Beds
2,411 Sq. Ft.
$127 / Sq. Ft.
2,411
Sq. Ft.
$127
per Sq. Ft.

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
    P: (207)-553-2605 C: (207)-553-2605 jeff@kwmateja.com
  2. Listed by Timothy McLaughlin • Keller Williams Realty
    P: (207)-240-7771 C: (207)-240-7771 timm@kwmateja.com

Property Details for 36 King Street

Architectural Style
Cape Cod, Chalet, Other
Has Waterfront
No
Zoning
RC
LISTING UPDATED: 06/10/2026 04:38 PM

Property Details for 36 King Street

StatusActive
MLS #1664844
Days on Market39
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

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

$1,787 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,520

Property Taxes

$267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 36 King Street

Summary
Location and General Information
  • Water View: No
  • Page: 25
  • Latitude: 44.540688
  • Longitude: -$69.64
Taxes and HOA
  • Association: No
  • Parcel Number: WAVL-000039-000000-000069
  • Tax Lot: 69
  • Tax Book Number: 14422
  • Tax Map Number: 39
  • Tax Year: 2025
  • Tax Annual Amount: $3,203.00
Parking
  • Parking Features: Gravel, 5 - 10 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Business District, Interior Lot, Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad, Level
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 7840.8
  • Lot Size Units: Acres
  • Roads: Gravel, Paved, Dirt
  • Road Surface Type: Gravel, Paved, Dirt
  • SqFt Source: Public Records
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 2411.0
  • Building Area Total: 2411.0
  • Property Type: Multi-Family
  • Structure Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1920
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Stone, Poured Concrete, Brick/Mortar
  • Construction Materials: Wood Frame, Aluminum Siding
  • Color: White
Financial Information
  • List Price/SqFt: $126.50
Utilities
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
Interior and Exterior Features
Exterior Features
  • Roof: Metal, Pitched, Shingle
Interior Features
  • Amenities: 1st Floor Bedroom, Laundry - 2nd Floor
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Laundry Features: Upper Level
  • Basement: Doghouse, Interior Entry, Unfinished
  • Patio And Porch Features: Deck, Glassed-in Porch, Porch
  • Has Cooling: No
  • Heating: Oil, Wood, Baseboard, Hot Water, Zoned
  • Has Heating: Yes
  • Flooring: Laminate, Vinyl, Wood
  • Interior Features: 1st Floor Bedroom
Room Information
Laundry
  • Laundry Room Amenities: Upper Level
Multi Family
Multi Family Information
  • # of 2 BD Units: 1
  • # of 4+ BD Units: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $31,200.00
  • Operating Expense: $8,100.00
Unit Information
Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,200.00
  • Beds Total: 3
  • Key: 0a95dc5dac794a011e7ff15abd378f52
  • Rooms Total: 5
Unit 2
  • Num Full Baths: 1
  • Dedicated Electric Meter: No
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,400.00
  • Beds Total: 2
  • Key: b9d5592b4ea499fba0ff2ba79ea2e86a
  • Rooms Total: 7
Rental
Rent Information
  • Land Lease: No

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
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
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.

Similar Homes

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 39 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 0-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.