Duplex. One first floor unit, one second floor unit. Many updates since 2018. Two 3 bedroom, 1 bath units. Currently rented at $1,200 and $1,400. Market rate is likely $1,500 for each unit. Tenant who pays $1,200 currently does lawn care and snow removal. Photos are from before current tenants occupied. Needs to have the chimney re-topped, received an estimate for $2,300 for this. Needs new posts and beam on porch. Willing to increase purchase price to escrow for repairs or potentially have the repairs done prior to closing. Willing to increase purchase price to include buyer's realtor commission. May be willing to hold paper to help with part of the down payment for the right borrower.
Closed
$215,000
1 Preston Street, Waterville, ME 04901
6beds
2,000sqft
Multi Family
Built in 1910
-- sqft lot
$236,900 Zestimate®
$108/sqft
$1,726 Estimated rent
Home value
$236,900
$180,000 - $310,000
$1,726/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 17, 2025 at 07:09pm
Listed by:
OwnerEntry.com
Bought with:
Waypoint Brokers Collective
Source: Maine Listings,MLS#: 1590545
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Vinyl
- Basement: Interior Entry,Walk-Out Access,Full,Unfinished
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
- Finished area above ground: 2,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, 1 - 4 Spaces
- Garage spaces: 2
Features
- Levels: Multi/Split
Lot
- Size: 0.25 Acres
- Features: City Lot, Open Lot, Sidewalks
Details
- Parcel number: WAVLM039B177
- Zoning: r
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Other
- Foundation: Stone
- Roof: Metal,Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Waterville
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2025 | Listing removed | $1,650$1/sqft |
Source: Zillow Rentals | ||
| 5/28/2025 | Listed for rent | $1,650$1/sqft |
Source: Zillow Rentals | ||
| 7/11/2024 | Sold | $215,000+8%$108/sqft |
Source:  Maine Listings #1590545 | ||
| 6/11/2024 | Pending sale | $199,000$100/sqft |
Source: Maine Listings #1590545 | ||
| 5/22/2024 | Price change | $199,000+2.1%$100/sqft |
Source: Maine Listings #1590545 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,976 +0.5% | $148,800 |
| 2023 | $2,961 +48.6% | $148,800 +93% |
| 2022 | $1,993 +1.4% | $77,100 |
Find assessor info on the county website
Neighborhood: 04901
Nearby schools
GreatSchools rating
- 5/10Albert S Hall SchoolGrades: 4-5Distance: 0.6 mi
- 5/10Waterville Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Waterville Senior High SchoolGrades: 9-12Distance: 0.7 mi
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