$185,000
$35K PRICE INCREASE

5 Collette St Waterville, ME 04901

Estimated payment $1,285/month

Total Views 43,843
-- Bed
2.5 Baths
1,904 Sq Ft
$97 Price per Sq Ft

Highlights

  • Country Club
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Property is near golf course and shops
  • 2 Car Garage

About This Home

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.

Listing Agent

Sam Prindle

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed 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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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 Assessment Tax 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
10/29/2025 10/29/25 Price Changed $185,000 -7.5% $97 / Sq Ft
10/20/2025 10/20/25 Price Changed $200,000 +33.3% $105 / Sq Ft
10/12/2025 10/12/25 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.

Date Status Loan Amount Loan Type
Closed $124,000 Unknown
Closed $112,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Sam Prindle

Tim Dunham Realty

(207) 309-2098

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Source: Maine Listings

MLS Number: 1640642

Maine Listings

APN: WAVL-000038-000000-000022

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