2,555
$89,100
$14,400
$74,700
2016
$2,031
$89,100
$14,400
$74,700
2015
$2,216
$79,700
$16,500
$63,200
2014
$2,184
$79,700
$16,500
$63,200
2013
$2,184
$79,700
$16,500
$63,200
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
10/29/202510/29/25
Price Changed
$185,000
-7.5%
$97 / Sq Ft
10/20/202510/20/25
Price Changed
$200,000
+33.3%
$105 / Sq Ft
10/12/202510/12/25
For Sale
$150,000
--
$79 / Sq Ft
Source: Maine Listings
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Quit Claim Deed
--
None Available
Warranty Deed
--
--
Warranty Deed
--
--
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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