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.

More Info

Tax Information

Parcel Number WAVL-000057-000000-000140
Taxes$2,179

Location

Address31 Kelsey Street
Building Number31
CountyKennebec
StateME
StreetKelsey Street
TownWaterville
Zip04901

Exterior

RoofShingle

Property Information

Acreage0.21
Lot Features Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Open Lot
Square Feet2,081

Legal

ZoningRC

Parking

Parking Features Gravel, Other, Paved,1 - 4 Spaces

Basic Information

List Price$249,000
MLS Number1673655
Property SubTypeSingle Family Residence
Property TypeResidential
StatusACT

Property

Road Surface Type Paved

Utilities

Electric Circuit Breakers
Heat SystemElectric, Gas Natural, Oil, Hot Water
Heating YN Yes
Waste Water DisposalPublic Sewer

Water Body

Water AccessPublic

Rooms

Bathroom2
Bathrooms Total Decimal 2
Bedrooms5
Full Bath2
Laundry Features Main Level

Building

BasementBulkhead, Brick/Mortar
FireplaceYes
Fireplaces Total 1
Flooring Carpet, Laminate, Vinyl, Wood, Hardwood
Property StyleNew Englander, Other
Rooms9
Year Built1886

Amenities

AmenitiesMain Level
Other AmenitiesBasement, Fireplace

Other

Date Listed07/27/2026

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. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo Privacy Policy

All Maine Homes participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Name

Your Email Address

Phone

Message Send me the deed for 31 Kelsey Street Waterville ME 04901 (ID#:1673655)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 31 Kelsey Street Waterville ME 04901 (ID#:1673655)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 31 Kelsey Street Waterville ME 04901 (ID#:1673655)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Contact:

SEARCH PROPERTIES

31 Kelsey StreetWaterville, ME 04901MLS Number 1673655

$/month over payments

Share

Driving Directions

Your Local Office

Ask A Question