59 Water Street

Waterville, ME 04901

$220,000
Price
5
Beds
2
Baths
1,672 Sq. Ft.
$132 / Sq. Ft.
1,672
Sq. Ft.
$132
per Sq. Ft.

Description

Attention investors! This large duplex in the heart of Waterville is the perfect blend of functionality and cashflow. Each unit features 2 bedrooms, 1 bathroom, and spacious living areas. There is also a massive attached garage/workshop for convenience and storage, perfect for a handyman or owner-occupant. The current owner has had both units renovated, the roof re-flashed and re-painted, front porch painted, and foundation worked on. The driveway allows for ample parking, and there is direct access...Attention investors! This large duplex in the heart of Waterville is the perfect blend of functionality and cashflow. Each unit features 2 bedrooms, 1 bathroom, and spacious living areas. There is also a massive attached garage/workshop for convenience and storage, perfect for a handyman or owner-occupant. The current owner has had both units renovated, the roof re-flashed and re-painted, front porch painted, and foundation worked on. The driveway allows for ample parking, and there is direct access from both Veteran Ct and Water St. Conveniently located minutes from downtown, schools, hospitals, stores and I-95. This amazing investment opportunity is waiting for you! Buyer/buyer's agent to do own due diligence.
  1. Listed by Maxwell Hopper • Four Points Real Estate, LLC

Property Details for 59 Water Street

Waterfront
No
Waterfront Features
River
ArchitecturalStyle
Multi-Level
Garage Spaces
1.00
Garage
Yes
Zoning
Residential

Location

Listing Courtesy of Four Points Real Estate, LLC
Add your commute
LISTING UPDATED: 04/22/2024 12:19 PM

Property Details for 59 Water Street

StatusActive
MLS #1586331
Days on Market38
Taxes$1,578 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.15 AC / 6,534 SF
CountyKennebec County

Location

Listing Courtesy of Four Points Real Estate, LLC
Add your commute

Building Information for 59 Water Street

Stories2Residences2Year Built1900Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,332 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,201

Property Taxes

$132

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 59 Water Street

Summary
Location and General Information
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Kennebec River
  • Zip Code: 6435
  • Directions: Located on the corner of Water Street and Veteran Court.
  • Town: Waterville
  • State/Province: ME
  • Zip Code: 04901
  • County: Kennebec
  • Geo Latitude: 44.543225
  • Geo Longitude: -69.634269
  • Tax Lot: 000
  • Site:Corner Lot: Yes
  • Site:Sidewalks: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved, Common, Carport, Off Street, Storage
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 13214
  • Tax Block: 267
  • Tax Map Number: 039
  • Tax Year: 2023
  • Parcel Number: WAVL-000039-000000-000267
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $1,578.00
School Information
  • School District: Waterville Public Schools
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Tank: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1672.0
  • Lot Size Acres: 0.15
  • Source of Acreage: Public Records
  • Building Area Total: 1672.0
  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6534.0
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 59
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed: All
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: White
  • Property Information:Source of Road Frontage: Other
  • Property Information:Road Front Other Source: Rough measurement
Parking
  • Driveway:Common: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Documents Available: Deed Public Access, Property Disclosure Public Access, Lead Paint Addendum Member Only
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:1 Car: Yes
  • Vehicle Storage:Carport: Yes
  • Roof: Metal
  • Vehicle Storage:Storage Above: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
Interior Features
  • Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Flooring: Wood, Vinyl, Tile, Concrete, Carpet
  • Interior Features: Bathtub, Storage
  • Cooling: None
  • Heating: Hot Water, Baseboard
  • Foundation Details: Brick/Mortar
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $21,860.00
  • Operating Expenses: $14,635.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $950.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: No
  • Unit 1:Refrigerator: No
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $950.00
  • 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: Yes
  • 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: Yes
  • Unit 2:Water: Yes
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 59 Water Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 59 Water Street

Taxable ValueLand$7,700Additions$71,600Total$79,300
Tax Record2023$1,578 ($132 / month)
Home Facts
Baths2Total Finished SqFt1,672 SqFtAbove Grade Finished SqFt1,672 SqFtStories2Lot Size6,534 SqFtStyleDuplexYear Built1900CountyKENNEBECAPNWAVL M:039 B:267

Schools near 59 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

59 Water Street is a multi-family home for sale in Waterville, ME 04901. This property was listed for sale on April 13, 2024 by Four Points Real Estate, LLC, it's currently listed at $220,000. It has been on the market for a total of 38 days and was last sold on November 30, 2005. 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. 59 Water Street is a 5-bed, 2-bath, 1,672 sqft multi-family home built in 1900.

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. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Four Points Real Estate, 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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.