$ 999,000
-
$999,000
Price -
0
Bed -
0
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 settingâ€''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 appliancesâ€''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 9.44%, a decent return relative to the property's price. Also listed Muli-Family MLS 1636230
Listing Highlights
Status
Active
Days on Site
39
Property Type
Commercial Sale
MLS ®
1642127
Year Built
1965
Total Square Footage
5,461
Lot/Acreage
11.81
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Well,Private
Exterior Details
- Lot Description: Near Turnpike/Interstate,Rural
- Garage Capacity: N/A
- Zoning: RC
- Roof: Pitched,Shingle
- Others:
- Sewer: Septic Tank,Private Sewer,Septic Design Available
- Parking Features: 5 - 10 Spaces,On Site,Off Street
Financial Details
- Tax Amount: $6,062
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
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% Down Payment
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Questions About..
102 Manning Dr West Gardiner, ME 04345
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