$269,900

8 High St Waterville, ME 04901

Estimated payment $1,676/month

Total Views 2,373
-- Bed
3 Baths
2,214 Sq Ft
$122 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • New Englander Architecture
  • Porch
  • Carpet

About This Home

Beautiful 3-Unit Multi-Family in a Desirable Neighborhood
Discover a fantastic investment opportunity with this well-maintained three-unit property located in a highly sought-after, quiet neighborhood. Two of the units are spacious 2-bedroom apartments, each offering generous living areas, abundant natural light, and comfortable layouts perfect for families or long-term tenants. The third unit is a bright and efficient 1-bedroom, ideal for singles, couples, or those seeking a low-maintenance living space.
Situated within easy walking distance to the local elementary school and other town amenities this property appeals to renters looking for convenience and a family-friendly setting. The area is known for its well-kept homes, pleasant streets, and strong sense of communityâ€'an ideal location for reliable rental demand.
Whether you're an investor seeking strong income potential or an owner-occupant looking to live in one unit while renting the others, this property offers flexibility, value, and lasting appeal.
The building offers new roof shingles and a newer heating system.

Listing Agent

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 11/28/2025

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,101

Year Built

  • Built in 1938

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • New Englander Architecture
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,214 Sq Ft Home
  • 3-Story Property
  • Interior Basement Entry

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 09
  • Assessor Parcel Number WAVL-000058-000000-000009

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $9,216
  • Gross Income $35,232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,101

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • MLS Status: Active
  • Directions: From Maine Turnpike get off Exit 130, turn right on Main St/Rt 104 turn Left on High St, property on the right see sign
  • Above Grade Finished Sq Ft: 2214.0
  • Architectural Style: New Englander, Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1938
  • Contract Information:List PriceSqFt: 121.91
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Bulkhead, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Carpet, Vinyl
  • Stories: 3

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Deck, Glassed-in Porch, Porch
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: WAVL-000058-000000-000009
  • Zoning: RB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 35232.0
  • Annual Operating Expense: 9215.84

Tax Info

  • Tax Annual Amount: 3101.0
  • Tax Lot: 09

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,101 $182,400 $14,200 $168,200
2024 $2,964 $148,200 $11,000 $137,200
2023 $2,949 $148,200 $11,000 $137,200
2022 $1,996 $77,200 $8,200 $69,000
2021 $1,969 $77,200 $8,200 $69,000
2020 $1,989 $77,200 $8,200 $69,000
2019 $1,989 $77,200 $8,200 $69,000
2018 $1,951 $77,200 $8,200 $69,000
2017 $1,801 $77,200 $8,200 $69,000
2016 $1,760 $77,200 $8,200 $69,000
2015 $1,649 $59,300 $9,400 $49,900
2014 $1,625 $59,300 $9,400 $49,900
2013 $1,625 $59,300 $9,400 $49,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2025 11/28/25 For Sale $269,900 +104.5% $122 / Sq Ft
09/06/2023 09/06/23 Sold $132,000 -20.0% $60 / Sq Ft View Prior Sale
08/03/2023 08/03/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $165,000 +106.3% $75 / Sq Ft
02/26/2019 02/26/19 Sold $80,000 -8.6% $36 / Sq Ft View Prior Sale
01/24/2019 01/24/19 Pending -- -- --
09/18/2018 09/18/18 For Sale $87,500 -- $40 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,600 Purchase Money Mortgage
Previous Owner $297,000 Purchase Money Mortgage
Previous Owner $64,000 New Conventional
Previous Owner $50,000 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1644451

Maine Listings

APN: WAVL-000058-000000-000009