36 King Street, Waterville, ME 04901 (MLS # 1664844)

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!

Last Updated	6/1/2026	Year Built	1920
County	Kennebec

Additional Details

AIR	None
BASEMENT	Interior Entry, Unfinished, Yes
CONSTRUCTION	Aluminum Siding, Frame
HEAT	Baseboard, Hot Water, Oil, Wood, Zoned
LOT	7841 sq ft
LOT DESCRIPTION	Interior Lot, Level, Near Golf Course
LOT DIMENSIONS	0.18
MLS STATUS	Active
PARKING	Gravel
SEWER	Public Sewer
STYLE	Cape Cod, Chalet, Other
TAXES	3203
UTILITIES	Natural Gas Not Available
WATER	Public

Location

 

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