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847 Gray Road

Gorham, ME 04038
  • $825,000
  • STATUS: Active
  • MLS #: 1571607
UPDATED: 75 min ago
$825,000
  • 0
    BEDS
  • 1.24
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 5,607
    SQFT
Type:
Multi-Family
Built:
1824
County:
Area:

School Ratings & Info

School District:
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Description

This remarkable Federal style building is currently configured as a two-unit offering over 5600sqft of living space with plenty of parking and 153 feet of Presumpscot River frontage with its own dock. Gorgeous upscale rental units with 8 huge bedrooms, wood floors, exposed beams, custom granite kitchens, built-ins and period details throughout. Unit #1 located on the first floor offers 2448 sqft, a 3-bedroom unit. Unit #2 located on the 2nd and 3rd floors offers 3159 sqft, a 5-bedroom unit. The sellers have replaced the windows in the main house and replaced the roof shingles. This property has great visibility located in the heart of Gorham's Little Falls District, the current focus of a joint effort between Gorham and Windham with a Master Revitalization Plan in place. The current zone allows for mixed use and rooming houses like reentry or sober houses. Also, part of Gorham's Small Dwelling Overlay District lucrative for reconfiguring with more units. Join other investors like JCS Properties, LLC who just launched Red City Ale House, STJ, Inc who just completed an 8-unit condo project and Curbside Comforts along with the Gorham Economic Development Corporation that sponsors the Food Truck Thursday's event at Little Falls Recreational Area. This property would be a great investment or multi-generational home with plenty of room for most any family.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-03-02T23:50:09.677.
www.davidmarshallteam.com/homes/143273216
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847 Gray Road Gorham, ME 04038

  • Price: $825,000
  • Status: Active
  • On Site: Days
  • Updated: 75 min ago
  • MLS #: 1571607
0
Beds
3
Baths
0
½ Baths
1.24
Acres
5,607
SQFT
$147
$/SQFT
1824
Built
County:
Cumberland
Area:
Gorham
School District:
Gorham Public Schools
Property Description
This remarkable Federal style building is currently configured as a two-unit offering over 5600sqft of living space with plenty of parking and 153 feet of Presumpscot River frontage with its own dock. Gorgeous upscale rental units with 8 huge bedrooms, wood floors, exposed beams, custom granite kitchens, built-ins and period details throughout. Unit #1 located on the first floor offers 2448 sqft, a 3-bedroom unit. Unit #2 located on the 2nd and 3rd floors offers 3159 sqft, a 5-bedroom unit. The sellers have replaced the windows in the main house and replaced the roof shingles. This property has great visibility located in the heart of Gorham's Little Falls District, the current focus of a joint effort between Gorham and Windham with a Master Revitalization Plan in place. The current zone allows for mixed use and rooming houses like reentry or sober houses. Also, part of Gorham's Small Dwelling Overlay District lucrative for reconfiguring with more units. Join other investors like JCS Properties, LLC who just launched Red City Ale House, STJ, Inc who just completed an 8-unit condo project and Curbside Comforts along with the Gorham Economic Development Corporation that sponsors the Food Truck Thursday's event at Little Falls Recreational Area. This property would be a great investment or multi-generational home with plenty of room for most any family.
Exterior Features

Architectural Style ColonialFederalMulti-Level Attached Garage YN No Construction Materials Wood SidingWood Frame Foundation Details BlockStoneGranite Garage YN No Lot Features SidewalksLandscapedIntownNeighborhood Parking 5 - 10 SpacesOn Site Parking Features 5 - 10 SpacesPavedOn Site Recreational Water Deeded YN Yes Road Surface Type Paved Roof Shingle Water View No Waterfront Features River Waterfront YN Yes

Interior Features

Above Grade Finished Area 5607 Basement Exterior EntryDoghouseBulkheadInterior EntryUnfinished Below Grade Finished Area 0 Cooling None Cooling YN No Fireplace YN Yes Fireplaces Total 2 Flooring WoodTile Heating Multi-ZonesHot Water Heating YN Yes Interior Features Storage Laundry Features Washer Hookup Tile Floors YN Yes Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Green Energy Efficient Double Pane Windows Gross Income 0 Heat Fuel Oil YN Yes Internet Access Available YN Yes Land Lease YN No Operating Expense 29771 Property Seasonal No Sewer Public Sewer Tax Annual Amount 9039 Tax Year 2022 Water Body Name Presumpscot River Water Source Public Zoning LFVCD & UR

Maine Real Estate Information Systems logo Listing provided courtesy of PO-GO REALTY: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-03-02T23:50:09.677.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.