55 Western Ave Waterville, ME 04901
Estimated payment $1,642/month
Highlights
- Colonial Architecture
- Corner Lot
- Forced Air Heating System
- Wood Flooring
- No HOA
About This Home
Discover an exceptional opportunity with this updated multi-family property offering both modern comfort and untapped potential. This property is currently vacant and easy to show, providing the new owners endless opportunities. The home features two spacious units—one fully renovated and move-in ready, and the other primed for the next owner's finishing touches. Unit B offers two bedrooms and one full bath, showcasing a complete renovation that includes new drywall, fresh paint, an all-new kitchen with cabinets and sink, a fully updated bathroom, new flooring throughout, and convenient washer/dryer hookups in the utility room. Unit A includes three-four bedrooms and one bath and has been fully primed and prepped for the next owner. This unit features some new drywall, a new sink with butcher block countertop and vanity, and is awaiting finishing touches to make it your own. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio with strong rental potential, this property offers flexibility and modern improvements. Set up your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,222
Year Built
- Built in 1910
Lot Details
- 9,148 Sq Ft Lot
- Corner Lot
- Sloped Lot
Home Design
- 2,346 Sq Ft Home
- Colonial Architecture
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Vinyl Siding
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Parking
- Gravel Driveway
- Off-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Natural Gas Not Available
- Electric Water Heater
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number WAVL-000044-000000-000040
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $3,222 | $161,100 | $20,100 | $141,000 |
| 2023 | $3,206 | $161,100 | $20,100 | $141,000 |
| 2022 | $2,174 | $84,100 | $15,100 | $69,000 |
| 2021 | $2,145 | $84,100 | $15,100 | $69,000 |
| 2020 | $2,166 | $84,100 | $15,100 | $69,000 |
| 2019 | $2,166 | $84,100 | $15,100 | $69,000 |
| 2018 | $2,125 | $84,100 | $15,100 | $69,000 |
| 2017 | $1,962 | $84,100 | $15,100 | $69,000 |
| 2016 | $1,917 | $84,100 | $15,100 | $69,000 |
| 2015 | $1,746 | $62,800 | $13,000 | $49,800 |
| 2014 | $1,721 | $62,800 | $13,000 | $49,800 |
| 2013 | $1,721 | $62,800 | $13,000 | $49,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2025 10/28/25 | Price Changed | $259,900 | -8.8% | $111 / Sq Ft | |
| 10/11/2025 10/11/25 | For Sale | $285,000 | +256.3% | $121 / Sq Ft | |
| 08/15/2024 08/15/24 | Sold | $80,000 | 0.0% | $34 / Sq Ft | View Prior Sale |
| 07/25/2024 07/25/24 | Pending | -- | -- | -- | |
| 07/23/2024 07/23/24 | For Sale | $80,000 | -- | $34 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $125,000 | None Available | |
| Quit Claim Deed | $125,000 | None Available | |
| Quit Claim Deed | $125,000 | None Available | |
| Warranty Deed | $80,000 | None Available | |
| Warranty Deed | $80,000 | None Available | |
| Warranty Deed | $80,000 | None Available | |
| Warranty Deed | $80,000 | None Available | |
| Warranty Deed | $10,000 | None Available | |
| Warranty Deed | $10,000 | None Available | |
| Warranty Deed | $10,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,000 | Commercial | |
| Closed | $125,000 | Commercial |
Source: Maine Listings
MLS Number: 1640599
APN: WAVL-000044-000000-000040
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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