8 Paul Ave Waterville, ME 04901
Waterville AreaEstimated payment $1,936/month
Highlights
- View of Trees or Woods
- Wood Flooring
- Main Floor Bedroom
- Wooded Lot
- New Englander Architecture
- No HOA
About This Home
First time ever on the market! Have you been searching for a turnkey investment property where you can live in one unit while your tenant helps pay your mortgage? If so, this could be the opportunity you've been waiting for. The first floor unit is vacant and features a spacious three bedroom layout with a large kitchen offering abundant cabinet space, an oversized living room, and three generously sized bedrooms. The primary bedroom includes a large walk-in closet, and the full bathroom features a beautiful tiled shower. Upstairs you'll find an updated one bedroom apartment with an unfinished area directly beside it that offers the potential to be converted into a three bedroom unit, similar to the first floor layout. Both apartments have access to the inviting front porch, the perfect place to enjoy your morning coffee. One of the standout features is the location. Situated at the end of a quiet dead end street on a rare double lot, the property offers an expansive yard with plenty of space for outdoor activities, making it even more attractive to both owners and tenants. Conveniently located across the street from Temple Academy and within walking distance to Waterville Junior High School and Pine Ridge Golf Course. You'll also be just minutes from Colby College, Thomas College, Interstate 95, and downtown Waterville. Additional highlights include a durable metal roof, newer furnace, and low maintenance vinyl siding in excellent condition. Investment properties with this combination of location, condition, and future potential rarely become available. Don't miss your opportunity to own this one of a kind property!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,684
Year Built
- Built in 1955
Lot Details
- 14,810 Sq Ft Lot
- Property fronts a freeway
- Landscaped
- Open Lot
- Wooded Lot
Home Design
- New Englander Architecture
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,950 Sq Ft Home
- Views of Woods
Flooring
- Wood
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Parking
- Paved Parking
- On-Site Parking
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Porch
- Property is near golf course
Listing and Financial Details
- Tax Lot 5
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $10,948
- Gross Income $36,000
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 | $3,684 | $216,700 | $31,000 | $185,700 |
| 2024 | $3,486 | $174,300 | $23,800 | $150,500 |
| 2023 | $3,469 | $174,300 | $23,800 | $150,500 |
| 2022 | $2,352 | $91,000 | $18,000 | $73,000 |
| 2021 | $1,709 | $91,000 | $18,000 | $73,000 |
| 2020 | $1,713 | $91,000 | $18,000 | $73,000 |
| 2019 | $1,829 | $91,000 | $18,000 | $73,000 |
| 2018 | $2,300 | $91,000 | $18,000 | $73,000 |
| 2017 | $2,123 | $91,000 | $18,000 | $73,000 |
| 2016 | $2,075 | $91,000 | $18,000 | $73,000 |
| 2015 | $2,118 | $76,200 | $19,700 | $56,500 |
| 2014 | $2,088 | $76,200 | $19,700 | $56,500 |
| 2013 | $2,088 | $76,200 | $19,700 | $56,500 |
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 |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | Pending | -- | -- | -- |
| 07/07/2026 07/07/26 | For Sale | $299,900 | -- | $154 / Sq Ft |
Source: Maine Listings
MLS Number: 1670599
APN: WAVL-000032-000000-000005
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Ask me questions while you tour the home.
