36 King St

Waterville, ME 04901

$305,000
Price
5
Beds
2,411 Sq. Ft.
$127 / Sq. Ft.
2,411
Sq. Ft.
$127
per Sq. Ft.
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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...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!
  1. Listed by Jeffrey Mateja • Keller Williams Realty • 207-240-7771
  2. Listed by Timothy McLaughlin • Keller Williams Realty

Property Details for 36 King Street

Waterfront
No
ArchitecturalStyle
Other, Cape Cod, Chalet
Garage Spaces
.00
Garage
No
Zoning
RC
LISTING UPDATED: 06/01/2026 11:57 AM

Property Details for 36 King Street

StatusActive
MLS #1664844
Days on Market12
Taxes$3,203 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1920
Lot Size0.18 AC / 7,840 SF
CountyKennebec County
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Location

Listing Courtesy of Keller Williams Realty
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Building Information for 36 King Street

Stories-Residences2Year Built1920Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

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$1,787 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,520

Property Taxes

$267

HOA Dues

$0

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Property Information for 36 King Street

Summary
Location and General Information
  • Road Surface Type: Gravel, Dirt, Paved
  • Zip Code: 6326
  • Town: Waterville
  • State/Province: ME
  • Zip Code: 04901
  • County: Kennebec
  • Geo Latitude: 44.540688
  • Geo Longitude: -69.638599
  • Tax Lot: 69
  • Site:Level: Yes
  • Location:Business District: Yes
  • Location:Interior Lot: Yes
  • Location:Intown: Yes
  • Location:Near Country Club: Yes
  • Location:Near Golf Course: Yes
  • Location:Near Railroad: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Construction: Wood Frame
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: Gravel, 5 - 10 Spaces
  • Attached Garage: No
  • Parking: 5 - 10 Spaces
Taxes and HOA Information
  • Tax Book Number: 14422
  • Tax Map Number: 39
  • Tax Year: 2025
  • Parcel Number: WAVL-000039-000000-000069
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,203.00
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Off Heating System: Yes
  • Heat Fuel: Oil, Wood2
  • Heat System: Baseboard, Hot Water, Zoned
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2411.0
  • Lot Size Acres: 0.18
  • Source of Acreage: Public Records
  • Building Area Total: 2411.0
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7840.8
  • Bathrooms Full: 2
  • Street Number: 36
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Total Half Baths: .00
  • Property Information:Color: White
Parking
  • Driveway:Gravel: Yes
  • Driveway: Gravel
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1920
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:No Gas: Yes
  • Water Heater: Off Heating System
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Aluminum Siding
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Metal, Pitched, Shingle
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Porch: Yes
  • StructureType: Duplex
  • Vehicle Storage: No Vehicle Storage
  • Patio and Porch Features: Deck, Glassed-in Porch, Porch
  • Basement Entry: Doghouse, Interior
Interior Features
  • Basement: Unfinished
  • Flooring: Laminate, Vinyl, Wood
  • Interior Features: 1st Floor Bedroom
  • Cooling: None
  • Heating: Oil, Wood, Baseboard, Hot Water, Zoned
  • Foundation Details: Brick/Mortar, Poured Concrete, Stone
  • Laundry Features: Upper Level
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
  • Levels: Multi-Level
  • Amenities: 1st Floor Bedroom, Laundry - 2nd Floor
Multi Family
Income & Expenses Information
  • Gross Income: $31,200.00
  • Operating Expenses: $8,100.00
  • Gross Income: $31,200.00
  • Operating Expenses: $8,100.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,400.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 7.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Monthly Rent: $1,200.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 3.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Range: Yes
  • Unit 3:Sewer: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 1

Property History for 36 King Street

DateEvent & SourcePriceAppreciation
Jun 1, 2026

Listed (Active)

Maine Listings #1664844

$305,000—
May 6, 2026

Price Change

Maine Listings #1655626

$305,000—
Mar 27, 2026

Listed (Active)

Maine Listings #1655626

$320,000—
DateEvent & SourcePrice
06/01/2026

Listed (Active)

Maine Listings #1664844

$305,000
05/06/2026

Price Change

Maine Listings #1655626

$305,000
03/27/2026

Listed (Active)

Maine Listings #1655626

$320,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 36 King Street

Taxable ValueLand$10,200Additions$178,200Total$188,400
Tax Record2025$3,203 ($267 / month)
Home Facts
Baths2Total Finished SqFt2,411 SqFtAbove Grade Finished SqFt2,411 SqFtStories2Lot Size7,841 SqFtStyleDuplexYear Built1920CountyKENNEBECAPNWAVL M:039 B:069

Schools near 36 King Street

This home is within Waterville Public Schools.
Rating
School
Type
Grades
Distance
George J Mitchell School
Public - PK to 3
Albert S Hall School
Public - 4 to 5
Waterville Junior High School
Public - 6 to 8
Waterville Senior High School
Public - 9 to 12
Rating
School
Distance
George J Mitchell School
PublicPK to 3

Albert S Hall School
Public4 to 5

Waterville Junior High School
Public6 to 8

Waterville Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 36 King Street, Waterville, ME 04901

36 King Street is a multi-family home for sale in Waterville, ME 04901. This property was listed for sale on June 1, 2026 by Keller Williams Realty, it's currently listed at $305,000. It has been on the market for a total of 12 days and was last sold on April 15, 2022. This listing's school district is Waterville Public Schools. Nearby schools include George J Mitchell School, Albert S Hall School and Waterville Junior High School. 36 King Street is a 5-bed, 2-bath, 2,411 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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.