18 King St Waterville, ME 04901
Waterville AreaEstimated payment $1,396/month
Highlights
- Wood Flooring
- No HOA
- Baseboard Heating
- New Englander Architecture
- Property is near golf course and shops
- Level Lot
About This Home
Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where your tenants help pay the mortgage? This three-unit property checks all the boxes. It features a spacious 4 bedroom apartment, a 2 bedroom apartment, and a 1 bedroom apartment, all of which have been remodeled within the past few years along with several additional upgrades throughout the property. The location is equally appealing. It is within walking distance to the rejuvenated downtown Waterville area and only minutes from the hospital, highway, colleges, and airport. Updated and affordable three unit properties are rare in this market and always in high demand. Whether you are building your investment portfolio or looking for a smart way to live in one unit while renting the other two, this is an opportunity you will not want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,417
Year Built
- Built in 1900
Lot Details
- 5,227 Sq Ft Lot
- Property fronts a freeway
- Level Lot
Parking
- Paved Parking
Home Design
- New Englander Architecture
- Brick Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 3 Full Bathrooms
- 2,217 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Exterior Basement Entry
Flooring
- Wood
- Carpet
- Laminate
Location
- Property is near golf course and shops
- City Lot
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 57
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $16,258
- Gross Income $39,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,417 | $142,200 | $9,800 | $132,400 |
| 2024 | $1,662 | $83,100 | $7,500 | $75,600 |
| 2023 | $1,654 | $83,100 | $7,500 | $75,600 |
| 2022 | $1,112 | $43,000 | $5,700 | $37,300 |
| 2021 | $1,097 | $43,000 | $5,700 | $37,300 |
| 2020 | $1,108 | $43,000 | $5,700 | $37,300 |
| 2019 | $1,108 | $43,000 | $5,700 | $37,300 |
| 2018 | $1,087 | $43,000 | $5,700 | $37,300 |
| 2017 | $1,003 | $43,000 | $5,700 | $37,300 |
| 2016 | $980 | $43,000 | $5,700 | $37,300 |
| 2015 | $1,321 | $47,500 | $6,200 | $41,300 |
| 2014 | $1,302 | $47,500 | $6,200 | $41,300 |
| 2013 | $1,302 | $47,500 | $6,200 | $41,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2026 06/25/26 | For Sale | $219,900 | -2.2% | $99 / Sq Ft | |
| 05/20/2026 05/20/26 | Price Changed | $224,900 | -1.8% | $101 / Sq Ft | |
| 04/14/2026 04/14/26 | Price Changed | $229,000 | -2.6% | $103 / Sq Ft | |
| 03/05/2026 03/05/26 | For Sale | $235,000 | +113.6% | $106 / Sq Ft | |
| 03/31/2023 03/31/23 | Sold | $110,000 | -4.3% | $50 / Sq Ft | View Prior Sale |
| 02/07/2023 02/07/23 | Pending | -- | -- | -- | |
| 02/03/2023 02/03/23 | For Sale | $115,000 | -- | $52 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $88,000 | Commercial |
Source: Maine Listings
MLS Number: 1668861
APN: WAVL-000039-000000-000057
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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