18 King Street

Waterville, ME 04901
Baths
3
Square Ft.
2,217
$235,000
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!
Market LogoCourtesy of Real Broker 207-272-3954
Listing Snapshot
Days Online
12
Last Updated
Full Baths
3
Square Ft.
2,217
Lot Size
0.12 Acres
Year Built
1900
MLS Number
1653429
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Exterior Only", "Unfinished"
Building
Architectural Style: "New Englander", Building Area Total: 2,217, Construction Materials: "Wood Siding", "Shingle Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1900, 2 stories, 2 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $16,258
Floors
Flooring: "Wood", "Laminate", "Carpet"
Foundation
Foundation Details: "Block", "Stone", "Brick/Mortar"
Heating
Heating: "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $39,000
Lot
Features: "Level", "Intown", "Near Golf Course", "Near Shopping", "Near Turnpike/Interstate", "Neighborhood", 0.12 acres, Area: 0.12, 5,227 square feet
Parking
Features: "1 - 4 Spaces", "Paved"
Property
Parcel Number: WAVL-000039-000000-000057, Zoning: RC
Roof
Roof: "Metal"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $2,417, Tax Lot: 57
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04901
$244k
+28%
(avg) sold price
20
+17%
homes sold
40
-42%
(avg) days on market
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Fred Andrews
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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.