This home's estimate is 143.6% higher than the average sale price ($208K) of 6 comparable homes.
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59 Main St, Waterville, ME 04901
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About this home
Major renovations completed in 2020 make this a turnkey investment with no significant deferred maintenance concerns for years to come. The first floor offers a retail space on Main Street with excellent visibility, while the fully furnished second and third floor apartments have been successfully operated as short term rentals with strong demand, a proven track record, and future bookings already extending into 2027. Considered a guest favorite on Airbnb with seventeen 5 star reviews. Located across from the Opera House and just minutes from Colby College and Thomas College, this ideally situated property appeals to visitors, college parents, and downtown guests alike. Set in the heart of Waterville's expanding downtown, this is a strong mixed use investment opportunity with multiple income streams.
Redfin Estimate
Market trends in 04901, ME
Last updated September 2026
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Sale and tax history for 59 Main St
- Sale History
- Tax History
$160/sq ft
$165/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking Information
- Parking Features: No Driveway, On Street
Interior
- Bathroom Information
- # of Baths (Full): 2
- Basement Information
- Basement Entry: Interior Entry, Full, Unfinished
- Interior Features
- Flooring: Carpet, Laminate, Hardwood
- Multi-Unit Information
- # of Units Total: 2
- # of 2 Bedroom Units: 2
- Operating Expense: $23,680
- Gross Income: $68,052
- Unit 1 Information
- # of Baths (Full): 1
- # of Bedrooms: 2
- # of Rooms: 4
- Actual Rent: $2,000
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: Yes
- Has Heat: Yes
- Level: Third
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Baths (Full): 1
- # of Bedrooms: 2
- # of Rooms: 4
- Actual Rent: $2,000
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: Yes
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
Exterior
- Building Information
- Construction Materials: Masonry, Brick
- Roof: Membrane, Rolled/Hot Mop
- Total Building Area (Sq. Ft.): 3,396
- Property Information
- Year Built: 1900
- Above-Grade Finished Area (Sq. Ft.): 3,396
- Lot Information
- Lot Size (Sq. Ft.): $1,306.80
- Lot Size (Acres): 0.03
- Lot Size Source: Public Records
- Lot Features: Intown, Near Shopping, Near Turnpike/Interstate, Retail Strip, Level, Sidewalks
- Zoning: CA
Financial
- Tax Information
- Annual Tax Amount: $3,675
- Tax Year: 2025
Utilities
- Utility Information
- Has Heating
- Heating: Baseboard, Heat Pump, Hot Water
- Has Cooling
- Cooling: Heat Pump
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities On: Yes
- Water Source: Public
- Water Heater: Electric
Location
- Location Information
- Unparsed Address: 59 Main Street, Waterville, ME 04901
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Kennebec County
- APN: —
Around this home
Schools
Public 4-5 • Assigned • 0.3mi
Public 6-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 0.7mi
Sun exposure
Very good sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Sell confidently with a local market expert in Waterville.
Nearby similar homes
New listings for sale in 04901
Home values near 59 Main St
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
12 Beds | 6 Baths | 4896 Sq. Ft. | — |
- Beds | - Baths | - Sq. Ft. | — |
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