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About This Home

This 0-bedroom, 0-bathroom residential multi family at 5 Collette Street in Waterville, ME is listed for $185,000 ($97 per sqft). Built in 1947, the home offers 1,904 sqft of living space on a 0.14 acres lot.

Agent Description

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.

Key Features

  • Built in 1947
  • 0.14 acre lot

Property Details

2 full, 1 half
1947

Monthly Cost Estimate

$989/mo

20% down · 6.5% · 30 years

Principal$134
Interest$802
Insurance$54

Estimates only. Actual payments may vary.

Location

5 Collette Street

Waterville, ME 04901

Property Details

Flooring

VinylWood

Construction

Aluminum Siding Wood Frame

Parking

Off Street

Heating

Baseboard

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 5 Collette Street is listed at $185,000 ($97/sqft). The estimated monthly payment is $802 based on 20% down at 6.5% interest.

Key features include: Built in 1947, 0.14 acre lot.

This property is listed by Sam Prindle and can be reached at 2077400596 or sam@dunhamrealty.com.

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SP

Sam Prindle

Agent at Tim Dunham Realty

(207) 740-0596

Listed by Tim Dunham Realty · View on Broker Site

MLS# 1640642· Source: listhub· Updated today

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5 Collette Street, Waterville, ME 04901

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