West Gardiner, ME 04345,102 Manning DR
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West Gardiner, ME 04345,102 Manning DR
West Gardiner, ME 04345,102 Manning DR
West Gardiner, ME 04345,102 Manning DR
West Gardiner, ME 04345,102 Manning DR
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Listed by Maine Real Estate Experts • [email protected]
$ 999,000
Active

102 Manning DR West Gardiner, ME 04345

7 Baths

5,461 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 5,461 sqft

Subdivision Road Maintenance

MLS Listing ID 1636230

Style Ranch

Full Baths 6

Half Baths 1

HOA Fees $750/ann

HOA Y/N Yes

Abv Grd Liv Area 5,461

Year Built 1965

Annual Tax Amount $6,062

Tax Year 2024

Lot Size 11.810 Acres

Acres 11.81

Source Maine Listings

Land Area 5461

Property Description

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

Location

State ME

County Kennebec

Zoning RC

Body of Water Cobbosseecontee

Rooms

Basement Not Applicable

Interior

Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Shower

Heating Hot Water, Baseboard

Cooling None

Equipment Internet Access Available, Generator

Appliance Tankless Water Heater

Laundry Laundry - 1st Floor, Main Level, Washer Hookup

Exterior

Parking Features 5 - 10 Spaces, Gravel, Common, On Site, Detached, Off Street

Garage Spaces 2.0

Utilities Available 1

View Y/N Yes

View Scenic

Roof Type Pitched,Shingle

Street Surface Gravel

Accessibility Level Entry

Porch Deck

Road Frontage Private Road

Garage Yes

Garage Yes

Building

Lot Description Well Landscaped, Rolling/Sloping, Open, Level, Interior Lot, Near Golf Course, Near Turnpike/Interstate, Rural, Subdivided, Near Public Transit

Story 1

Foundation Concrete Perimeter, Slab

Sewer Septic Tank, Private Sewer

Water Well, Private

Architectural Style Ranch

Structure Type Vinyl Siding,Wood Frame

Schools

School District Rsu 11/Msad 11

Others

HOA Fee Include 750.0

Restrictions Yes

Energy Description Propane

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1636230


Maine MLS (MREIS) IDX
Cassie Mason

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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102 Manning DR