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
Sub-Type
Multi Family
Style
New Englander
Year Built
1900
Stories
2
Living Area
2,217 sq ft
Lot Size
0.12 acres
Zoning
RC
MLS® Listing#
1653429
Property Features
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,417
Tax year 2025
Parcel Number
WAVL-000039-000000-000057
Directions
GPS Compatible.
Affordability Calculator
$45,800
Estimated monthly payment
$1,219/mo
Principal $183,200 · Est. interest $255,580 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Waterville, ME
- $280,000
- Median Listing Price
- 72
- Median Days on Market
- 1,843
- Median Sq Ft
- $142
- Median Price / Sq Ft
- 88
- Active Listings
- This home’s price is 18% below the area median.
- Its price per sq ft is 27% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Waterville, ME.
Location
Map is currently unavailable for this location.
Points of Interest in Waterville, ME
Showing the Waterville area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 12 Edgemont Avenue, Waterville, ME | $165,000 | 3 | 2 | 1,652 |
| 8 Vigue Street, Waterville, ME | $172,000 | 3 | 2 | 1,355 |
| 8 Vigue Street, Waterville, ME | $172,000 | — | 2 | 1,355 |
| 3 Industrial Road, Waterville, ME | $175,000 | — | — | — |
| 3 Industrial Road, Waterville, ME | $175,000 | — | — | — |
| 1 #1 Industrial Road, Waterville, ME | $175,000 | — | — | — |
