18 King Street, Waterville, ME 04901
Kennebec County
Key Facts
Description
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 Information
Property Type
Residential Income
Style
New Englander
Year Built
1900
Stories
2
Living Area
2,217 sq ft
Lot Size
0.12 acres
Zoning
RC
MLS® Listing#
1668861
Property Features
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,417
Tax year 2025
Affordability Calculator
$43,980
Estimated monthly payment
$1,170/mo
Principal $175,920 · Est. interest $245,424 over 30 yrs
Location
Points of Interest in Waterville, ME
Showing the Waterville area map.
Nearby Schools
Albert S Hall School
Elementary · 0.7 mi away
Waterville Senior High School
Secondary · 0.9 mi away
Mid-Maine Regional Adult Community Education
School · 0.9 mi away
Mid-Maine Technical Center
School · 0.9 mi away
Mount Merici Academy
School · 1.2 mi away
Winslow High School
Secondary · 1.2 mi away
Waterville Junior High School
Secondary · 1.3 mi away
Winslow Public Schools
School · 1.4 mi away
Winslow Elementary School
Elementary · 1.4 mi away
George J Mitchell School
Elementary · 1.9 mi away
Kennebec Montessori School
Elementary · 3.5 mi away
Maine School Administrative District 49
School · 3.8 mi away
Lawrence High School
Secondary · 3.8 mi away
Fairfield Primary School
Elementary · 3.9 mi away
Messalonskee Middle School
Secondary · 3.9 mi away
Williams Elementary School
Elementary · 3.9 mi away
Messalonskee High School
Secondary · 4.0 mi away
Ralph M Atwood Primary School
Elementary · 4.1 mi away
Regional School
School · 4.2 mi away
Benton Elementary School
Elementary · 4.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Lot 80 West River Road, Waterville, ME | $154,900 | — | — | — |
| 12 Edgemont Avenue, Waterville, ME | $165,000 | 3 | 2 | 1,652 |
| 8 Vigue Street, Waterville, ME | $172,000 | — | 2 | 1,355 |
| 8 Vigue Street, Waterville, ME | $172,000 | 3 | 2 | 1,355 |
| 3 Industrial Road, Waterville, ME | $175,000 | — | — | — |
| 1 #1 Industrial Road, Waterville, ME | $175,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Waterville
