5 Collette St
Description
This two-unit property presents a fantastic opportunity for investors, contractors, or owner-occupants seeking a value-add project. Situated in a convenient Waterville neighborhood close to shopping, schools, and commuter routes, this property offers solid fundamentals and ample room for improvement. Each unit features a functional layout, providing flexibility for future rental income or multi-generational living. While the...Excellent Investment Opportunity - Two-Unit Property with Strong Potential
This two-unit property presents a fantastic opportunity for investors, contractors, or owner-occupants seeking a value-add project. Situated in a convenient Waterville neighborhood close to shopping, schools, and commuter routes, this property offers solid fundamentals and ample room for improvement. Each unit features a functional layout, providing flexibility for future rental income or multi-generational living. While the building requires repairs and updates, the property's neighborhood setting and structure make it well suited for renovation and long-term return on investment. Property Highlights:
Two separate units with strong income potential
Convenient neighborhood setting with easy access to amenities
Off-street parking
Flexible floor plans offering renovation and customization opportunities
Priced to reflect needed improvements
This is an ideal opportunity to build equity and create value through thoughtful upgrades. Property is being sold as-is. Price is firm.
- Listed by Sam Prindle • Tim Dunham RealtyP: (207)-740-0596 C: (207)-740-0596 sam@dunhamrealty.com
Property Details for 5 Collette Street
Property Details for 5 Collette Street
| Status | Active |
|---|---|
| MLS # | 1640642 |
| Days on Market | 262 |
| Taxes | $3,432 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1947 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | Kennebec County |
Location
Building Information for 5 Collette Street
Payment Calculator
$1,208 per month
30 year fixed, 6.36% Interest
$922
$286
$0
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 5 Collette Street
- Water View: No
- Location: Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Suburban
- Page: 61
- Directions: GPS to 5 Collette Street, Waterville
- Latitude: 44.539957
- Longitude: -69.651109
- Association: No
- Parcel Number: WAVL-000038-000000-000022
- Tax Lot: 22
- Tax Book Number: 8456
- Tax Map Number: 38
- Tax Year: 2024
- Tax Annual Amount: $3,432.00
- Parking Features: 1 - 4 Spaces, Paved, Off Street
- Parking: 1 - 4 Spaces, Off Street
- Vehicle Storage: 2 Car
- Has Attached Garage: No
- Garage Spaces: 2.0
- Has Garage: Yes
- Lot Features: Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Suburban
- Lot Size Acres: 0.14
- Lot Size Area: 0.14
- Lot Size Source: Public Records
- Lot Size Square Feet: 6098.4
- Lot Size Units: Acres
- 2 Detached Houses on 1 Lot: No
- Roads: Paved, Public
- Road Surface Type: Paved
- Has Road Frontage: Yes
- Road Frontage: 60.0
- Source of Road Frontage: Public Records
- SqFt Source: Public Records
- Tree Growth: No
- Site: Other Site
- Above Grade Finished Area: 1904.0
- Building Area Total: 1904.0
- Property Type: Multi-Family
- Deed: All
- Deed/Conveyance Type Offered: Personal Rep
- Construction: Wood Frame
- Year Built: 1947
- Levels: Multi-Level
- Foundation Details: Concrete Perimeter
- Foundation Materials: Poured Concrete
- Construction Materials: Aluminum Siding, Wood Frame
- List Price/SqFt: $97.16
- Heat Fuel: Electric
- Electric: Circuit Breakers
- Gas: No Gas
- Sewer: Public Sewer
- Water Source: Public
- Water Heater: Electric
- Exterior: Aluminum Siding
- Roof: Shingle
- Driveway: Paved
- Bathrooms Full: 2
- Bathrooms Half: 1
- Bathrooms Total Decimal: 2.5
- Bathrooms Total Integer: 3
- Basement: Interior, Walk-Out Access, Finished, Unfinished
- Has Cooling: No
- Heating: Baseboard
- Has Heating: Yes
- Flooring: Wood, Vinyl
- # of 2 BD Units: 2
- Number Of Units Total: 2
- Land Lease: No
- Occupant Type: No
Property History for 5 Collette Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 29, 2025 | Price Change Maine Listings #1640642 | $185,000 | — |
| Oct 12, 2025 | Listed (Active) Maine Listings #1640642 | $150,000 | — |
| Jan 18, 2024 | Expired Maine Listings #1565719 | $150,000 | — |
| Jul 18, 2023 | Listed (Active) Maine Listings #1565719 | $195,000 | — |
| Mar 24, 2005 | Expired Maine Listings #722902 | $133,900 | — |
| Sep 24, 2004 | Listed (Active) Maine Listings #722902 | $133,900 | — |
| Aug 1, 2002 | Expired Maine Listings #539831 | $94,900 | — |
| Feb 1, 2002 | Listed (Active) Maine Listings #539831 | $94,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/29/2025 | Price Change Maine Listings #1640642 | $185,000 |
| 10/12/2025 | Listed (Active) Maine Listings #1640642 | $150,000 |
| 01/18/2024 | Expired Maine Listings #1565719 | $150,000 |
| 07/18/2023 | Listed (Active) Maine Listings #1565719 | $195,000 |
| 03/24/2005 | Expired Maine Listings #722902 | $133,900 |
| 09/24/2004 | Listed (Active) Maine Listings #722902 | $133,900 |
| 08/01/2002 | Expired Maine Listings #539831 | $94,900 |
| 02/01/2002 | Listed (Active) Maine Listings #539831 | $94,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 5 Collette Street
Schools near 5 Collette Street
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.
Similar Homes
Explore Nearby Homes
- China Homes for Sale
- Unity Township Homes for Sale
- Benton Homes for Sale
- Unity Center Homes for Sale
- Hibberts Homes for Sale
- Water Street Historic District Homes for Sale
- Chelsea Homes for Sale
- Fayette Homes for Sale
- Waldo Homes for Sale
- Chisholm Homes for Sale
- Lakes & Mountains Homes for Sale
- Brighton Homes for Sale
- Central Somerset Homes for Sale
- Perkins Homes for Sale
- East Central Franklin Homes for Sale
- Albion Homes for Sale
- Winslow Homes for Sale
- Waterville Homes for Sale
- Vassalboro Homes for Sale
- Sidney Homes for Sale
- Oakland Homes for Sale
- Fairfield Homes for Sale
- Clinton Homes for Sale
- Unity Homes for Sale
- Burnham Homes for Sale
- Belgrade Homes for Sale
- South China Homes for Sale
- Freedom Homes for Sale
- Smithfield Homes for Sale
- Palermo Homes for Sale
- 04963 Homes for Sale
- 04988 Homes for Sale
- 04330 Homes for Sale
- 04358 Homes for Sale
- 04910 Homes for Sale
- 04927 Homes for Sale
- 04989 Homes for Sale
- 04937 Homes for Sale
- 04917 Homes for Sale
- 04922 Homes for Sale
- 04941 Homes for Sale
- 04978 Homes for Sale
- 04354 Homes for Sale
- 04967 Homes for Sale
- 04924 Homes for Sale
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 Tim Dunham Realty
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.
