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  • $357,000

    20 Preston Street, Waterville, ME 04901

    4beds
    1,976sqft
    Multi Family
    Built in 1936
    -- sqft lot
    $361,300 Zestimate®
    $181/sqft
    $1,930 Estimated rent

    Home value

    $361,300

    $275,000 - $477,000

    $1,930/mo

    Zestimate® history
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    $1,930/mo

    Rent Zestimate®

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    $2,146/mo

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    What's special

    Welcome to 20 Preston Street, the perfect-owner occupied opportunity! Enjoy the recently updated first floor unit while the second floor pays the lion's share of the mortgage (if one). First floor unit has had extensive renovations since 2022 including lovely new kitchen, suspended ceilings removed and original ceilings brought back to life, new paint and more. Updated bath, beautiful hardwood floors, double living room/dining room or even a third bedroom?! Enclosed 3-season front porch plus an open porch on the side. Heat pumps in the living room and one bedroom. Beautiful original woodwork throughout. Second floor is a mirror image but has original kitchen cabinetry & carpeted floors. Long-time quality tenant. Basement offers a washer/dryer for each unit, 2 heating systems, 2 new heat pump water heaters & plenty of storage space. 2-car garage & spacious rear yard for an in-town lot. Convenient to just about all amenities. First floor unit has recently been used as a short term rental so heat, water sewer & electricity have been included in the rent. Heat is included for the second floor tenant simply as a convenience. Each unit has their own separate heating & water systems. This is a true gem in a wonderful location!

    Zillow last checked: 7 hours ago

    Listing updated: May 13, 2025 at 10:56am

    Listed by:

    Century 21 Nason Realty

    Bought with:

    Better Homes & Gardens Real Estate/The Masiello Group

    Source: Maine Listings,MLS#: 1618834MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump, Hot Water, Radiant, Steam
    Cooling
    • Heat Pump
    Features
    • 1st Floor Bedroom, Bathtub, Shower
    • Flooring: Carpet, Laminate, Vinyl, Wood
    • Doors: Storm Door(s)
    • Windows: Double Pane Windows
    • Basement: Interior Entry,Walk-Out Access,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,976
    • Total interior livable area: 1,976 sqft
    • Finished area above ground: 1,976
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, 1 - 4 Spaces, On Site, Detached
    • Garage spaces: 2
    Features
    • Levels: Multi/Split
    • Stories: 2
    • Patio & porch: Porch
    Lot
    • Size: 6,534 sqft
    • Features: City Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Landscaped
    Details
    • Parcel number: WAVLM038B153
    • Zoning: RB
    • Other equipment: Cable, Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander,Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1936

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Smart Electric Meter

    Community & neighborhood

    Location
    • Region: Waterville

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/13/2025Sold$357,000+2.3%$181/sqft
    Source: Maine Listings #1618834 Report a problem
    5/13/2025Pending sale$349,000$177/sqft
    Source: Maine Listings #1618834 Report a problem
    4/16/2025Contingent$349,000$177/sqft
    Source: Maine Listings #1618834 Report a problem
    4/11/2025Listed for sale$349,000+55.8%$177/sqft
    Source: Maine Listings #1618834 Report a problem
    7/28/2022Sold$224,000$113/sqft
    Source: Maine Listings #1531950 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,454 +0.5%$172,700
    2023$3,437 +45%$172,700 +88.3%
    2022$2,370 +1.4%$91,700

    Find assessor info on the county website

    Neighborhood: 04901

    Nearby schools

    GreatSchools rating
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