Incredible investment or owner occupied opportunity in Gardiner! This recently renovated 2 unit is ideally located just minutes to downtown Gardiner, the local restaurants and shops of Hallowell, and the city of Augusta. This multi family consists of a 3 bedroom unit and 1 bedroom unit with dedicated heat and electricity. Amenities include off street parking, spacious units, an enclosed porch, washer and dryer hookup, large green space, new heat pump, and more. With less than an hour from Portland, and quick and easy access to 95 + 295, this investment property attracts interest from an expansive tenant pool. At an NOI of over $30k and a 10+ cap, or a set up that lends itself to an ideal owner occupied with additional income to pay the mortgage, this property serves as a rare opportunity in this limited market!
Closed
$320,000
137 Spring Street, Gardiner, ME 04345
4beds
2,460sqft
Multi Family
Built in 1856
-- sqft lot
$345,800 Zestimate®
$130/sqft
$1,818 Estimated rent
Home value
$345,800
$263,000 - $456,000
$1,818/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 01, 2024 at 09:14am
Listed by:
The Collective Real Estate Co
Bought with:
Regency Realty Group
Source: Maine Listings,MLS#: 1603484
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Direct Vent Heater, Heat Pump
Cooling
- Heat Pump
Features
- Flooring: Composition, Wood
- Basement: Interior Entry,Crawl Space,Partial,Unfinished
Interior area
- Total structure area: 2,460
- Total interior livable area: 2,460 sqft
- Finished area above ground: 2,460
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces, Off Street
Features
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 8,712 sqft
- Features: City Lot, Near Shopping, Near Turnpike/Interstate, Level, Open Lot
Details
- Parcel number: GARRM036B050
- Zoning: HDR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Asbestos, Vinyl Siding
- Roof: Metal,Shingle
Condition
- Year built: 1856
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Gardiner
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Sold | $320,000-1.5%$130/sqft |
Source:  Maine Listings #1603484 | ||
| 9/27/2024 | Pending sale | $325,000$132/sqft |
Source: Maine Listings #1603484 | ||
| 9/12/2024 | Listed for sale | $325,000+44.4%$132/sqft |
Source: Maine Listings #1603484 | ||
| 4/9/2021 | Sold | $225,000+4.7%$91/sqft |
Source: Maine Listings #1483470 | ||
| 3/4/2021 | Listed for sale | $215,000+2.4%$87/sqft |
Source:  Maine Listings #1483470 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,167 +8% | $123,700 |
| 2023 | $2,932 +6.8% | $123,700 |
| 2022 | $2,746 +2.3% | $123,700 |
Find assessor info on the county website
Neighborhood: 04345
Nearby schools
GreatSchools rating
- NALaura E Richards SchoolGrades: PK-2Distance: 1.1 mi
- 5/10Gardiner Regional Middle SchoolGrades: 6-8Distance: 1.7 mi
- 5/10Gardiner Area High SchoolGrades: 9-12Distance: 0.7 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$345,800
2% more+ $6,916
With Zillow Showcase(estimated)
$352,716