Sold
Last Sold Price
2,460 sqft
137 Spring St, Gardiner, ME 04345
Multi FamilyProperty Type
0.2 acresLot Size
1856Year Built
$130/sq ftPrice per sq ft

Description

Incredible investment or owner occupied opportunity in Gardiner! This recently renovated 2 unit is ideally located just minutes to downtown Gardiner, the local restaurants and shops of Hallowell, and the city of Augusta. This multi family consists of a 3 bedroom unit and 1 bedroom unit with dedicated heat and electricity. Amenities include off street parking, spacious units, an enclosed porch, washer and dryer hookup, large green space, new heat pump, and more. With less than an hour from Portland,...Incredible investment or owner occupied opportunity in Gardiner! This recently renovated 2 unit is ideally located just minutes to downtown Gardiner, the local restaurants and shops of Hallowell, and the city of Augusta. This multi family consists of a 3 bedroom unit and 1 bedroom unit with dedicated heat and electricity. Amenities include off street parking, spacious units, an enclosed porch, washer and dryer hookup, large green space, new heat pump, and more. With less than an hour from Portland, and quick and easy access to 95 + 295, this investment property attracts interest from an expansive tenant pool. At an NOI of over $30k and a 10+ cap, or a set up that lends itself to an ideal owner occupied with additional income to pay the mortgage, this property serves as a rare opportunity in this limited market!
  • Listed by: Amber Purty 207.808.3050 amber@thecollectivereco.com • The Collective Real Estate Co
  • Listed by: RYAN MCQUAID 207.838.8681 ryan@thecollectivereco.com • The Collective Real Estate Co
Listing closed: 11/01/2024 12:00 AM • Source: Maine Listings, MLS#: 1603484

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Location

Listing Courtesy of The Collective Real Estate Co

Sold By Regency Realty Group

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Payment Calculator

$1,953 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,708

Property Taxes

$244

HOA Dues

$0

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Property Information for 137 Spring Street

Property Details
  • Taxes: $2,932 / year
  • MLS Type: Multi-Family
  • Has Waterfront: No
  • Zoning: HDR
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1856
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Near Turnpike/Interstate
  • Page: 68
  • Zoning Overlay: No
  • Directions: GPS Location is accurate.
  • Latitude: 44.234962
  • Longitude: -$69.78
Taxes and HOA
  • Association: No
  • Parcel Number: GARR-000036-000000-000050
  • Tax Lot: 050
  • Tax Book Number: 13963
  • Tax Map Number: 036
  • Tax Year: 2023
  • Tax Annual Amount: $2,932.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street
  • Parking: 5 - 10 Spaces, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Open, Level, Intown, Near Shopping, Near Turnpike/Interstate
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open
Property and Assessments
  • Above Grade Finished Area: 2460.0
  • Building Area Total: 2460.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Construction: Wood Frame
  • Structure Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1856
Building Features
  • Construction Materials: Vinyl Siding, Asbestos, Wood Frame
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $132.11
Utilities
  • Heat Fuel: Electric, Gas Natural
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Recreational Water: Nearby, River/Brook/Stream
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Asbestos, Vinyl Siding
  • Roof: Metal, Shingle
  • Driveway: Gravel
Interior Features
  • Amenities: Washer Hookup
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Laundry Features: Washer Hookup
  • Basement: Interior, Crawl Space, Partial, Unfinished
  • Basement: Crawl Space, Partial, Unfinished
  • Patio And Porch Features: Porch
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Heat Pump, Direct Vent Heater
  • Has Heating: Yes
  • Flooring: Wood, Composition
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup
Multi Family
Multi Family Information
  • # of 1 BD Units: 1
  • # of 3 BD Units: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $39,000.00
  • Operating Expense: $6,129.00
Unit Information
Unit 1
  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: No
  • Beds Total: 1
  • Rooms Total: 3
Unit 2
  • Num Full Baths: 1
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,750.00
  • Beds Total: 3
  • Rooms Total: 6
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: Yes

Property History for 137 Spring Street

DateEvent & SourcePriceAppreciation
Nov 1, 2024

Sold (Public Record)

Public Record #1544223377

$320,000—
Nov 1, 2024

Sold

Maine Listings #1603484

$320,000—
Sep 27, 2024

Pending

Maine Listings #1603484

—
DateEvent & SourcePrice
11/01/2024

Sold (Public Record)

Public Record #1544223377

$320,000
11/01/2024

Sold

Maine Listings #1603484

$320,000
09/27/2024

Pending

Maine Listings #1603484

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 137 Spring Street

Taxable ValueLand$21,400Additions$102,300Total$123,700
Tax Record2025$3,253 ($271 / month)
Home Facts
Baths2Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1856Year Renovated1856Zoning12CountyKENNEBECAPNGARR M:036 B:050

Schools near 137 Spring Street

This home is within Regional School Unit 11 Msad 11.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Laura E Richards School
PublicPK to 2

Gardiner Regional Middle School
Public6 to 8

Gardiner Area High School
Public9 to 12

Pittston Consolidated School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of The Collective Real Estate Co

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.