137 Spring Street

Gardiner, ME 04345

$320,000
Last Sold Price
4
Beds
2
Baths
2,460 Sq. Ft.
$130 / Sq. Ft.
2,460
Sq. Ft.
$130
per Sq. Ft.

Description

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,...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!
  1. Listed by Amber Purty • The Collective Real Estate Co
  2. Listed by RYAN MCQUAID • The Collective Real Estate Co

Property Details for 137 Spring Street

Waterfront
No
ArchitecturalStyle
Duplex, Other Style
Garage
No
Zoning
HDR
LISTING UPDATED: 11/01/2024 12:15 PM

Property Details for 137 Spring Street

StatusClosed
MLS #1603484
Days on Market12
Taxes$2,932 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1856
Lot Size0.20 AC / 8,712 SF
CountyKennebec County

Building Information for 137 Spring Street

Stories2Residences2Year Built1856Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 137 Spring Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1880
  • Directions: GPS Location is accurate.
  • Town: Gardiner
  • State/Province: ME
  • Zip Code: 04345
  • County: Kennebec
  • Geo Latitude: 44.234962
  • Geo Longitude: -69.779899
  • Tax Lot: 050
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:River/Brook/Stream: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 13963
  • Tax Map Number: 036
  • Tax Year: 2023
  • Parcel Number: GARR-000036-000000-000050
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,932.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2460.0
  • Lot Size Acres: 0.2
  • Source of Acreage: Public Records
  • Building Area Total: 2460.0
  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8712.0
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 137
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: Yes
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1856
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Asbestos, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Crawl Space, Partial, Interior Entry, Unfinished
  • Flooring: Wood, Composition
  • Cooling: Heat Pump
  • Heating: Heat Pump, Direct Vent Heater
  • Laundry Features: Washer Hookup
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $39,000.00
  • Operating Expenses: $6,129.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,750.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: Yes
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 137 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 137 Spring Street

Taxable ValueLand$21,400Additions$102,300Total$123,700
Tax Record2024$3,167 ($264 / month)
Home Facts
Baths2Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1856Zoning12CountyKENNEBECAPNGARR M:036 B:050

Schools near 137 Spring Street

This home is within Regional School Unit 11 Msad 11.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Teresa C Hamlin Elementary School
PublicPK to 5

Gardiner Regional Middle School
Public6 to 8

Gardiner Area High School
Public9 to 12

Laura E Richards School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Collective Real Estate Co

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.