102 Manning Dr

West Gardiner, ME 04345
  • $999,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 5,461

    SqFt

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 for 102 Manning Dr

Status Active
Days on Site 3
Property Type Commercial Sale
MLS ® 1642127
Year Built 1965
Total Square Footage 5,461
Lot/Acreage 11.81
County Kennebec
Neighborhood Road Maintenance
HOA Dues 750/Annually

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

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

102 Manning Dr West Gardiner, ME 04345

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Maine Listings

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way