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About This Home

This 5-bedroom, 2-bathroom single family at 36 King Street in Waterville, ME is listed for $320,000 ($133 per sqft). Built in 1920, the home offers 2,411 sqft of living space on a 0.18 acres lot.

Agent 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! For more info or to schedule a showing call The Mateja Group & visit

Key Features

  • Built in 1920
  • 0.18 acre lot

Property Details

2 full
1920

Monthly Cost Estimate

$1,711/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,387
Insurance$93

Estimates only. Actual payments may vary.

Location

36 King Street

Waterville, ME 04901

Features & Amenities

Interior Features

1st Floor Bedroom

Property Details

Flooring

LaminateWoodVinyl

Construction

Aluminum Siding Wood Frame

Pool Features

PorchDeck

Heating

ZonedBaseboardHot Water(Heating)

Questions & Answers

This 5-bedroom, 2-bathroom single family at 36 King Street is listed at $320,000 ($133/sqft). The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.18 acre lot. Interior Features: 1st Floor Bedroom.

This property is listed by Jeffrey Mateja and can be reached at 2075532605 or jeff@kwmateja.com.

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JM

Jeffrey Mateja

Agent at Keller Williams Realty

(207) 553-2605

Listed by Keller Williams Realty · View on Broker Site

MLS# 1655626· Source: listhub· Updated today

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36 King Street, Waterville, ME 04901

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