Active

Price cut: $10.9K (11/26)

$109,000

220 Water Street, Waterville, ME 04901

6beds

2,028sqft

Est.:

Multi Family

Built in 1880

-- sqft lot

$-- Zestimate^®

$54/sqft

$-- HOA

What's special

Spacious unit

This 2-unit duplex offers a fantastic opportunity for those looking to build equity through renovation. Each spacious unit features 2 bedrooms and 1 bath, providing excellent potential for strong rental income once updated. Both units are currently vacant, giving the new owner the flexibility to complete improvements at their own pace and choose tenants. Conveniently located near downtown Waterville, schools, shopping, and I-95, this property is perfect for an investor or owner-occupant ready to put in a little work and reap big rewards. Don't miss this chance to bring new life to a property with great bones and endless potential!

55 days

1,484

95

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Hot Water

Cooling

None

Features

Flooring: Laminate, Other, Vinyl, Wood
Basement: Interior Entry,Full,Unfinished

Interior area

Total structure area: 2,028
Total interior livable area: 2,028 sqft
Finished area above ground: 2,028
Finished area below ground: 0

Property

Parking

Parking features: Paved, 1 - 4 Spaces, Off Street

Features

Levels: Multi/Split

Lot

Size: 8,276.4 Square Feet
Features: City Lot, Open Lot, Sidewalks

Details

Parcel number: WAVLM034B067
Zoning: RC

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Roof: Composition

Condition

Year built: 1880

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Waterville

Financial & listing details

Price per square foot: $54/sqft
Tax assessed value: $127,500
Annual tax amount: $2,550
Date on market: 10/16/2025
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/26/2025	Price change	$109,000-9.1%$54/sqft
Source: Maine Listings #1641079 Report a problem
10/16/2025	Listed for sale	$119,900+10.2%$59/sqft
Source: Maine Listings #1641079 Report a problem
8/27/2025	Sold	$108,800+8.8%$54/sqft
Source: Public Record Report a problem
3/5/2025	Listing removed	$100,000$49/sqft
Source: Maine Listings #1591801 Report a problem
11/22/2024	Price change	$100,000+17.6%$49/sqft
Source: Maine Listings #1591801 Report a problem