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About This Home

This 0-bedroom, 2-bathroom residential multi family at 63 Summer Street in Waterville, ME is listed for $262,000 ($143 per sqft). Built in 1910, the home offers 1,838 sqft of living space on a 0.18 acres lot.

Agent Description

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.

Key Features

  • Built in 1910
  • 0.18 acre lot
  • 2 stories

Property Details

2 stories
2 full
1910

Monthly Cost Estimate

$1,401/mo

20% down · 6.5% · 30 years

Principal$189
Interest$1,135
Insurance$76

Estimates only. Actual payments may vary.

Location

63 Summer Street

Waterville, ME 04901

Features & Amenities

Interior Features

1st Floor BedroomBathtub

Property Details

Flooring

LaminateVinyl

Construction

Wood Frame Vinyl Siding

Heating

Hot Water(Heating)Heat Pump (Heating)OilElectric (Heating)Baseboard

Cooling

Heat Pump

Questions & Answers

This 0-bedroom, 2-bathroom residential multi family at 63 Summer Street is listed at $262,000 ($143/sqft). The estimated monthly payment is $1,135 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.18 acre lot, 2 stories. Interior Features: 1st Floor Bedroom, Bathtub.

This property is listed by Robbin Eusebio and can be reached at 2076323922 or reusebio@cbplourde.com.

RE

Robbin Eusebio

Agent at Coldwell Banker Plourde Real Estate

(207) 632-3922

Listed by Coldwell Banker Plourde Real Estate · View on Broker Site

MLS# 1653113· Source: listhub· Updated today

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63 Summer Street, Waterville, ME 04901

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