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5 Beds
2 Baths
2,411 sqft

$305,000

36 King Street, Waterville ME, 04901

Built in1920
Property size2,411 sqft
Property typeResidential
Courtesy of Keller Williams Realty

Overview

Active

Listed Mar 27, 2026

Updated Jun 1

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!

$2,029/mo

Est. mortgage payment based on a $305,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1655626

Interior Features

Bedrooms
5
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$3,203
Tax Frequency
Annually
MLS provider logo

Listing Contact: 207-240-7771

Listed by Jeffrey Mateja with Keller Williams Realty 207-240-7771

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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor James Spear shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 8:14 PM UTC, 6/1/2026

 

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