Very nice 9 unit in the heart of Waterville. Many updates and great investment opportunity for a serious investor.
MREIS #1267505
Jun 23, 2017
Sold
$200,500
$34/sq ft
Jun 7, 2016
Listed
$200,000
$34/sq ft
+12
9 Unit building which owner has done a lot of interior work to and is still in process of rehabbing 3 of the units. Newer piggy backed heating boilers that now have converted burners and are fed by natural gas. Updated electrical entrances, lots of character, and tremendous upside potential when all unit work completed.
MREIS #1229891
Jul 22, 2015
Listed
$125,000
$21/sq ft
MREIS #1121863
Feb 3, 2014
Listed
$200,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,030 (+14.6%)
$53,700 + $536,300
$590,000
2024
$8,756 (+0.5%)
$27,500 + $410,300
$437,800
2023
$8,712 (+66.5%)
$27,500 + $410,300
$437,800
2022
$5,232 (+1.4%)
$15,600 + $186,800
$202,400
2021
$5,161 (−1.0%)
$15,600 + $186,800
$202,400
2020
$5,214
$15,600 + $186,800
$202,400
2019
$5,214 (+1.9%)
$15,600 + $186,800
$202,400
2018
$5,115 (+8.3%)
$15,600 + $186,800
$202,400
2017
$4,722 (+2.3%)
$15,600 + $186,800
$202,400
2016
$4,615 (+12.4%)
$15,600 + $186,800
$202,400
2015
$4,106 (+1.5%)
$13,400 + $134,300
$147,700
2014
$4,047
$13,400 + $134,300
$147,700
Tax history for 5 Winter St
Year
Property tax
Land + Additions
Assessment*
2025
$10,030 (+14.6%)
$53,700 + $536,300
$590,000
2024
$8,756 (+0.5%)
$27,500 + $410,300
$437,800
2023
$8,712 (+66.5%)
$27,500 + $410,300
$437,800
2022
$5,232 (+1.4%)
$15,600 + $186,800
$202,400
2021
$5,161 (−1.0%)
$15,600 + $186,800
$202,400
2020
$5,214
$15,600 + $186,800
$202,400
2019
$5,214 (+1.9%)
$15,600 + $186,800
$202,400
2018
$5,115 (+8.3%)
$15,600 + $186,800
$202,400
2017
$4,722 (+2.3%)
$15,600 + $186,800
$202,400
2016
$4,615 (+12.4%)
$15,600 + $186,800
$202,400
2015
$4,106 (+1.5%)
$13,400 + $134,300
$147,700
2014
$4,047
$13,400 + $134,300
$147,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
12
Baths
9
Stories
2
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
—
Sq. Ft.
5,938
Year built
1870
Style
Multi-Family (5+ Unit)
County
Kennebec County
APN
383615
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: 5 - 10 Spaces, Paved, Off Street
Interior
Bathroom Information
# of Baths (Full): 9
Basement Information
Basement Entry: Interior, Unfinished
Interior Features
Flooring: Wood, Vinyl, Laminate, Carpet
Multi-Unit Information
# of Units Total: 9
# of 1 Bedroom Units: 5
# of 2 Bedroom Units: 3
# of 3 Bedroom Units: 1
Operating Expense: $33,342
Gross Income: $118,200
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Basement
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 3
Actual Rent: $1,450
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 1
Actual Rent: $975
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 2
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 5 Information
# of Bedrooms: 1
Actual Rent: $975
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6 Information
# of Bedrooms: 1
Actual Rent: $975
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7 Information
# of Bedrooms: 2
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8 Information
# of Bedrooms: 2
Actual Rent: $975
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 9 Information
# of Bedrooms: 1
Actual Rent: $900
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Metal Clad, Wood Frame
Roof: Metal
Total Building Area (Sq. Ft.): 5,938
Property Information
Year Built: 1870
Above-Grade Finished Area (Sq. Ft.): 5,938
Lot Information
Lot Size (Sq. Ft.): $11,325.60
Lot Size (Acres): 0.26
Lot Size Source: Public Records
Lot Features: Level, Near Shopping, Near Town, Neighborhood
Road Surface Type: Paved
Zoning: commercial
Financial
Tax Information
Annual Tax Amount: $5,232
Tax Year: 2022
Utilities
Utility Information
Has Heating
Heating: Direct Vent Heater, Direct Vent Furnace, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On, Pole
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 5 Winter Street, Waterville, ME 04901
Public facts
Beds: 12
Baths: 9.0
Sq. Ft.: 5,938
Stories: 2.0
Lot Size: 0.26 acres
Style: Multi-Family (5+ Unit)
Year Built: 1870
Year Renovated: —
County: Kennebec County
APN: 383615
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Albert S Hall School
Public 4-5 • Assigned • 0.1mi
5/10
Waterville Junior High School
Public 6-8 • Assigned • 2.0mi
5/10
Waterville Senior High School
Public 9-12 • Assigned • 0.4mi
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
80
56
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.