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Coldwell Banker Realty
518 Ossipee Trl E, Gorham, ME 04038
- $1,500,000
- 9
- BA
- 4,640
- SqFt
Listing courtesy of Keller Williams Realty. (207) 232-8877
Selling Office: Real Broker.- Sold Price
- $1,500,000
- List Price
- $1,500,000
- Closing Date
- Nov 18, 2025
- MLS#
- 1622877
- Status
- CLOSED
- Type
- Multifamily
- City
- Gorham
- County
- Cumberland
- Bathrooms
- 9
- Living Area
- 4,640
- Lot Size
- 378,536
- Year Built
- 1941
Property Description
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
Additional Information
- Living Area
- 4,640
- Electric
- Circuit Breakers
- Water
- Private Well
- Basement
- Interior Entry, Full, Doghouse
- Cooling
- None
- Year Built
- 1941
- Acres
- 8.69
- Roof
- Shingle
- Style
- Ranch
- Stories
- 1
- Courtesy Of Listing Office
- Keller Williams Realty
- Courtesy Of Selling Office
- Real Broker
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Contact: (207) 232-8877