$ 999,000
-
$999,000
Price -
0
Bed -
6.5
Bath -
5,461
SqFt
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About the Listing 3262 - 006291
Whether you're expanding your portfolio or seeking a legacy property with waterfront appeal, this is a unique chance to own a multi-unit gem in a serene, natural setting—just minutes from I-295 and downtown Gardiner. Nestled at the end of a quiet, private road, this rare 6-unit ranch-style complex offers 1121 feet of stunning waterfront on Cobbosseecontee Stream and sits on 11.81± acres of beautifully landscaped, wooded land. Each single-level entry unit has been thoughtfully built over the past 50 years and 4 units have recently in the past year have been remodeled and includes its own new washer/dryer and new stainless steel appliances—ideal for long-term tenants and low-maintenance management. Enjoy consistent rental income with strong tenant history. The property includes a detached 2-car garage, ample parking, studio shed at waters edge and is part of a road association with low annual fees. This is a solid mid-range cap rate 7.55%, a decent return relative to the property's price. Also listed MLS 1642127
Listing Highlights
Status
Active
Days on Site
96
Property Type
Multi-Family
MLS ®
1636230
Year Built
1965
Total Square Footage
5,461
Lot/Acreage
11.81
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full / 1 Half
- Appliances: Tankless Water Heater
- Air Cond:
- Heating: Hot Water,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5461
- Below Ground Sq Ft: 0
- Basement: Not Applicable
- Other: 1st Floor Bedroom,Bathtub,One-Floor Living,Shower
- Water: Well,Private
Exterior Details
- Lot Description: Well Landscaped,Rolling/Sloping,Open,Level,Interior Lot,Near Golf Course,Near Turnpike/Interstate,Rural,Subdivided,Near Public Transit
- Garage Capacity: 2 car
- Zoning: RC
- Roof: Pitched,Shingle
- Others:
- Sewer: Septic Tank,Private Sewer
- Parking Features: 5 - 10 Spaces,Gravel,Common,On Site,Detached,Off Street
Financial Details
- Tax Amount: $6,062
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
102 Manning Dr West Gardiner, ME 04345
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