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.
Active
Price cut: $13K (6/22)
$249,000
63 Summer Street, Waterville, ME 04901
4beds
1,838sqft
Multi Family
Built in 1910
-- sqft lot
$245,700 Zestimate®
$135/sqft
$-- HOA
What's special
New roofSpacious and updated bathroomCorner lot
- 116 days |
- 253 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Plourde Real Estate
Source: Maine Listings,MLS#: 1653113
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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
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $249,000-5%$135/sqft |
Source: | ||
| 5/14/2026 | Price change | $262,000-3%$143/sqft |
Source: | ||
| 3/17/2026 | Price change | $270,000-1.8%$147/sqft |
Source: | ||
| 3/3/2026 | Listed for sale | $275,000+135%$150/sqft |
Source: | ||
| 1/15/2021 | Sold | $117,000-1.7%$64/sqft |
Source: | ||
| 11/9/2020 | Pending sale | $119,000$65/sqft |
Source: Century 21 Surette Real Estate #1471685 Report a problem | ||
| 10/20/2020 | Price change | $119,000-8.4%$65/sqft |
Source: Century 21 Surette Real Estate #1471685 Report a problem | ||
| 10/6/2020 | Listed for sale | $129,900+122.1%$71/sqft |
Source: Century 21 Surette Real Estate #1471685 Report a problem | ||
| 9/9/2016 | Sold | $58,500-11.2%$32/sqft |
Source: | ||
| 4/27/2016 | Price change | $65,900-5.7%$36/sqft |
Source: Affiliated Realty #1046557 Report a problem | ||
| 9/28/2015 | Listed for sale | $69,900$38/sqft |
Source: Affiliated Realty #1046557 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $63,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 5/10Albert S Hall SchoolGrades: 4-5Distance: 0.6 mi
- 5/10Waterville Junior High SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Waterville Senior High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Kennebec County
- Waterville
- 04901
- 63 Summer Street







