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Bean Group
Offered at $209,000Pending
beds
—
baths
2
sq ft
2,346
Built
1910

55 Western Avenue

Waterville, ME 04901

About this home

Exceptional opportunity with this updated multi-family property offering untapped potential. Bulid instatnt equity in this property by completing the finishing touches on the unfinished unit. This property is currently vacant and easy to show, providing the new owners endless opportunities. The home features two spacious units—one renovated and move-in ready, and the other primed for the next owner's finishing touches. Unit B offers two bedrooms and one full bath, showcasing a complete renovation that includes new drywall, fresh paint, an all-new kitchen with cabinets and sink, a fully updated bathroom, new flooring throughout, and convenient washer/dryer hookups in the utility room. Unit A includes three-four bedrooms and one bath and has been fully primed and prepped for the next owner. This unit features some new upgrades, but is awaiting finishing touches to make it your own. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio with strong rental potential, this property offers flexibility. Set up your showing today!

Listing last checked: Listing updated:

Listed by Listing Agent · Hearth & Key Realty · MLS #1680682

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Details at a glance

Interior3 property facts
Heating
Oil, Forced Air
Cooling
None
Flooring
Other, Tile, Vinyl, Wood, Hardwood
Building4 property facts
Style
Other
Year built
1910
Garage
0
Roof
Metal, Shingle
Land & utilities4 property facts
Lot size
0.21 acres
Water
Public
Sewer
Public Sewer
Zoning
RB
Financial2 property facts
Annual taxes
$3,507
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $209,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,349 / monthAdjust
Principal & interest
$1,057
Property tax
$292
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,507. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 55 Western Avenue

Can I request a private showing?

Request a tour of 55 Western Avenue and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.