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$94,900

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 0.19 Acres
  • Updated 7 days ago
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This 2-unit duplex offers a fantastic opportunity for those looking to build equity through renovation. Each spacious unit features 2 bedrooms and 1 bath, providing excellent potential for strong rental income once updated. Both units are currently vacant, giving the new owner the flexibility to complete improvements at their own pace and choose tenants. Conveniently located near downtown Waterville, schools, shopping, and I-95, this property is perfect for an investor or owner-occupant ready to put in a little work and reap big rewards. Don't miss this chance to bring new life to a property with great bones and endless potential!

Full Property Details for 220 Water St

General

  • Price: $94,900
  • Taxes: $2,550 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1641079
  • Updated: 1/9/2026
  • Added to Site: 92 day(s) ago

Interior

  • Flooring: Wood, Vinyl, Other, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Parking

  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Location

  • County: Kennebec

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Duplex
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Composition
  • Building Size: 2028
  • Square Feet: 2,028
  • Living Area: 2,028 Sq. Ft.
  • Finished Total: 2,028 Sq. Ft.
  • Finished Above Grnd: 2,028 Sq. Ft.
  • Year Built: 1880

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276.4
  • Lot Size Source: Public Records
  • Zoning: RC
  • Lot Description: Open, Sidewalks, Intown

Financial Considerations

  • Tax Amount: $2,550
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 67

Listed by Fontaine Family-The Real Estate Leader (207) 784-3800

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Listing agent

— 220 Water St —

  • Fontaine Family-The Real Estate Leader

    207-784-3800

207-784-3800

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 220 Water St

School District:Waterville
NameGradesDistance
Albert S Hall School
27 Pleasant Street, Waterville, ME 04901
4-50.9 mi
George J Mitchell School
58 Drummond Avenue, Waterville, ME 04901
PK-32.1 mi
Waterville Junior High School
100 West River Road, Waterville, ME 04901
6-81.2 mi
Waterville Senior High School
1 Brooklyn Avenue, Waterville, ME 04901
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 220 Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$94,900
-12.94%
MLS
11/25/2025
Price Reduced
$109,000
-9.09%
MLS
10/16/2025
Listed
$119,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 220 Water St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,287
-10%
$134,500
5%
2024
$2,550
1%
$127,500
—
2023
$2,537
52%
$127,500
97%
2022
$1,670
61%
$64,600
—
2021
$1,035
-38%
$64,600
—
2019
$1,664
2%
$64,600
—
2018
$1,632
8%
$64,600
—
2017
$1,507
2%
$64,600
—
2016
$1,473
-4%
$64,600
17%
2015
$1,537
1%
$55,300
—
2014
$1,515
—
$55,300
—
2013
$1,515
—
$55,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 220 Water St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Fontaine Family-The Real Estate Leader (207) 784-3800

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220 Water Street, Waterville, ME 04901 (MLS# 1641079) is a Multi-Family property with 2 units containing 0 bedrooms and 3 full bathrooms. 220 Water Street is currently listed for $94,900 and was received on October 16, 2025. Want to learn more about 220 Water Street? Do you have questions about finding other Multi-Family real estate for sale in Waterville? You can browse all Waterville real estate or contact a Coldwell Banker agent to request more information.

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