518 Ossipee Trail E, Gorham, ME 04038
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
518 Ossipee Trail E,Gorham, ME 04038
$1,500,000
- - Beds
- 9 Baths
- 4,640 sq. ft.
- Multi-family
- Pending
Listed by:william van wickler(207) 232-8877
Office:keller williams realty
MLS#:1622877
Source:ME_MREIS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$323.28
About this home
Excellent Investment Opportunity! This well-maintained property features a total of 9 units, including two duplexes and a 5-unit building. Each unit is separately metered for heat and electricity, with tenants responsible for their own utilities. The property boasts a solid rental history and individual heating systems for each unit. The current owner has prioritized upkeep, with major updates already completed, including a new roof and new windows. While the property is already stable and cash-flowing, there is significant upside potential through cosmetic upgrades and rent increases, as current rents are below market. Don't miss this opportunity to own a reliable, income-producing asset with room to grow! NOI: 134,919.31
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Home facts
- Year built:1941
- Listing ID #:1622877
- Updated:July 15, 2025 at 07:48 PM
Rooms and interior
- Total bathrooms:9
- Full bathrooms:9
- Living area:4,640 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1941
- Building area:4,640 sq. ft.
- Lot area:8.69 Acres
Utilities
- Water:Private
- Sewer:Private Sewer
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$323.28
- Tax amount:$6,207 (2025)
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