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$220,000
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Property Description
Investor Special in the Heart of Bridgton - 3-Unit Value-Add Opportunity Unlock the potential of this classic New England farmhouse-style multi-family property, ideally located on a corner lot just steps from downtown Bridgton. With strong bones and timeless character, this fixer-upper presents a rare opportunity for investors or owner-occupants looking to build equity and maximize rental income. Currently configured as a multi-unit property with spacious layouts, the home features generous apartment sizes with high ceilings, large eat-in kitchens, and charming period details throughout. With the potential to create or reconfigure into a three-unit investment, the upside here is undeniable. Set on a level 0.45-acre lot, the property includes ample parking, a barn for additional storage or future use, and inviting outdoor spaces such as porches and a screened-in area. Tenants will love the walkable location--just minutes to shops, restaurants, and Highland Lake, plus easy access to skiing and year-round recreation. Whether you're looking to restore its historic charm or modernize for maximum returns, this is a prime opportunity in one of Maine's most desirable lake towns.
Full Property Details
Full Property Details for 18 Gage St
General
- Price: $220,000
- Taxes: $2,211 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1660359
- Updated: 8/13/2026
- Added to Site: 160 day(s) ago
Interior
- Flooring: Laminate, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Parking
- Parking Features: Gravel, 5 - 10 Spaces
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Baseboard, Hot Water
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Architectural Style: Farmhouse
- Construction: Wood Frame, Asbestos
- Basement: Yes
- Basement Desc.: Interior Entry, Dirt Floor, Unfinished
- Roof: Fiberglass, Shingle
- Square Feet: 2,200
- Finished Total: 2,200 Sq. Ft.
- Finished Above Grnd: 2,200 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 19,602
- Zoning: RES
- Lot Description: Intown, Neighborhood, Level, Open Lot
Financial Considerations
- Tax Amount: $2,211
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 31
Listed by JC North East Real Estate (207) 254-9160
Get Pre-Approved Today
Schools
Schools serving 18 Gage St
School District:School Administrative District 61
| Name | Grades | Distance |
|---|---|---|
Stevens Brook School 14 Frances Bell Drive, Bridgton, ME 04009 | K-5 | 0.5 mi |
Lake Region Middle School 204 Kansas Road, Naples, ME 04055 | 6-8 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18 Gage St
Date
Details
Price
Change
Source
8/12/2026
Price Reduced
$220,000
-13.73%
MLS
6/30/2026
Price Reduced
$255,000
-3.77%
MLS
5/19/2026
Price Reduced
$265,000
-11.37%
MLS
5/03/2026
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18 Gage St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,211
-10%
$267,983
85%
2024
$2,469
-1%
$144,829
—
2023
$2,491
13%
$144,829
—
2022
$2,201
3%
$144,829
—
2021
$2,143
-1%
$144,829
—
2020
$2,165
—
$144,829
—
2019
$2,172
1%
$144,829
—
2018
$2,143
-3%
$144,829
—
2017
$2,216
3%
$144,829
—
2016
$2,151
100%
$144,829
-4%
2015
-100%
$151,094
—
2014
$2,124
4%
$151,094
—
2013
$2,044
—
$151,094
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18 Gage St
18 Gage Street, Bridgton, ME 04009 (MLS# 1660359) is a Multi-Family property with 3 units containing 0 bedrooms and 2 full bathrooms. 18 Gage Street is currently listed for $220,000 and was received on May 03, 2026. Want to learn more about 18 Gage Street? Do you have questions about finding other Multi-Family real estate for sale in Bridgton? You can browse all Bridgton real estate or contact a Coldwell Banker agent to request more information.

