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  • Price cut: $13K (6/22)
    $249,000

    63 Summer Street, Waterville, ME 04901

    4beds
    1,838sqft
    : 
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    Multi Family
    Built in 1910
    -- sqft lot
    $245,700 Zestimate®
    $135/sqft
    $-- HOA

    What's special

    New roofSpacious and updated bathroomCorner lot
    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.
    116 days
    |
    253
    |
    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Coldwell Banker Plourde Real Estate

    Source: Maine Listings,MLS#: 1653113MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Heat Pump, Hot Water
      Cooling
      • Heat Pump
      Features
      • 1st Floor Bedroom, Bathtub
      • Flooring: Laminate, Vinyl
      • Basement: Interior Entry,Walk-Out Access,Full,Unfinished,Brick/Mortar
      • Has fireplace: No
      Interior area
      • Total structure area: 1,838
      • Total interior livable area: 1,838 sqft
      • Finished area above ground: 1,838
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, 1 - 4 Spaces
      Features
      • Stories: 2
      Lot
      • Size: 7,840 Square Feet
      • Features: City Lot, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Corner Lot, Level
      Details
      • Parcel number: WAVLM039B169
      • Zoning: Residential
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: New Englander
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete, Brick/Mortar
      • Roof: Shingle
      Condition
      • Year built: 1910

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Utilities On

      Community & HOA

      Location
      • Region: Waterville

      Financial & listing details

      • Price per square foot: $135/sqft
      • Tax assessed value: $144,800
      • Annual tax amount: $3,048
      • Date on market: 3/3/2026
      • Road surface type: Paved

        Estimated market value

        $245,700

        $233,000 - $258,000

        $1,502/mo

        Price history

        DateEventPrice
        6/22/2026Price change$249,000-5%$135/sqft
        Source: Maine Listings #1653113 Report a problem
        5/14/2026Price change$262,000-3%$143/sqft
        Source: Maine Listings #1653113 Report a problem
        3/17/2026Price change$270,000-1.8%$147/sqft
        Source: Maine Listings #1653113 Report a problem
        3/3/2026Listed for sale$275,000+135%$150/sqft
        Source: Maine Listings #1653113 Report a problem
        1/15/2021Sold$117,000-1.7%$64/sqft
        Source: Maine Listings #1471685 Report a problem
        11/9/2020Pending sale$119,000$65/sqft
        Source: Century 21 Surette Real Estate #1471685 Report a problem
        10/20/2020Price change$119,000-8.4%$65/sqft
        Source: Century 21 Surette Real Estate #1471685 Report a problem
        10/6/2020Listed for sale$129,900+122.1%$71/sqft
        Source: Century 21 Surette Real Estate #1471685 Report a problem
        9/9/2016Sold$58,500-11.2%$32/sqft
        Source: Maine Listings #1046557 Report a problem
        4/27/2016Price change$65,900-5.7%$36/sqft
        Source: Affiliated Realty #1046557 Report a problem
        9/28/2015Listed for sale$69,900$38/sqft
        Source: Affiliated Realty #1046557 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,896 +0.5%$144,800
        2023$2,882 +47.9%$144,800 +92%
        2022$1,949 +1.4%$75,400
        2021$1,923 $75,400
        2020$1,923 -1%$75,400
        2019$1,942 +1.9%$75,400
        2018$1,905 +8.3%$75,400
        2017$1,759 +2.3%$75,400
        2016$1,719 -2.5%$75,400 +18.9%
        2015$1,763 +1.5%$63,400
        2014$1,737 $63,400
        2013$1,737 +6.8%$63,400
        2012$1,626 +18.9%$63,400 +14.3%
        2011$1,368 -10.6%$55,480 -12.5%
        2009$1,531 -1%$63,400
        2008$1,547 -5.8%$63,400
        2006$1,642 $63,400

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 04901

          Getting around

          49 / 100
          Car-Dependent
          23 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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