$425,000

263 Water St Gardiner, ME 04345

Estimated payment $2,751/month

-- Bed
2 Baths
4,400 Sq Ft
$97 Price per Sq Ft

Highlights

  • The property is located in a historic district
  • Victorian Architecture
  • Cooling Available
  • Wood Flooring
  • No HOA
  • 3-minute walk to Gardiner City Public Works

About This Home

Welcome to 263 Water Street in the heart of downtown Gardiner. The ground floor is anchored by a well known long standing store called Monkitree. The 2nd floor apartment is leased. But the upper unit. Wow! Over 2000sf of ideal live/work space! The local culture and atmosphere are inspiring with vibrant businesses and a community feel. This property operates with minimal landlord maintenance. The current sellers have been inspiring to many as they meticulously upgraded their historic building keeping preservation always in mind. In this downtown area, this is the only building that has a covered car parking space. The combination of residential and commercial space provides investors with diversified cash flow and long-term potential. Leases and a list of upgrades and improvements available.

Listing Agent

Geri Doyle

Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 07/14/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,454

Year Built

  • Built in 1865

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 4,400 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Fire Sprinkler System
  • Washer Hookup

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Shower

Unfinished Basement

  • Walk-Out Basement
  • Brick Basement
  • Exterior Basement Entry

Parking

  • Carport
  • No Driveway
  • Off-Site Parking

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 122

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $16,740
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,454

Year Built

Built in 1865

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.04
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 4400.00
  • Architectural Style: Victorian
  • Garage Yn: No
  • Building Stories: 4
  • Year Built: 1865
  • Attribution Contact: 207-622-9000
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Has Basement: Exterior Entry, Walk-Out Access, Unfinished, Brick/Mortar
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Shower
  • Stories: 4

Exterior Features

  • Lot Features: Historic District, Intown, Sidewalks
  • Waterfront: No
  • Construction Type: Wood Frame, Wood Siding
  • Foundation Details: Granite, Brick/Mortar
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, 1 - 4 Spaces, Off Site, Carport

Utilities

  • Laundry Features: Washer Hookup
  • Security: Fire Sprinkler System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Gas Natural, Baseboard, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 11/MSAD 11

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.40
  • Zoning: Historic District

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36000.00
  • Annual Operating Expense: 16740.00

Tax Info

  • Tax Annual Amount: 5454.00
  • Tax Lot: 122
  • Tax Year: 2026

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,455 $207,400 $28,100 $179,300
2024 $5,309 $207,400 $28,100 $179,300
2023 $4,915 $207,400 $28,100 $179,300
2022 $4,604 $207,400 $28,100 $179,300
2021 $3,494 $161,000 $28,100 $132,900
2020 $3,494 $161,000 $28,100 $132,900
2019 $3,494 $161,000 $28,100 $132,900
2018 $3,445 $161,000 $28,100 $132,900
2017 $3,542 $161,000 $28,100 $132,900
2016 $3,161 $147,000 $28,100 $118,900
2015 $3,175 $147,000 $28,100 $118,900
2014 $3,028 $147,000 $28,100 $118,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 For Sale $425,000 -- $97 / Sq Ft
Source: Maine Listings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $225,000 Stand Alone Refi Refinance Of Original Loan
Closed $164,000 Commercial
Closed $157,600 Commercial
Closed $1,300,000 Commercial
Source: Public Records

Source: Maine Listings

MLS Number: 1671706

Maine Listings

APN: GARR-000037-000000-000122

Your Personal Tour Guide

Ask me questions while you tour the home.