117 Dresden AVE Pending

Gardiner,ME 04345

$ 310000

- Bed

2 Baths

2196 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 2,196 sqft

Price per Sqft $141

MLS Listing ID 1629237

Style New Englander

Full Baths 2

Year Built 1880

Annual Tax Amount $3,405

Tax Year 2024

Lot Size 0.680 Acres

Property Description

Unlock rare income potential in Gardiner's historic neighborhood! This fully renovated 2-unit apartment house offers charm, cash flow, and future upside. All within walking distance to parks, the downtown, the Kennebec River Rail Trail, and the river itself.

Each unit is approx. 1,089 sq. ft. and features 2 bedrooms and 1 bath, gleaming hardwood floors, tiled baths, updated kitchens, and in-unit washer & dryers. The second-floor unit even includes a spacious walk-in closet off the primary bedroom, a tenant favorite! All major systems, including heating, plumbing, electrical, kitchen, and baths, were upgraded in 2019.

Long-term leases mean immediate rental income, and the third-floor attic space with one bedroom already built is city-approved for conversion to a 1-bed unit, bringing potential for an extra $1,450/month. Numerous ways to add value make this a smart play for investors and owner-occupants alike.

Outside, enjoy a farmer's porch perfect for relaxing, a stream running through the backyard, and a garage with bonus storage above. Private driveways add convenience for tenants. While the exterior needs paint, the property is priced accordingly, offering a solid opportunity to build equity quickly.

Gardiner remains one of Maine's most desirable spots for its small-town feel, scenic surroundings, and steady rental demand. With a cost of living below the national average and easy access to I-95 and Portland, tenants love calling it home.

Don't miss your chance to see this rare multi-unit before it's gone.

Come envision your next great investment or house hack right here in Gardiner.

Location

State ME

County Kennebec

Zoning RES

Interior

Heating Radiator,Hot Water

Cooling None

Flooring Wood,Vinyl

Exterior

Parking Features 5 - 10 Spaces,Paved,Off Street

Garage Spaces 1.0

View Y/N No

Roof Type Shingle

Building

Lot Description Open,Level,Sidewalks,Neighborhood,Rural

Sewer Public Sewer

Water Public

Structure Type Clapboard,Wood Frame

Others

Virtual Tour https://urldefense.proofpoint.com/v2/url?u=https-3A__hommati.tours_tour_2407023&d=DwMFAw&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=KcxkqTvFnsdq-RWLX00AStagtuxW4VY9PgEEXaOHAB0&m=-gPU5OhKiI2lOOlXv4cZdqRz_l4NHqkNEzFHE3A0pfE3JtSiMhXRyn0CQCsTRGjC&s=VqodNjCZJIrRd_n8RLaTDOof5Cd5gkOWrt9RbQkw9GA&e=

View More
Favorite Go Tour