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    5 Collette St Waterville, ME 04901

    For Sale
    $185,000

    MULTI_FAMILY - Waterville, ME

    Property size:
    1,904 SF
    Lot size:
    0.14 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 5 Collette St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 3, Bathroom 2
    Parking features
    Off Street
    Basement
    Finished, Unfinished, Walk-Out Access
    Size
    1,904 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1947
    Number of units
    2
    Flooring type
    Vinyl, Wood
    Building materials
    Aluminum Siding, Wood Frame
    Roof type
    Shingle

    Tim Dunham Realty (207) 729-7297 [email protected]

    Listing agent Sam Prindle (207) 729-7297

    Listing date Oct 29, 2025

    MLS# 1640642 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterville Two-Unit Investment Opportunity

    This two-unit property in Waterville, Maine, is an investment opportunity for investors, contractors, or owner-occupants. Located in a neighborhood close to shopping, schools, and commuter routes, the property offers potential for improvement. Each unit features a functional layout, providing flexibility for future rental income or multi-generational living. The building requires repairs and updates, but the property's neighborhood setting and structure make it suited for renovation and long-term return on investment. The property has two separate units with income potential, off-street parking, and flexible floor plans offering renovation and customization opportunities. The lot size is 0.14 acres and the property size is 1904 square feet. The property is being sold as-is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.651099
    Latitude
    44.53996

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    FAQs

    What type of property is this?
    Duplex - Two-unit property in Waterville, Maine, with renovation potential.
    Where is this duplex located?
    The property is located at 5 Collette St Waterville, ME.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Two separate units offer strong income potential or multi-generational living.; - Convenient location near shopping, schools, and commuter routes.; - Off-street parking available.
    (207) 729-7297
    Request Owner's contact information
    5 Collette St Waterville, ME 04901
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    Waterville, ME 04901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Collette St Waterville, ME 04901
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