4 Pare Street, Waterville, ME 04901

New Listing
$229,900
Property Type: Multi-Family Baths: 2 Square Footage: 1,704 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $229,900 List Date: 5/22/2026 Last Modified: 5/22/2026

Description

Have you been looking for an income producing 2 unit on a quiet dead-end road? If so, this could be the one you have been waiting for. Currently owner occupied, this property will be vacant upon sale, making it perfect for an owner occupant who wants to live in one unit and choose their own tenant for the other unit to help offset the mortgage. Both units feature identical layouts with 3 bedrooms each, offering spacious and practical living arrangements. Each unit also has its own propane Rinnai heating source for efficient and separate utilities. The property has seen several recent updates over the past few years, including a new monitor heater, new roof, rebuilt back porch, paved driveway, new garage with electricity and heat, and a new storage shed. Outside, you will also find a fenced in backyard perfect for pets, children, or enjoying outdoor space privately. The garage and shed provide great added storage or potential for additional rental value. Located in a quiet walking neighborhood on a dead-end road, yet only minutes to downtown Waterville, the highway, hospital, and local colleges. Multi-family properties in this price range do not usually last long. Don't miss this opportunity to set yourself up for years to come!

Supplements: ********

More Information MLS# 1663486

Location Information

Street #: 4 Street Name: Pare Street Type: Street County: Kennebec Town: Waterville State/Province: ME Zip Code: 04901 Zip +4: 5806 Leased Land: No Book: 10069 Page: 0323-0324 Map: 38 Lot: 214 Zoning: Res Zoning Overlay: No Association: No Full Tax Amount $: 2819 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.53913 Geo Lon: -69.642582

Contract Information

Status: Active Original List Price: 229900 List Price: $229,900 Current Price: $229,900

Property Information

Surveyed: Yes Seasonal: No Owner Occupied: Yes Deed/Conveyance Type Offered: Warranty 2 Detached Houses on 1 Lot: No Number of Units: 2 Total Baths: 2 Total Full Baths: 2 Color: Blue Year Built: 1900 SqFt Finished Above Grade: 1704 SqFt Finished Total: 1704 SqFt Source: Public Records Garage: Yes Garage Spaces: 1 Lot Size Acres +/-: 0.12 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 50 Source of Road Frontage: Public Records

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 2

Units

# of 3 BD Units: 2

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 1600 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 1550 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: No Range: No Refrigerator: No Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Property Features

Site: Level; Open Location: Intown; Near Country Club; Near Golf Course; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Dead End; Paved; Public Style: Colonial Construction: Wood Frame Basement: Dirt Floor; Full Basement Entry: Interior Foundation Materials: Poured Concrete; Stone Exterior: Vinyl Siding Roof: Shingle Heat System: Direct Vent Heater Heat Fuel: Propane Water Heater: Electric Cooling: None Floors: Carpet; Vinyl; Wood Amenities: 1st Floor Bedroom; Bathtub Patio and Porch Features: Porch Driveway: Paved Parking: 1 - 4 Spaces; Off Street; Paved Vehicle Storage: 1 Car; Detached; Heated Restrictions: No Restrictions Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Real Broker
Last Updated: May - 22 - 2026
4 Pare Street, Waterville, ME 04901- MLS# 1663486
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