36 King St Waterville, ME 04901
Estimated payment $1,964/month
Highlights
- Country Club
- Deck
- Main Floor Bedroom
- Cape Cod Architecture
- Wood Flooring
- No HOA
About This Home
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!
Listing Agent
Keller Williams Realty Brokerage Phone: 207-240-7771 Listed on: 03/27/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,203
Year Built
- Built in 1920
Lot Details
- 7,841 Sq Ft Lot
- Property fronts a freeway
- Interior Lot
- Property is zoned RC
Home Design
- Cape Cod Architecture
- Chalet
- Pitched Roof
- Shingle Roof
- Metal Roof
Interior Spaces
- 2,411 Sq Ft Home
- Multi-Level Property
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Basement
- Doghouse Basement Entry
- Interior Basement Entry
Outdoor Features
- Deck
- Enclosed Glass Porch
Location
- Property is near golf course, railroad, and shops
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 69
- Assessor Parcel Number WAVL-000039-000000-000069
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,203 | $188,400 | $10,200 | $178,200 |
| 2024 | $2,330 | $116,500 | $7,900 | $108,600 |
| 2023 | $2,318 | $116,500 | $7,900 | $108,600 |
| 2022 | $1,510 | $58,400 | $5,900 | $52,500 |
| 2021 | $1,329 | $52,100 | $5,900 | $46,200 |
| 2020 | $711 | $52,100 | $5,900 | $46,200 |
| 2019 | $827 | $52,100 | $5,900 | $46,200 |
| 2018 | $1,317 | $52,100 | $5,900 | $46,200 |
| 2017 | $1,215 | $52,100 | $5,900 | $46,200 |
| 2016 | $1,188 | $52,100 | $5,900 | $46,200 |
| 2015 | $1,707 | $61,400 | $6,700 | $54,700 |
| 2014 | $1,682 | $61,400 | $6,700 | $54,700 |
| 2013 | $1,682 | $61,400 | $6,700 | $54,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $320,000 | +16.4% | $133 / Sq Ft | |
| 04/15/2022 04/15/22 | Sold | $275,000 | -14.1% | $114 / Sq Ft | View Prior Sale |
| 03/11/2022 03/11/22 | Pending | -- | -- | -- | |
| 01/12/2022 01/12/22 | For Sale | $320,000 | +71.1% | $133 / Sq Ft | |
| 06/22/2021 06/22/21 | Sold | $187,000 | 0.0% | $78 / Sq Ft | View Prior Sale |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- | |
| 03/25/2021 03/25/21 | For Sale | $187,000 | -- | $78 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,290 | FHA | |
| Previous Owner | $183,612 | FHA |
Source: Maine Listings
MLS Number: 1655626
APN: WAVL-000039-000000-000069
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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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