Seller's Agent in 2026
Matt Boulerice
New England Realty Group LLC
(207) 714-0435
19 in this area
77 Total Sales
59 Main St Waterville, ME 04901
--
Bed
2
Baths
3,396
Sq Ft
1,307
Sq Ft Lot Lot
Highlights
- Wood Flooring
- Cooling Available
- Baseboard Heating
- No HOA
- Property is near shops
- Level Lot
About This Home
As of May 2026Major renovations completed in 2020 make this a turnkey investment with no significant deferred maintenance concerns for years to come. The first floor offers a retail space on Main Street with excellent visibility, while the fully furnished second and third floor apartments have been successfully operated as short term rentals with strong demand, a proven track record, and future bookings already extending into 2027. Considered a guest favorite on Airbnb with seventeen 5 star reviews. Located across from the Opera House and just minutes from Colby College and Thomas College, this ideally situated property appeals to visitors, college parents, and downtown guests alike. Set in the heart of Waterville's expanding downtown, this is a strong mixed use investment opportunity with multiple income streams.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,675
Year Built
- Built in 1900
Lot Details
- 1,307 Sq Ft Lot
- Property fronts a freeway
- Level Lot
Home Design
- 3,396 Sq Ft Home
- Brick Exterior Construction
- Rolled or Hot Mop Roof
- Membrane Roofing
- Masonry
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- No Driveway
- On-Street Parking
Location
- Property is near shops
- City Lot
Utilities
- Cooling Available
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 167
- Assessor Parcel Number WAVL-000044-000000-000167
Community Details
Overview
- No Home Owners Association
- 2 Units
- High-Rise Community
Building Details
- Operating Expense $23,680
- Gross Income $68,052
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2026
Closed on
May 21, 2026
Sold by
Bought by
Seller's Agent
Matt Boulerice
New England Realty Group LLC
Buyer's Agent
Heather Perrault
Your Home Sold Guaranteed Realty
List Price
$559,900
Sold Price
$545,000
Premium/Discount to List
-$14,900
-2.66%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-91.58%
Original Mortgage
$535,128
Outstanding Balance
$535,128
Interest Rate
6.37%
Mortgage Type
FHA
Estimated Equity
-$65,324
Purchase Details
Closed on
Aug 21, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
6.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 2, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.8%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Quit Claim Deed | $545,000 | -- | |
| Quit Claim Deed | $474,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
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 | $535,128 | FHA | |
| Previous Owner | $355,500 | Commercial | |
| Previous Owner | $180,000 | Commercial |
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 |
|---|---|---|---|---|
| 05/21/2026 05/21/26 | Sold | $545,000 | -2.7% | $160 / Sq Ft |
| 03/23/2026 03/23/26 | For Sale | $559,900 | -- | $165 / 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 | $3,675 | $216,200 | $41,800 | $174,400 |
| 2024 | $3,254 | $162,700 | $34,500 | $128,200 |
| 2023 | $3,238 | $162,700 | $34,500 | $128,200 |
| 2022 | $2,546 | $98,500 | $19,500 | $79,000 |
| 2021 | $2,321 | $91,000 | $19,500 | $71,500 |
| 2020 | $2,344 | $91,000 | $19,500 | $71,500 |
| 2019 | $2,344 | $91,000 | $19,500 | $71,500 |
| 2018 | $2,300 | $91,000 | $19,500 | $71,500 |
| 2017 | $2,123 | $91,000 | $19,500 | $71,500 |
| 2016 | $2,075 | $91,000 | $19,500 | $71,500 |
| 2015 | $2,483 | $89,300 | $22,400 | $66,900 |
| 2014 | $2,447 | $89,300 | $22,400 | $66,900 |
| 2013 | $2,447 | $89,300 | $22,400 | $66,900 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Boulerice
-
Heather Perrault
H
Buyer's Agent in 2026
Heather Perrault
Your Home Sold Guaranteed Realty
(207) 650-1571
5 in this area
123 Total Sales
Map
Source: Maine Listings
MLS Number: 1655154
APN: WAVL-000044-000000-000167
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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