




5 Collette Street, Waterville, ME, 04901
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1947
Materials
- Foundation: Poured Concrete
- Roof: Shingle
- Construction materials: Wood Frame,Aluminum Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Interior Entry,Walk-Out Access,Finished,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Vinyl,Wood
- Finished area below ground: 0
- Finished area above ground: 1,904
Heating & Cooling
- Heating features: Baseboard
- Cooling features: None
Interior Area
- Total structure area: 1,904
- Total interior livable area: 1,904 sqft
Property
Details
- Parcel number: WAVLM038B022
- Zoning: Residential
Features
- Levels: Multi/Split
Lot
- Lot size: 6,098 sqft
- Features: City Lot,Near Country Club,Near Golf Course,Near Turnpike/Interstate,Neighborhood,Other
Parking
- Total spaces: 2
- Parking features: Paved,1 - 4 Spaces,Off Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
