271 Main Street

Closed 10/6/20
Closed 10/6/20
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AD914713-FCCC-444E-8360-7EEBCD82A69D
02573157-9060-42DC-91A0-119D667BF165
Sold
Last Sold Price
$95,000
4,162 sqft

271 Main St, Waterville, ME 04901

Multi FamilyProperty Type
0.29 acresLot Size
1890Year Built
$23/sq ftPrice per sq ft
1 carParking Spaces

Description

A great opportunity to own an affordable five unit building and build equity. Currently occupied. New boiler, heat pump hot water heater and recent separate heat sources in each unit. Two units have had recent improvements. The lot offers plenty of parking and a one car garage for added storage. This building has tons of potential and room for rents to grow. Don't miss this opportunity.A great opportunity to own an affordable five unit building and build equity. Currently occupied. New boiler, heat pump hot water heater and recent separate heat sources in each unit. Two units have had recent improvements. The lot offers plenty of parking and a one car garage for added storage. This building has tons of potential and room for rents to grow. Don't miss this opportunity.
  • Listed by: Joel Alexander 207.623.4182 Augusta@masiello.com • Better Homes & Gardens Real Estate/The Masiello Group
  • Listed by: Benjamin Grant 207.623.4182 Augusta@masiello.com • Better Homes & Gardens Real Estate/The Masiello Group
Listing closed: 10/06/2020 12:00 AM • Source: Maine Listings, MLS#: 1465968
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Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Sold By Summit Real Estate

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$750 per month

30 year fixed, 7.03% Interest

Principal and Interest

$507

Property Taxes

$243

HOA Dues

$0

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Property Information for 271 Main Street

Property Details

  • Taxes: $2,916 / year
  • MLS Type: Multi-Family
  • County: Kennebec County
  • Architectural Style: Victorian
  • Style: Victorian
  • Has Waterfront: No
  • Zoning: RC

Building Information

  • Stories: 3
  • Residences: 5
  • Year Built: 1890
  • Lot Size: 0.29 AC / 12,632 SF

Summary

Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Near Turnpike/Interstate
  • Page: 109-110
  • Latitude: 44.559537
  • Longitude: -$69.63
Taxes and HOA
  • Association: No
  • Parcel Number: WAVL-000052-000000-000292
  • Tax Lot: 292
  • Tax Book Number: 09774
  • Tax Map Number: 52
  • Tax Year: 2019
  • Tax Annual Amount: $2,916.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street
  • Parking: 5 - 10 Spaces, Off Street
  • Has Attached Garage: No
  • Garage Spaces: 1.0
  • Has Garage: Yes

Property

Lot Information
  • Lot Features: Well Landscaped, Open, Intown, Near Shopping, Near Turnpike/Interstate
  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 12632.4
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Public
  • SqFt Source: Public Records
  • Site: Open, Well Landscaped
Property and Assessments
  • Above Grade Finished Area: 4162.0
  • Building Area Total: 4162.0
  • Property Type: Multi-Family
  • Construction: Wood Frame
  • Year Built: 1890
Building Features
  • Construction Materials: Wood Siding, Clapboard, Wood Frame
  • Stories: 3
  • Stories Total: 3
Financial Information
  • List Price/SqFt: $24.03
Utilities
  • Heat Fuel: Gas Natural
  • # Heating Units: 5
  • # Water Heaters: 3
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric, Heat Pump
  • Utilities: Utilities On
  • Utilities On: Yes

Interior and Exterior Features

Exterior Features
  • Exterior: Clapboard, Wood Siding
  • Roof: Metal, Shingle
  • Driveway: Gravel
Interior Features
  • Bathrooms Full: 5
  • Bathrooms Total Decimal: 5.0
  • Bathrooms Total Integer: 5
  • Basement: Interior, Unfinished
  • Basement: Unfinished
  • Has Cooling: No
  • Heating: Radiator, Hot Water, Direct Vent Heater
  • Has Heating: Yes
  • Flooring: Wood, Vinyl, Laminate, Composition, Carpet

Multi Family

Multi Family Information
  • # of 2 BD Units: 5
  • Number Of Units Total: 5
Income & Expenses
  • Gross Income: $38,500.00
  • Operating Expense: $14,798.00

Unit Information

Unit 1
  • Num Full Baths: 1
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: Yes
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $758.00
  • Beds Total: 2
  • Rooms Total: 4
Unit 2
  • Num Full Baths: 1
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: Third
  • Security Deposit: No
  • Actual Rent: $700.00
  • Beds Total: 2
  • Rooms Total: 4
Unit 3
  • Num Full Baths: 1
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $700.00
  • Beds Total: 2
  • Rooms Total: 4
Unit 4
  • Num Full Baths: 1
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $700.00
  • Beds Total: 2
  • Rooms Total: 4
Unit 5
  • Num Full Baths: 1
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: No
  • Actual Rent: $800.00
  • Beds Total: 2
  • Rooms Total: 4

Rental

Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 271 Main Street

DateEvent & SourcePriceAppreciation
Oct 6, 2020

Sold

Maine Listings #1465968

$95,000—
Sep 3, 2020

Pending

Maine Listings #1465968

—
Aug 20, 2020

Listed (Active)

Maine Listings #1465968

$100,000—
DateEvent & SourcePrice
10/06/2020

Sold

Maine Listings #1465968

$95,000
09/03/2020

Pending

Maine Listings #1465968

—
08/20/2020

Listed (Active)

Maine Listings #1465968

$100,000

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

Public records

271 Main Street

Baths

5

Total Finished SqFt

4,162 SqFt

Above Grade Finished SqFt

4,162 SqFt

Stories

2

Lot Size

12,632 SqFt

Style

Multi-Family Res (5+ Units)

Schools near 271 Main Street

This home is within Waterville Public Schools.
Rating
School
Type
Grades
Distance
George J Mitchell School
Public - PK to 3
Albert S Hall School
Public - 4 to 5
Waterville Junior High School
Public - 6 to 8
Waterville Senior High School
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.