31 Kelsey Street, Waterville, ME 04901
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
31 Kelsey Street,Waterville, ME 04901
$249,000
- 5 Beds
- 2 Baths
- 2,081 sq. ft.
- Single family
- Active
Office: portside real estate group
MLS#:1673655
Source:ME_MREIS
Price summary
- Price:$249,000
- Price per sq. ft.:$119.65
About this home
Much of the heavy lifting at 31 Kelsey Street is already done - new heating system, new electrical panel, updated plumbing, and sheetrock throughout. The current owner has taken this project as far as they can and is passing the opportunity along at a price that reflects the work remaining.
Three floors provide 3-4 bedrooms, 2 baths, a den, family room, and dedicated laundry. Currently configured as a single-family, the layout lends itself easily to a two-unit conversion for an investor looking to maximize return.
Basement stabilization is needed and contractor quotes are in hand, so you can underwrite this one with real numbers rather than guesswork. The transition and barn are at the end of their life and priced as teardowns (seller has quote) - they've been deliberately left standing so the grandfathered footprint remains available to a purchaser who wants to build back or expand into that space.
This is a project, not a flip-and-list weekend. But for a developer or investor with a crew and a plan, the math here is hard to beat. Sold as-is....
Contact an agent
Home facts
- Year built:1886
- Listing ID #:1673655
- Updated:September 23, 2026 at 10:33 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Flooring:Carpet, Hardwood, Laminate, Vinyl, Wood
- Basement Description:Brick/Mortar, Bulkhead
- Living area:2,081 sq. ft.
Heating and cooling
- Heating:Electric, Gas Natural, Heating, Hot Water, Oil
Structure and exterior
- Roof:Shingle
- Year built:1886
- Building area:2,081 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Level, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood, Open Lot
- Architectural Style:New Englander
- Construction Materials:Aluminum Siding, Clapboard, Wood Frame, Wood Siding
- Foundation Description:Brick/Mortar
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$249,000
- Price per sq. ft.:$119.65
- Tax amount:$2,179 (2025)
Features and amenities
- Laundry features:Main Level
Parking
- Parking description:1 - 4 Spaces, Gravel, Other, Paved
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