Well maintained & fully occupied 2-unit in great location. Convenient to Downtown Waterville amenities. Off-street parking, many cosmetic updates throughout, separate natural gas and electric meters.
Multi-familyProperty Type
1870Year Built
3,484 sq ftLot Size
$144Est. Price/Sq.Ft.
1 spaceParking
Listed by Matthew Boulerice• New England Realty Group LLC
Bought with Matthew Boulerice• New England Realty Group LLC
In-town Waterville 2 unit in great location to all the amenities! First floor unit offers 3 bedrooms and 1 bath. Second floor unit offers 2 bedrooms and 1 bath. Great investment or owner occupy!
MREIS #1299347
Aug 18, 2017
Sold
$65,000
$36/sq ft
Mar 28, 2017
Listed
$68,000
$38/sq ft
+13
Easy maintenance 2 unit with solid rental history. Close to downtown Main Street. 3 bedroom and 2 bedroom units with new heating systems, metal roof, 2 new porches and walk up attic.
MREIS #1083163
Mar 8, 2013
Listed
$59,500
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,778 (+4.9%)
$12,200 + $151,200
$163,400
2024
$2,648 (+0.5%)
$9,400 + $123,000
$132,400
2023
$2,635 (+52.8%)
$9,400 + $123,000
$132,400
2022
$1,724 (+2.1%)
$7,100 + $59,600
$66,700
2021
$1,688 (−1.0%)
$7,100 + $59,100
$66,200
2020
$1,705
$7,100 + $59,100
$66,200
2019
$1,705 (+1.9%)
$7,100 + $59,100
$66,200
2018
$1,673 (+8.4%)
$7,100 + $59,100
$66,200
2017
$1,544 (+2.3%)
$7,100 + $59,100
$66,200
2016
$1,509 (+3.8%)
$7,100 + $59,100
$66,200
2015
$1,454 (+1.5%)
$8,100 + $44,200
$52,300
2014
$1,433
$8,100 + $44,200
$52,300
Tax history for 1 Spring Pl
Year
Property tax
Land + Additions
Assessment*
2025
$2,778 (+4.9%)
$12,200 + $151,200
$163,400
2024
$2,648 (+0.5%)
$9,400 + $123,000
$132,400
2023
$2,635 (+52.8%)
$9,400 + $123,000
$132,400
2022
$1,724 (+2.1%)
$7,100 + $59,600
$66,700
2021
$1,688 (−1.0%)
$7,100 + $59,100
$66,200
2020
$1,705
$7,100 + $59,100
$66,200
2019
$1,705 (+1.9%)
$7,100 + $59,100
$66,200
2018
$1,673 (+8.4%)
$7,100 + $59,100
$66,200
2017
$1,544 (+2.3%)
$7,100 + $59,100
$66,200
2016
$1,509 (+3.8%)
$7,100 + $59,100
$66,200
2015
$1,454 (+1.5%)
$8,100 + $44,200
$52,300
2014
$1,433
$8,100 + $44,200
$52,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Sq. Ft.
1,800
Year built
1870
Style
Multi-Family (2-4 Unit)
County
Kennebec County
APN
382705
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Paved, Common
Interior
Bathroom Information
# of Baths (Full): 2
Basement Information
Basement Entry: Interior, Full, Unfinished
Interior Features
Flooring: Vinyl
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 1
# of 3 Bedroom Units: 1
Operating Expense: $12,079
Gross Income: $30,600
Unit 1 Information
# of Bedrooms: 3
Actual Rent: $1,300
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,250
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Metal
Structure Type: Duplex
Total Building Area (Sq. Ft.): 1,800
Property Information
Year Built: 1870
Above-Grade Finished Area (Sq. Ft.): 1,800
Lot Information
Lot Size (Sq. Ft.): $3,484.80
Lot Size (Acres): 0.08
Lot Size Source: Public Records
Lot Features: Open, Level, Intown
Road Surface Type: Paved
Zoning: CA
Financial
Tax Information
Annual Tax Amount: $2,635
Tax Year: 2023
Utilities
Utility Information
Has Heating
Heating: Zoned, Direct Vent Heater
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 1 Spring Place, Waterville, ME 04901
Directions: From Elm Street turn onto Spring Street. Right onto Spring Place, second property on the right.
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,800
Stories: 2.0
Lot Size: 3,485 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1870
Year Renovated: —
County: Kennebec County
APN: 382705
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Places
Transit
Albert S Hall School
Public 4-5 • Assigned • 0.2mi
5/10
Waterville Junior High School
Public 6-8 • Assigned • 1.9mi
5/10
Waterville Senior High School
Public 9-12 • Assigned • 0.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
4/10 Wind Factor
13% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Waterville, ME • 04901
Average low and high temperatures (°F)
27
11
30
10
43
24
53
36
65
46
77
56
81
62
79
58
73
51
61
41
46
31
32
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.7 hours in
June and 3.1 hours in December, placing it below the
U.S. average for solar exposure.
7.7 hrs
3.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$246,000 – $298,000
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