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

5,461 SqFt


UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Multi Family

Listing Status Active

Square Footage 5,461 sqft

Subdivision Road Maintenance

MLS Listing ID 1642127

HOA Fees $750/ann

HOA Y/N Yes

Year Built 1965

Annual Tax Amount $6,062

Tax Year 2024

Lot Size 11.810 Acres

Acres 11.81

Property Sub-Type Multi Family

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 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

Location

State ME

County Kennebec

Zoning RC

Interior

Heating Hot Water, Baseboard

Cooling None

Equipment Internet Access Available

Exterior

Parking Features 5 - 10 Spaces, On Site, Off Street

Utilities Available 1

View Y/N No

Roof Type Pitched,Shingle

Accessibility Level Entry

Garage Yes

Garage Yes

Building

Lot Description Near Turnpike/Interstate, Rural

Building Description Vinyl Siding,Wood Frame, Generator

Story 1

Foundation Concrete Perimeter, Slab

Sewer Septic Tank, Private Sewer, Septic Design Available

Water Well, Private

Structure Type Vinyl Siding,Wood Frame

Others

HOA Fee Include 750.0

Restrictions Yes

Energy Description Propane

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1642127


Maine MLS (MREIS) IDX
Cassie Mason

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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102 Manning DR