Price Reduced 7.50%

$185,000

Est. Mortgage $0/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

Price History

$150,000
10/12/2025

$200,000
10/20/2025

$185,000
10/29/2025

5 Collette Street, Waterville, ME, 04901

5 Collette Street, Waterville, ME, 04901
View larger map Directions

2 Full / 1 Half baths

1947

Other

1,904 sqft

Excellent Investment Opportunity - Two-Unit Property with Strong Potential This two-unit property presents a fantastic opportunity for investors, contractors, or owner-occupants seeking a value-add project. Situated in a convenient Waterville neighborhood close to shopping, schools, and commuter routes, this property offers solid fundamentals and ample room for improvement. Each unit features a functional layout, providing flexibility for future rental income or multi-generational living. While the building requires repairs and updates, the property's neighborhood setting and structure make it well suited for renovation and long-term return on investment. Property Highlights: Two separate units with strong income potential Convenient neighborhood setting with easy access to amenities Off-street parking Flexible floor plans offering renovation and customization opportunities Priced to reflect needed improvements This is an ideal opportunity to build equity and create value through thoughtful upgrades. Property is being sold as-is. Price is firm.

Status:

Active

Type:

Multi-family

Furnished Remarks:

Unfurnished

Units:

2

Zoning:

Residential

Frontage:

60

Garage:

2-car

Heating:

Baseboard

Cooling:

None

Basement:

Interior, Walk-Out Access, Finished, Unfinished

Parking:

1 - 4 Spaces, Paved, Off Street

Acreage:

0.14

Est. Taxes:

$3,432

Construction

Aluminum Siding, Wood Frame

Lot Description:

Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Suburban

MLS #:

1640642

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

$180,000

2.5 baths

1,722 sqft

387 Broadway, Bangor, ME, 04401

$199,900

2 baths

1,632 sqft

12 Gold Street, Waterville, ME, 04901

Price Reduced!

$199,900

2.5 baths

2,400 sqft

18/20 Beech Street, East Millinocket, ME, 04430

Price Reduced!

$185,000

3 baths

1,980 sqft

95 Morneault Road, Grand Isle, ME, 04746

Price Reduced!

$188,000

2 baths

2,509 sqft

140 Togus Road, Chelsea, ME, 04330

$199,000

2 baths

1,400 sqft

68 W West Broadway, Lincoln, ME, 04457

$175,000

4 baths

2,590 sqft

188 S Perley Brook Road, Fort Kent, ME, 04743

Price Reduced!

$199,000

2 baths

2,048 sqft

49 Mill Street, Dexter, ME, 04930

Price Reduced!

$175,000

2 baths

1,745 sqft

25 Pray Street, Gardiner, ME, 04345

Price Reduced!

$189,900

2 baths

1,224 sqft

348-350 Lakeview Road, Glenburn, ME, 04401

$200,000

3 baths

2,000 sqft

29 Halifax Street, Winslow, ME, 04901

$199,900

2 baths

1,296 sqft

207 Warren Street, Bangor, ME, 04401

Price Reduced!

$199,900

2 baths

2,628 sqft

40 Winter Street, Waterville, ME, 04901

Price Reduced!

$200,000

2 baths

2,484 sqft

83 Commercial Street, Hartland, ME, 04943

$190,000

4 baths

3,536 sqft

26 Church Street, Jay, ME, 04239

$174,900

2 baths

1,182 sqft

13 Lowell Street, Calais, ME, 04619

New or Coming Soon Properties

New Listing!

$165,000

2 baths

1,944 sqft

26 Jenkins Road, Penobscot, ME, 04476


Listing courtesy of Tim Dunham Realty 207-729-7297