NOT LISTED FOR SALE

5 Winter St Waterville, ME 04901

1 Bed
9 Baths
5,938 Sq Ft
11,326 Sq Ft

Last Sold March 20, 2023

Last sale price $645,000 $109 Per Sq Ft

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Level Lot
  • Wood Flooring
  • Baseboard Heating

About This Home

As of March 2023

In town Waterville 9 unit to add or start your multifamily portfolio.

11.3 cap rate

Last Agent to Sell the Property

Benjamin Spencer

CORE Listed on: 01/13/2023

Last Buyer's Agent

Francois Rodrigue

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1870

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Wood Frame Construction
  • Metal Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 9 Full Bathrooms
  • 5,938 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 295
  • Assessor Parcel Number WAVL-000048-000000-000295

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Operating Expense $33,342
  • Gross Income $118,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,232

Year Built

Built in 1870

Lot Details

0.26 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5938.0
  • Architectural Style: Colonial, Victorian
  • Garage Yn: No
  • Year Built: 1870
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 117.04
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 9.0
  • Property Information:SqFt Finished Above Grade: 5938.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 9
  • Income Expenses Gross Income: 118200.0
  • Income Expenses Operating Expenses: 33342.0
  • Style:Colonial: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Metal Clad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Advertising Remarks:Advertising Remarks: In town Waterville 9 unit to add or start your multifamily portfolio. 11.3 cap rate
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Lot Features: Level, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Metal Clad, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: WAVL-000048-000000-000295
  • Zoning: commercial

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 118200.0
  • Annual Operating Expense: 33342.0

Tax Info

  • Tax Annual Amount: 5232.0
  • Tax Lot: 295
  • Tax Year: 2022
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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 List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $645,000 -7.2% $109 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $695,000 +246.6% $117 / Sq Ft
06/23/2017 06/23/17 Sold $200,500 +0.3% $29 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
06/07/2016 06/07/16 For Sale $200,000 -- $29 / Sq Ft
Source: Maine Listings

Tax History

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 $10,030 $590,000 $53,700 $536,300
2024 $8,756 $437,800 $27,500 $410,300
2023 $8,712 $437,800 $27,500 $410,300
2022 $5,232 $202,400 $15,600 $186,800
2021 $5,161 $202,400 $15,600 $186,800
2020 $5,214 $202,400 $15,600 $186,800
2019 $5,214 $202,400 $15,600 $186,800
2018 $5,115 $202,400 $15,600 $186,800
2017 $4,722 $202,400 $15,600 $186,800
2016 $4,615 $202,400 $15,600 $186,800
2015 $4,106 $147,700 $13,400 $134,300
2014 $4,047 $147,700 $13,400 $134,300
2013 $4,047 $147,700 $13,400 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1550882

Maine Listings
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