NOT LISTED FOR SALE

5 Winter St Waterville, ME 04901

1 Bed
9 Baths
5,938 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: March 20, 2023

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

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Property is near shops
  • Level Lot

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

  • 11,326 Sq Ft 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

Location

  • Property is near shops

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

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 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

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 $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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