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Adam Dow

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

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63 Summer St , Waterville, ME 04901
$190,000
Est. Payment: $422.22/mo
0 Bed
2 Bath
1838 Sqft
Status: Active | Days on site: 195
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1114 - 017486
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House Description

Investor? Homeowner? You could be one - or both! In a market where everyone is worried about interest rates, this home offers the perfect financial advantage: it has the proven ability to pay for itself. This charming and well maintained, in-town, two-unit will provide you the opportunity to be a homeowner, and to start your investment portfolio, if you choose to. Or make a worthy addition to your current one. This home has two separate, 2-bedroom, 1-bath units. The first-floor unit has been renovated, providing a spacious and updated bathroom, a modern kitchen with new stainless-steel appliances and heat pumps for efficient cooling and heating. The second unit can also be used as an executive home office, an in-law suite, or let your tenant build your equity for you. The home has a new roof, and a full basement with both interior and walk-out access. Use this area as your personal workshop, storage space, or creative studio. Fittingly, you will have plenty of paved, off-street parking available for you and your tenants. Conveniently located with easy access to I-95, this corner lot is just a short walk to and from downtown Waterville's shops, bars, and restaurants. Going in the other direction... enjoy a walk through a quiet, friendly neighborhood. This is your chance to own an asset; and for the savvy buyer, think bigger. After two years, your documented rental income from this property can be used to help you secure your next investment. Don't just buy a house-invest in a smarter future. Schedule your private showing today and see what it feels like to own the house that pays you back. Investors: Fully rented and ready to start generating income from day one. Homeowners: Live in the spacious downstairs unit, let your tenant build your equity for you.

Highlights

Listed by Robbin Eusebio , 207-632-3922 Coldwell Banker Plourde Real Estate , 207-872-7650.

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1910

County

Kennebec

Listing ID

1653113

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Internet Access Available
Air Cond:Heat Pump
Fireplaces:
Floor:Laminate,Vinyl
Above Ground Sq Ft:1838
Below Ground Sq Ft:0
Basement:Interior Entry,Walk-Out Access,Full,Unfinished,Brick/Mortar
Other:
  • Additional:1st Floor Bedroom, Bathtub
Water:Public

Exterior Features

Lot:Intown,Near Country Club,Near Golf Course,Near Shopping,Near Turnpike/Interstate,Neighborhood,Corner Lot,Level
Zoning:Residential
Roof:Shingle
Others:
  • Additional:Nearby, River/Brook/Stream
Sewer:Public Sewer
Parking Features:Paved,1 - 4 Spaces
Principal Interest
$422
Taxes
$254

Home Price

$190,000

Loan Details

30 yrs
%

Down Payment

20%
$38,000
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:
$422.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $422.22 $254.00 $0.00 $676.22
Yearly $5,066.67 $3,048.00 $0.00 $8,114.67
Total $152,000.00 $91,440.00 $0.00 $243,440.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.