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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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5 Collette St , Waterville, ME 04901
$185,000
Est. Payment: $954.52/mo
0 Bed
3 Bath
1904 Sqft
Status: active | Days on site: 241
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Sam Prindle , 207-740-0596 Tim Dunham Realty , 207-729-7297. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1947

County

Kennebec

Listing ID

1640642

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Floor:Wood,Vinyl
Above Ground Sq Ft:1904
Below Ground Sq Ft:0
Basement:Interior,Walk-Out Access,Finished,Unfinished
Other:Public

Exterior Features

Lot:Intown,Near Golf Course,Near Shopping,Near Turnpike/Interstate,Neighborhood,Suburban
Zoning:Residential
Roof:Shingle
Sewer:Public Sewer
Parking Features:1 - 4 Spaces,Paved,Off Street
Principal Interest
$955
Taxes
$286

Home Price

$185,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$37,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$954.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $954.52 $286.00 $0.00 $1,240.52
Yearly $11,454.25 $3,432.00 $0.00 $14,886.25
Total $343,627.42 $102,960.00 $0.00 $446,587.42

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Waterville, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


IDX service by Blueroof 360

Data last updated: 2026-08-02T07:29:11.000Z

© 2026 Maine Real Estate Information System, Inc.

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