55 Western Avenue, Waterville, ME 04901

$259,900
Property Type: Multi-Family Baths: 2 Square Footage: 2,346 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $259,900 List Date: 10/11/2025 Last Modified: 10/28/2025

Description

Discover an exceptional opportunity with this updated multi-family property offering both modern comfort and untapped potential. This property is currently vacant and easy to show, providing the new owners endless opportunities. The home features two spacious units—one fully 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 drywall, a new sink with butcher block countertop and vanity, and 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 and modern improvements. Set up your showing today!

Supplements: ********

More Information MLS# 1640599

Location Information

Book: 15402 Leased Land: No Page: 158 Map: 44 Lot: 40 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 55 Street Name: Western Street Type: Avenue County: Kennebec Town: Waterville State/Province: ME Zip Code: 04901 Zip +4: 5916 Zoning: RB Full Tax Amount $: 3222 Tax Year: 2024 Geo Lat: 44.548307 Geo Lon: -69.639887

Property Information

Surveyed: Unknown Seasonal: No Number of Units: 2 Deed/Conveyance Type Offered: Warranty Deed: All Lot Size Acres +/-: 0.21 Total Baths: 2 Total Half Baths: 0 SqFt Finished Above Grade: 2346 SqFt Finished Below Grade: 0 Garage: No Total Full Baths: 2 Year Built: 1910 SqFt Finished Total: 2346 Source of Acreage: Public Records

Site

Corner Lot: 1 Rolling/Sloping: 1 Sidewalks: 1

Location

Near Town: 1 Near Turnpike/Interstate: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

Colonial: 1 Other: 1

Construction

Wood Frame: 1

Basement

Dirt Floor: 1 Full: 1 Unfinished: 1

Exterior

Vinyl Siding: 1

Roof

Metal: 1 Shingle: 1

Heat System

Forced Air: 1

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 0 Operating Expenses: 0

Cooling

None: 1

Floors

Hardwood: 1 Other: 1 Tile: 1 Vinyl: 1 Wood: 1

Units

# of 2 BD Units: 1 # of 4+ BD Units: 1

Parking

1 - 4 Spaces: 1 Off Street: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: No Refrigerator: No Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 4 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: No Refrigerator: No Sewer: Yes Water: Yes

Gas

No Gas: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Gravel: 1

Basement Entry

Interior: 1

Water Heater

Electric: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 285000 List Price: $259,900 Current Price: $259,900

Property Features

Site: Corner Lot; Rolling/Sloping; Sidewalks Location: Near Town; Near Turnpike/Interstate Roads: Paved; Public Style: Colonial; Other Construction: Wood Frame Basement: Dirt Floor; Full; Unfinished Basement Entry: Interior Exterior: Vinyl Siding Roof: Metal; Shingle Heat System: Forced Air Heat Fuel: Oil Water Heater: Electric Cooling: None Floors: Hardwood; Other; Tile; Vinyl; Wood Driveway: Gravel Parking: 1 - 4 Spaces; Off Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: Hearth & Key Realty
IDX
Last Updated: October - 28 - 2025
Broker Attribution: 2072036579

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