5 Collette Street, Waterville, ME 04901
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
5 Collette Street,Waterville, ME 04901
$185,000
- - Beds
- 3 Baths
- 1,904 sq. ft.
- Multi-family
- Active
Office: tim dunham realty207-729-7297
MLS#:1640642
Source:ME_MREIS
Price summary
- Price:$185,000
- Price per sq. ft.:$97.16
About this home
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....
Contact an agent
Home facts
- Year built:1947
- Listing ID #:1640642
- Updated:August 13, 2026 at 10:32 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Vinyl, Wood
- Basement Description:Finished, Interior Entry, Unfinished, Walk-Out Access
- Living area:1,904 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Heating
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:1,904 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Suburban
- Construction Materials:Aluminum Siding, Wood Frame
- Foundation Description:Poured Concrete
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$185,000
- Price per sq. ft.:$97.16
- Tax amount:$3,432 (2024)
Parking
- Parking description:1 - 4 Spaces, Off street, Paved
- Garage:Yes
- Garage spaces:2
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