NOT LISTED FOR SALE

20 Mechanic St Gardiner, ME 04345

-- Bed
18 Baths
7,951 Sq Ft
0.35 Acres

Last Sold January 08, 2018

Last sale price $455,000 $57 Per Sq Ft

189 Days on Market

Highlights

  • Deep Water Access
  • No HOA
  • Baseboard Heating
  • Property is near public transit
  • Forced Air Zoned Heating System
  • 2-minute walk to Gardiner City Public Works

About This Home

As of January 2018

18 Unit multi family in-town Historic Gardiner. 'Hillside Garden Apartments' has had a good rental history. This is a great opportunity to have 18 investment units in one location. Near shopping, restaurants, pubs, theater, Cobbossee Stream and the public landing along the Kennebec River. Recent Efficiency Maine Energy eval with improvements completed. Newer propane gas on-demand boiler and hot water system. Coin-Op laundry on site.

Last Agent to Sell the Property

Bruce Holmes

Century 21 Venture Ltd. Listed on: 03/22/2017

Century 21 Venture Ltd.

Last Buyer's Agent

Bruce Holmes

Century 21 Venture Ltd. Listed on: 03/22/2017

Century 21 Venture Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,472

Year Built

  • Built in 1890

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Rolled or Hot Mop Roof
  • Membrane Roofing
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 18 Full Bathrooms
  • 7,951 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deep Water Access

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Radiator
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number GARR-000034-000000-000122

Community Details

Overview

  • No Home Owners Association
  • 18 Units

Pet Policy

  • No Dogs Allowed

Additional Features

  • Coin Laundry
  • Gross Income $94,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,472

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: 20 Mechanic Street, accessible from Water St/Church St./and Brunswick Avenue. Across the street from the post office.
  • Above Grade Finished Sq Ft: 7951.0
  • Architectural Style: Other Style
  • Building Stories: 3
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 18.0
  • Property Information:SqFt Finished Above Grade: 7951.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 18
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 94000.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Roof:Pitched: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Roof:RolledHot Mop: Yes
  • Property Information:Bank Owned REO: No
  • Utility Info Electric On Site: Yes
  • Heat System:Radiator: Yes
  • Transportation:Deep Water Access: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Amenities:Laundry - Coin: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Partial, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 18
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Sidewalks, Intown, Near Shopping, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Roof: Membrane, Metal, Pitched, Rolled/Hot Mop

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Radiant, Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15246.0
  • Parcel #: GARR-000034-000000-000122
  • Zoning: Com

Multi Family

  • Number Of Units Total: 18
  • Annual Gross Income: 94000.0

Tax Info

  • Tax Annual Amount: 6472.0
  • Tax Book Number: 8174
  • Tax Lot: 122
  • Tax Map Number: 34
  • Tax Year: 2016

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 List to Sale Price per Sq Ft
01/08/2018 01/08/18 Sold $455,000 -8.1% $57 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $495,000 -- $62 / 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: 1298550

Maine Listings