$305,000
 $1,637 est/mo Sourced by Back At You

36 King Street,Waterville, ME 04901

Waterville, ME 04901

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Description

Discover this exceptional tenant-occupied 2-family home in Waterville, perfectly blending owner occupancy or full investment potential with over 31,200 in current annual rental income. Both units are professionally managed by Spectrum Property Management, covering lawn care, snow removal, and maintenance for true hands-off cash flow. The first floor unit welcomes you through a classic front porch entry or a charming side entry. The front porch entry flows into an entry room and convenient laundry area. It features a separate living room and formal dining room with a built-in hutch for timeless elegance, an efficient galley kitchen, and three generous bedrooms for comfortable living. Upstairs, the second unit offers a spacious layout highlighted by a large, modern kitchen, adjacent dining room, and three well-appointed bedrooms for versatile rental appeal. Shared features include dual entry and exit options with a main front staircase to the porch plus private second-floor access. A full unfinished basement provides direct stairs from the first-floor kitchen and an exterior side door from the parking area, ideal for storage or exercise room. The level, expansive side yard is perfect for gatherings and includes a handy storage shed. Live in one, rent the other, or let both units deliver steady income in this prime Waterville location. Schedule your showing today!

Details

MLS #1655626
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1920
Days On Site148
Listing Provided ByKeller Williams Realty | Jeffrey Mateja

Features

Bed(s)5
Bath(s) 2 Total
SQ Feet2,411
BasementY
ZoningRC
Acreage0.18
Golf CourseYes

Interior

Interior Features1st Floor Bedroom
Heating Yes / NoYes
Cooling Yes / NoNo
CoolingNone
Fireplaces Total0
Fireplace Yes / NoNo
Laundry FeaturesUpper Level
Rooms Total13
Amenities Co Amenities1st Floor Bedroom, Upper Level

Exterior

RoofMetal, Pitched, Shingle
Foundation DetailsStone, Poured Concrete, Brick/Mortar
Lot FeaturesBusiness District, Interior Lot, Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad, Level
Construction MaterialsWood Frame, Aluminum Siding
Exterior Co ExteriorAluminum Siding
Patio And Porch FeaturesDeck, Glassed-in Porch, Porch

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesGravel, 5 - 10 Spaces

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount3203
Tax Book Number14422
Tax Year2025
Tax Lot69
Tax Map Number39

Area Information

StateME
CountyKennebec
CityWaterville
Zip Code04901
AreaKennebec
Listing VS Median (in 04901)
Price:
$305,000
low | high
Med:
$295,000
53.27868852459% of Average
sqft:
2,411
low | high
Med:
1,758
77.104935711323% of Average
$ / sqft:
$127
low | high
Med:
$193
2.788680494101% of Average
On site:
148
low | high
Med:
73.5
100% of Average
Sourced by Back At You

Market Activity 04901

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

StateME
CountyKennebec
CityWaterville
Zip Code04901
AreaKennebec
Listing VS Median (in 04901)
Price:
$305,000
low | high
Med:
$295,000
53.27868852459% of Average
sqft:
2,411
low | high
Med:
1,758
77.104935711323% of Average
$ / sqft:
$127
low | high
Med:
$193
2.788680494101% of Average
On site:
148
low | high
Med:
73.5
100% of Average
Sourced by Back At You
Listing Updated: August 4, 2026 at 1:00:09 PM PDT