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.
Active
Price cut: $10K (7/1)
$255,000
18 Gage Street, Bridgton, ME 04009
6beds
2,200sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$116/sqft
$-- HOA
What's special
Historic charmBarn for additional storageHigh ceilingsSpacious layoutsLarge eat-in kitchensGenerous apartment sizesCorner lot
- 67 days |
- 958 |
- 47 |
Zillow last checked:
Listing updated:
Listed by:
JC North East Real Estate
Source: Maine Listings,MLS#: 1660359
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Laminate, Hardwood
- Basement: Interior Entry,Dirt Floor,Unfinished
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces
Features
- Levels: Multi/Split
Lot
- Size: 0.45 Acres
- Features: City Lot, Neighborhood, Level, Open Lot
Details
- Parcel number: BRGTM26L31
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Farmhouse
- Property subtype: Multi Family
Materials
- Wood Frame, Asbestos
- Roof: Fiberglass,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Fuses
- Sewer: Private Sewer
- Water: Public
Community & HOA
Location
- Region: Bridgton
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $144,829
- Annual tax amount: $2,211
- Date on market: 5/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Price change | $255,000-3.8%$116/sqft |
Source: | ||
| 5/19/2026 | Price change | $265,000-11.4%$120/sqft |
Source: | ||
| 5/3/2026 | Listed for sale | $299,000$136/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,143 | $144,829 |
| 2023 | $2,143 | $144,829 |
| 2022 | $2,143 | $144,829 |
| 2020 | $2,143 -1.3% | $144,829 |
| 2019 | $2,172 +1.4% | $144,829 |
| 2018 | $2,143 -3.3% | $144,829 |
| 2017 | $2,216 +3% | $144,829 |
| 2016 | $2,151 | $144,829 -4.1% |
| 2015 | -- | $151,094 |
| 2014 | $2,124 | $151,094 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04009
Nearby schools
GreatSchools rating
- 7/10Stevens Brook SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Lake Region Middle SchoolGrades: 6-8Distance: 4.5 mi
- 4/10Lake Region High SchoolGrades: 9-12Distance: 4.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Bridgton
- 04009
- 18 Gage Street





