Sold
Last Sold Price
4,530 sqft$146/sqft
4 Spring Pl, Waterville, ME 04901
Multi FamilyProperty Type
8,712 sq ftLot Size
1920Year Built
$146/sq ftPrice per sq ft

Description

Fully occupied 9 unit Downtown Waterville located within an opportunity zone. Recent updates in 2021 include natural gas conversion, new heating systems, electrical updates, paint and flooring throughout. Separated heat and electricity. Strong occupancy and rental history. Minutes to Colby, Thomas, and area Hospitals.Fully occupied 9 unit Downtown Waterville located within an opportunity zone. Recent updates in 2021 include natural gas conversion, new heating systems, electrical updates, paint and flooring throughout. Separated heat and electricity. Strong occupancy and rental history. Minutes to Colby, Thomas, and area Hospitals.
  • Listed by: Matthew Boulerice 207.714.0435 matthewboulerice@nergmaine.com • New England Realty Group LLC
Listing closed: 04/16/2024 12:00 AM • Source: Maine Listings, MLS#: 1580982

Recent comparable sales

Median sold price

$427,000

Avg days on market

27

Sale-to-list ratio

95.2%

Waterville, ME

9 comparable properties found

$525,000 | 276 Main Street, Waterville, ME 04901
1/2
1

$525,000

Sold 04/18/25

Unavailable
Bedrooms
5,657
Square Feet
0.34
Acres
$525,000 | 172 College Avenue, Waterville, ME 04901
1/3
2

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Sold 04/18/25

Unavailable
Bedrooms
5,848
Square Feet
0.2
Acres
$427,000 | 36 Silver Street, Waterville, ME 04901
1/51
3

$427,000

Sold 04/10/26

Unavailable
Bedrooms
4,564
Square Feet
0.72
Acres
$398,000 | 2 Elm Street, Waterville, ME 04901
1/30
4

$398,000

Sold 11/06/24

Unavailable
Bedrooms
4,636
Square Feet
0.57
Acres
$545,000 | Undisclosed Address, Waterville, ME 04901
1/15
5

$545,000

Sold 05/21/26

Unavailable
Bedrooms
3,396
Square Feet
0.03
Acres
$155,000 | Undisclosed Address, Waterville, ME 04901
1/16
6

$155,000

Sold 06/15/26

Unavailable
Bedrooms
4,172
Square Feet
0.16
Acres
$340,000 | 12 West Street, Waterville, ME 04901
1/2
7

$340,000

Sold 04/29/25

Unavailable
Bedrooms
4,723
Square Feet
0.16
Acres
8

$575,000

Sold 01/02/26

Unavailable
Bedrooms
2
Bathrooms
4,840
Square Feet
0.54
Acres
$320,000 | 52 Silver Street, Waterville, ME 04901
1/6
9

$320,000

Sold 10/10/24

Unavailable
Bedrooms
3,804
Square Feet
0.23
Acres

Location

Listing Courtesy of New England Realty Group LLC

Sold By Keller Williams Realty

Add your commute

Payment Calculator

$3,852 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,355

Property Taxes

$498

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4 Spring Place

Property Details
  • Taxes: $5,970 / year
  • MLS Type: Multi-Family
  • Has Waterfront: No
  • Zoning: CA
Building Information
  • Residences: 9
  • Year Built: 1920
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Near Turnpike/Interstate
  • Page: 285-286
  • Latitude: 44.548699
  • Longitude: -$69.63
Taxes and HOA
  • Association: No
  • Parcel Number: WAVL-000044-000000-000155
  • Tax Lot: 155
  • Tax Book Number: 13912
  • Tax Map Number: 44
  • Tax Year: 2024
  • Tax Annual Amount: $5,970.00
Parking
  • Parking Features: Common, 11 - 20 Spaces
  • Parking: 11 - 20 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Intown, Near Shopping, Near Turnpike/Interstate, Open Lot
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Roads: Private Road, Public
  • Road Frontage Type: Private Road
  • SqFt Source: Public Records
  • Site: Open
Property and Assessments
  • Above Grade Finished Area: 4530.0
  • Building Area Total: 4530.0
  • Property Type: Multi-Family
  • Construction: Wood Frame
  • Year Built: 1920
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Construction Materials: Wood Frame, Asbestos
Financial Information
  • List Price/SqFt: $143.49
Utilities
  • Heat Fuel: Gas Natural, Propane
  • Electric: Circuit Breakers
  • Gas: Bottled, Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Asbestos
  • Roof: Metal
  • Driveway: Common
Interior Features
  • Bathrooms Full: 9
  • Bathrooms Total Decimal: 9.0
  • Bathrooms Total Integer: 9
  • Basement: Interior Entry, Full, Unfinished
  • Basement: Full, Unfinished
  • Has Cooling: No
  • Heating: Gas Natural, Propane, Direct Vent Furnace
  • Has Heating: Yes
  • Flooring: Vinyl, Wood
Multi Family
Multi Family Information
  • # of 1 BD Units: 8
  • # of 2 BD Units: 1
  • Number Of Units Total: 9
Income & Expenses
  • Gross Income: $93,120.00
  • Operating Expense: $19,735.00
Rental
Rent Information
  • Land Lease: No

Property History for 4 Spring Place

DateEvent & SourcePriceAppreciation
Apr 16, 2024

Sold (Public Record)

Public Record #1531043610

$660,000
Apr 16, 2024

Sold

Maine Listings #1580982

$660,000
Feb 3, 2024

Pending

Maine Listings #1580982

DateEvent & SourcePrice
04/16/2024

Sold (Public Record)

Public Record #1531043610

$660,000
04/16/2024

Sold

Maine Listings #1580982

$660,000
02/03/2024

Pending

Maine Listings #1580982

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

Public Records for 4 Spring Place

Taxable ValueLand$28,500Additions$381,800Total$410,300
Tax Record2025$6,975 ($581 / month)
Home Facts
Baths9Total Finished SqFt4,530 SqFtAbove Grade Finished SqFt4,530 SqFtStories3Lot Size8,712 SqFtStyleMulti-Family Res (5+ Units)Year Built1920Year Renovated1920CountyKENNEBECAPNWAVL M:044 B:155

Schools near 4 Spring Place

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4 Spring Place, Waterville, ME 04901
$660,000
4,530
8,712
$39,900
1
500
1,306
$360,000
2,910
7,405
$260,000
1,434
1,306
$260,000
2,476
4,356
$220,000
1,800
3,484

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 New England Realty Group LLC

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.