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$84,000
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Property Description
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
Full Property Details for 220 Water St
General
- Sold For: $84,000
- Taxes: $2,550 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1641079
- Added to Site: 138 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 and Sold by Fontaine Family-The Real Estate Leader (207) 784-3800
Get Pre-Approved Today
Schools
Schools serving 220 Water St
School District:Waterville
| Name | Grades | Distance |
|---|---|---|
Albert S Hall School 27 Pleasant Street, Waterville, ME 04901 | 4-5 | 0.9 mi |
George J Mitchell School 58 Drummond Avenue, Waterville, ME 04901 | PK-3 | 2.1 mi |
Waterville Junior High School 100 West River Road, Waterville, ME 04901 | 6-8 | 1.2 mi |
Waterville Senior High School 1 Brooklyn Avenue, Waterville, ME 04901 | 9-12 | 1.1 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
Date
Details
Price
Change
Source
2/12/2026
Sold
$84,000
-11.49%
MLS
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
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
220 Water Street, Waterville, ME 04901 (MLS# 1641079) is a Multi-Family property that was sold at $84,000 on February 12, 2026. 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.

