63 Summer St Waterville, ME 04901
Estimated payment $1,645/month
Highlights
- Country Club
- Main Floor Bedroom
- No HOA
- New Englander Architecture
- Corner Lot
- Bathtub
About This Home
Investor? Homeowner? You could be one - or both! In a market where everyone is worried about interest rates, this home offers the perfect financial advantage: it has the proven ability to pay for itself. This charming and well maintained, in-town, two-unit will provide you the opportunity to be a homeowner, and to start your investment portfolio, if you choose to. Or make a worthy addition to your current one.
This home has two separate, 2-bedroom, 1-bath units. The first-floor unit has been renovated, providing a spacious and updated bathroom, a modern kitchen with new stainless-steel appliances and heat pumps for efficient cooling and heating. The second unit can also be used as an executive home office, an in-law suite, or let your tenant build your equity for you. The home has a new roof, and a full basement with both interior and walk-out access. Use this area as your personal workshop, storage space, or creative studio. Fittingly, you will have plenty of paved, off-street parking available for you and your tenants. Conveniently located with easy access to I-95, this corner lot is just a short walk to and from downtown Waterville's shops, bars, and restaurants. Going in the other direction... enjoy a walk through a quiet, friendly neighborhood. This is your chance to own an asset; and for the savvy buyer, think bigger. After two years, your documented rental income from this property can be used to help you secure your next investment. Don't just buy a house-invest in a smarter future. Schedule your private showing today and see what it feels like to own the house that pays you back. Investors: Fully rented and ready to start generating income from day one.
Homeowners: Live in the spacious downstairs unit, let your tenant build your equity for you.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,048
Year Built
- Built in 1910
Lot Details
- 7,841 Sq Ft Lot
- Property fronts a freeway
- Corner Lot
- Level Lot
Parking
- Paved Parking
Home Design
- New Englander Architecture
- Brick Foundation
- Poured Concrete
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,838 Sq Ft Home
- 2-Story Property
- Laundry on main level
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Interior Basement Entry
Location
- Property is near golf course and shops
- City Lot
Utilities
- Cooling Available
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
- Internet Available
Listing and Financial Details
- Tax Lot 169
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Country Club
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $5,019
- Gross Income $33,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,048 | $179,300 | $25,700 | $153,600 |
| 2024 | $2,896 | $144,800 | $19,800 | $125,000 |
| 2023 | $2,882 | $144,800 | $19,800 | $125,000 |
| 2022 | $1,949 | $75,400 | $14,900 | $60,500 |
| 2021 | $1,923 | $75,400 | $14,900 | $60,500 |
| 2020 | $1,942 | $75,400 | $14,900 | $60,500 |
| 2019 | $1,942 | $75,400 | $14,900 | $60,500 |
| 2018 | $1,905 | $75,400 | $14,900 | $60,500 |
| 2017 | $1,759 | $75,400 | $14,900 | $60,500 |
| 2016 | $1,719 | $75,400 | $14,900 | $60,500 |
| 2015 | $1,763 | $63,400 | $12,800 | $50,600 |
| 2014 | $1,737 | $63,400 | $12,800 | $50,600 |
| 2013 | $1,737 | $63,400 | $12,800 | $50,600 |
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 |
|---|---|---|---|---|---|
| 05/14/2026 05/14/26 | Price Changed | $262,000 | -3.0% | $143 / Sq Ft | |
| 03/17/2026 03/17/26 | Price Changed | $270,000 | -1.8% | $147 / Sq Ft | |
| 03/03/2026 03/03/26 | For Sale | $275,000 | +135.0% | $150 / Sq Ft | |
| 01/15/2021 01/15/21 | Sold | $117,000 | -9.9% | $64 / Sq Ft | View Prior Sale |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- | |
| 10/06/2020 10/06/20 | For Sale | $129,900 | +122.1% | $71 / Sq Ft | |
| 09/09/2016 09/09/16 | Sold | $58,500 | -49.1% | $35 / Sq Ft | View Prior Sale |
| 08/03/2016 08/03/16 | Pending | -- | -- | -- | |
| 03/30/2012 03/30/12 | For Sale | $114,900 | -- | $68 / Sq Ft |
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 |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Not Resolvable | -- | -- |
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 |
|---|---|---|---|
| Open | $110,900 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1653113
APN: WAVL-000039-000000-000169
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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