220 Water St

$109,000
Price
6
Beds
2,028 Sq. Ft.
$54 / Sq. Ft.
2,028
Sq. Ft.
$54
per Sq. Ft.

Description

This 2-unit duplex offers a fantastic opportunity for those looking to build equity through renovation. Each spacious unit features 2 bedrooms and 1 bath, providing excellent potential for strong rental income once updated. Both units are currently vacant, giving the new owner the flexibility to complete improvements at their own pace and choose tenants. Conveniently located near downtown Waterville, schools, shopping, and I-95, this property is perfect for an investor or owner-occupant ready to...This 2-unit duplex offers a fantastic opportunity for those looking to build equity through renovation. Each spacious unit features 2 bedrooms and 1 bath, providing excellent potential for strong rental income once updated. Both units are currently vacant, giving the new owner the flexibility to complete improvements at their own pace and choose tenants. Conveniently located near downtown Waterville, schools, shopping, and I-95, this property is perfect for an investor or owner-occupant ready to put in a little work and reap big rewards. Don't miss this chance to bring new life to a property with great bones and endless potential!

Property Details for 220 Water Street

Waterfront
No
ArchitecturalStyle
Other
Garage
No
Zoning
RC
LISTING UPDATED: 11/25/2025 07:03 PM

Property Details for 220 Water Street

StatusActive
MLS #1641079
Days on Market59
Taxes$2,550 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1880
Lot Size0.19 AC / 8,276 SF
CountyKennebec County

Location

Listing Courtesy of Fontaine Family-The Real Estate Leader
Add your commute

Building Information for 220 Water Street

Stories-Residences2Year Built1880Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$751 per month

30 year fixed, 6.28% Interest

Principal and Interest

$539

Property Taxes

$213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 220 Water Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 6353
  • Directions: From ME-11 N/ME-137 E/Kennedy Memorial Dr., turn right onto Carter Memorial Dr., turn left onto Grove St., turn right onto Water St and property will be on the left, see sign.
  • Town: Waterville
  • State/Province: ME
  • Zip Code: 04901
  • County: Kennebec
  • Geo Latitude: 44.536329
  • Geo Longitude: -69.639393
  • Tax Lot: 67
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 15457
  • Tax Map Number: 34
  • Tax Year: 2024
  • Parcel Number: WAVL-000034-000000-000067
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,550.00
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2028.0
  • Lot Size Acres: 0.19
  • Source of Acreage: Public Records
  • Building Area Total: 2028.0
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8276.4
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 220
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Bank Owned REO: Yes
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1880
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: No
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Composition
Interior Features
  • Basement: Interior, Full, Unfinished
  • Flooring: Wood, Vinyl, Other, Laminate
  • Cooling: None
  • Heating: Hot Water
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 2.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 4.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • Unit 1:Range: No
  • Unit 1:Refrigerator: No
  • Unit 1:Sewer: No
  • Unit 1:Water: No
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: No
  • Unit 2:Refrigerator: No
  • Unit 2:Sewer: No
  • Unit 2:Water: No
Unit 3
  • Unit 3:Range: No
  • Unit 3:Sewer: No
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 220 Water Street

DateEvent & SourcePriceAppreciation
Nov 25, 2025

Price Change

Maine Listings #1641079

$109,000
Oct 14, 2025

Listed (Active)

Maine Listings #1641079

$119,900
May 30, 2025

Expired

Maine Listings #1591801

$100,000
Mar 5, 2025

Withdrawn

Maine Listings #1591801

$100,000
Aug 15, 2024

Pending

Maine Listings #1591801

Aug 14, 2024

Active Under Contract

Maine Listings #1591801

Jul 23, 2024

Price Change

Maine Listings #1591801

$85,000
Jul 8, 2024

Price Change

Maine Listings #1591801

$99,000
Jun 25, 2024

Price Change

Maine Listings #1591801

$109,000
Jun 15, 2024

Price Change

Maine Listings #1591801

$129,000
Jun 6, 2024

Price Change

Maine Listings #1591801

$139,000
May 30, 2024

Listed (Active)

Maine Listings #1591801

$144,000
DateEvent & SourcePrice
11/25/2025

Price Change

Maine Listings #1641079

$109,000
10/14/2025

Listed (Active)

Maine Listings #1641079

$119,900
05/30/2025

Expired

Maine Listings #1591801

$100,000
03/05/2025

Withdrawn

Maine Listings #1591801

$100,000
08/15/2024

Pending

Maine Listings #1591801

08/14/2024

Active Under Contract

Maine Listings #1591801

07/23/2024

Price Change

Maine Listings #1591801

$85,000
07/08/2024

Price Change

Maine Listings #1591801

$99,000
06/25/2024

Price Change

Maine Listings #1591801

$109,000
06/15/2024

Price Change

Maine Listings #1591801

$129,000
06/06/2024

Price Change

Maine Listings #1591801

$139,000
05/30/2024

Listed (Active)

Maine Listings #1591801

$144,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 220 Water Street

Taxable ValueLand$14,100Additions$120,400Total$134,500
Tax Record2025$2,287 ($191 / month)
Home Facts
Baths2Total Finished SqFt1,843 SqFtAbove Grade Finished SqFt1,843 SqFtStories2Lot Size8,276 SqFtStyleDuplexYear Built1880CountyKENNEBECAPNWAVL M:034 B:067

Schools near 220 Water Street

This home is within Waterville Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
George J Mitchell School
PublicPK to 3

Albert S Hall School
Public4 to 5

Waterville Junior High School
Public6 to 8

Waterville Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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220 Water Street is a multi-family home for sale in Waterville, ME 04901. This property was listed for sale on October 14, 2025 by Fontaine Family-The Real Estate Leader, it's currently listed at $109,000. This listing's school district is Waterville Public Schools. Nearby schools include George J Mitchell School, Albert S Hall School and Waterville Junior High School. 220 Water Street is a 6-bed, 3-bath, 2,028 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fontaine Family-The Real Estate Leader

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.