771 Gray RD, Gorham, ME 04038
771 Gray RD, Gorham, ME 04038
771 Gray RD, Gorham, ME 04038
771 Gray RD, Gorham, ME 04038
771 Gray RD, Gorham, ME 04038
771 Gray RD, Gorham, ME 04038
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Listed by The Maine Real Estate Group
$ 800,000

7 Baths

4,673 SqFt


$ 800,000

7 Baths

4,673 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 4,673 sqft

MLS Listing ID 1647309

Style Federal

Full Baths 5

Half Baths 2

HOA Y/N No

Abv Grd Liv Area 4,673

Year Built 1900

Annual Tax Amount $10,031

Tax Year 2024

Lot Size 0.590 Acres

Acres 0.59

Source Maine Listings

Land Area 4673

Property Description

Investors and owner-occupants take notice! This 4-unit multi-family property offers an excellent opportunity in a growing Gorham location with strong income and long-term potential. Featuring a versatile unit mix, including three 2-bedroom apartments and one spacious 4-bedroom unit, this property provides options for both rental investment and the possibility of owner occupancy.

Ideally situated near the new elementary school, Red City Tavern, and just minutes from Windham, the location continues to see increasing demand. With ample off-street parking and classic brick construction, this is a solid asset ready for a new owner's vision.

The property would benefit from cosmetic updates, making it a great value-add opportunity to build equity and maximize future returns.

SHOWINGS WILL HAPPEN IN TIME BLOCKS

Location

State ME

County Cumberland

Zoning UR

Rooms

Basement Interior, Walk-Out Access, Brick/Mortar, Doghouse, Unfinished

Interior

Interior Features 1st Floor Bedroom, Bathtub

Heating Zoned, Hot Water, Baseboard

Cooling None

Flooring Vinyl, Tile

Fireplaces Number 4

Fireplace Yes

Exterior

Parking Features 11 - 20 Spaces, Gravel, Off Street

View Y/N No

Roof Type Pitched,Shingle

Street Surface Paved

Porch Porch

Garage No

Building

Lot Description Open, Level, Sidewalks, Intown

Story 3

Foundation Granite, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Federal

Structure Type Brick,Masonry

Others

Energy Description Oil

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1647309

Maine MLS (MREIS) IDX

Nearby Locations

Brandon Howland

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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771 Gray RD