$320,000

51 Spring St Gardiner, ME 04345

Estimated payment $2,024/month

Total Views 381
-- Bed
3 Baths
2,683 Sq Ft
$119 Price per Sq Ft

Highlights

  • New Englander Architecture
  • Property is near shops
  • Level Lot
  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

Located just a short walk from historic downtown Gardiner, this well maintained three unit multi family property offers a fantastic investment opportunity with a strong rental history and quality long term tenants. Numerous updates and improvements have been completed over the years, including a newer heating system, updated windows, newer water heater, kitchen updates/remodels, and a newer roof. Whether you're looking to expand your portfolio or owner occupy while generating income, this property offers solid potential in a convenient location close to shops, restaurants, and local amenities. Schedule your private showing today!

Listing Agent

Richard Fraser

Coldwell Banker Realty Listed on: 05/23/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1900

Lot Details

  • 13,939 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 2,683 Sq Ft Home
  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Composition Roof
  • Fiberglass Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number GARR-000037-000000-000078

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $8,703
  • Gross Income $34,586

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,506

Year Built

Built in 1900

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • MLS Status: Active
  • Directions: Sign on property, Shared driveway
  • Above Grade Finished Sq Ft: 2683.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Contract Information:List PriceSqFt: 119.27
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Carpet, Vinyl

Exterior Features

  • Lot Features: Intown, Neighborhood, Level, Open Lot
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Stone, Poured Concrete, Brick/Mortar
  • Roof: Composition, Fiberglass, Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas Natural, Baseboard, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Fuses
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13939.2
  • Parcel #: GARR-000037-000000-000078
  • Zoning: 12

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34586.0
  • Annual Operating Expense: 8703.0

Tax Info

  • Tax Annual Amount: 3506.0
  • Tax Lot: 78
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $3,506 $133,300 $22,900 $110,400
2024 $3,412 $133,300 $22,900 $110,400
2023 $3,159 $133,300 $22,900 $110,400
2022 $2,959 $133,300 $22,900 $110,400
2021 $2,893 $133,300 $22,900 $110,400
2020 $2,893 $133,300 $22,900 $110,400
2019 $2,893 $133,300 $22,900 $110,400
2018 $2,853 $133,300 $22,900 $110,400
2017 $2,933 $133,300 $22,900 $110,400
2016 $2,866 $133,300 $22,900 $110,400
2015 $2,879 $133,300 $22,900 $110,400
2014 $2,746 $133,300 $22,900 $110,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2026 05/23/26 For Sale $320,000 +43.8% $119 / Sq Ft
02/24/2022 02/24/22 Sold $222,500 -10.6% $83 / Sq Ft View Prior Sale
01/12/2022 01/12/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $249,000 -- $93 / 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 $222,500 None Available
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
Open $166,875 Purchase Money Mortgage
Previous Owner $105,000 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1663645

Maine Listings

APN: GARR-000037-000000-000078

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