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Adam Dow

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

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8 Paul Ave , Waterville, ME 04901
$299,900
Est. Payment: $1,547.36/mo
0 Bed
2 Bath
1950 Sqft
Status: pending | Days on site: 9
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

First time ever on the market! Have you been searching for a turnkey investment property where you can live in one unit while your tenant helps pay your mortgage? If so, this could be the opportunity you've been waiting for. The first floor unit is vacant and features a spacious three bedroom layout with a large kitchen offering abundant cabinet space, an oversized living room, and three generously sized bedrooms. The primary bedroom includes a large walk-in closet, and the full bathroom features a beautiful tiled shower. Upstairs you'll find an updated one bedroom apartment with an unfinished area directly beside it that offers the potential to be converted into a three bedroom unit, similar to the first floor layout. Both apartments have access to the inviting front porch, the perfect place to enjoy your morning coffee. One of the standout features is the location. Situated at the end of a quiet dead end street on a rare double lot, the property offers an expansive yard with plenty of space for outdoor activities, making it even more attractive to both owners and tenants. Conveniently located across the street from Temple Academy and within walking distance to Waterville Junior High School and Pine Ridge Golf Course. You'll also be just minutes from Colby College, Thomas College, Interstate 95, and downtown Waterville. Additional highlights include a durable metal roof, newer furnace, and low maintenance vinyl siding in excellent condition. Investment properties with this combination of location, condition, and future potential rarely become available. Don't miss your opportunity to own this one of a kind property!

Highlights

Listed by Corey Lee , 207-314-8443 Real Broker , 207-272-3954. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.34

Year Built

1955

County

Kennebec

Listing ID

1670599

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Floor:Vinyl,Wood,Linoleum
Above Ground Sq Ft:1950
Below Ground Sq Ft:0
Basement:Interior Entry,Full,Sump Pump,Unfinished
Other:1st Floor Bedroom,Bathtub
Other:Public

Exterior Features

Lot:Near Country Club,Near Golf Course,Near Turnpike/Interstate,Near Town,Open Lot,Landscaped,Wooded
Zoning:R-C
Roof:Metal
Sewer:Quasi-Public
Parking Features:Paved,1 - 4 Spaces,On Site
Principal Interest
$1,547
Taxes
$307

Home Price

$299,900

Loan Details

30 yrs
6.695%

Down Payment

20%
$59,980
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:
$1,547.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,547.36 $307.00 $0.00 $1,854.36
Yearly $18,568.26 $3,684.00 $0.00 $22,252.26
Total $557,047.90 $110,520.00 $0.00 $667,567.90

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: 2026-08-02T05:33:23.000Z

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