NOT LISTED FOR SALE

16 & 22 Highland Ave Gardiner, ME 04345

-- Bed
8 Baths
5,802 Sq Ft
10,019 Sq Ft Lot

Last Sold August 23, 2021

Last sale price $355,000 $61 Per Sq Ft

51 Days on Market

Highlights

  • Deck
  • No HOA
  • Bathtub
  • Main Floor Bedroom
  • Interior Lot
  • Zoned Heating

About This Home

As of August 2021

Here is a nice 8 unit apartment property that has a good in-town location with many nice features! 2 buildings: 1 - 5 unit, 1 - 3 unit, 5 - 1 bedroom, 3 - 2 bedroom, lots of updates, some newer kitchens and flooring, etc. Nice mix of units, 2 natural gas boilers, each unit has a key pad for entry (no keys), 2 tenants have private decks, mostly all vinyl windows (some of them new) good parking, close to downtown, not far from Interstate 95, excellent income producing units, more. 22 Highland is a lead safe building.

Last Agent to Sell the Property

James Pepin

Sprague & Curtis Real Estate Brokerage Email: jim@spragueandcurtis.com Listed on: 06/08/2021

Last Buyer's Agent

Paula Forbes

Central Falls Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,471

Year Built

  • Built in 1860

Lot Details

  • 10,019 Sq Ft Lot
  • Interior Lot
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,802 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 8 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 21, 22
  • Assessor Parcel Number 16&22HIghlandAveGardiner04345

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $29,388
  • Gross Income $70,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,471

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Gardiner/Randolph Bridge to Highland Ave. A short ways up the hill on the left.
  • Above Grade Finished Sq Ft: 5802.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1860
  • Attribution Contact: jim@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 5802.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 8
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 70116.0
  • Income Expenses Operating Expenses: 29388.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 8
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Interior Lot, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Other, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 16&22HIghlandAveGardiner04345
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 70116.0
  • Annual Operating Expense: 29388.0

Tax Info

  • Tax Annual Amount: 5471.0
  • Tax Book Number: 13148
  • Tax Lot: 21, 22
  • Tax Map Number: 37
  • Tax Year: 20

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $355,000 -9.0% $61 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $390,000 -- $67 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1491344

Maine Listings

APN: GARR M:037 B:022