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518 Ossipee E Trail, Gorham, ME 04038

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Listing Type
Multi Family
Listing Status
Pending
31
Overview
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Transportation
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$1,500,000

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Home Details for 518 Ossipee E Trail
Price
$1,500,000
Type
Multi Family
Total Bathrooms
9
Full Bathrooms
9
Year Build
1941
Sq. Ft.
4640
Lot Size
8.69
County
Cumberland
Basement
Full
Tax
$6,207
MLS®️ Listing#
1622877
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
Property Features
Listing Courtesy: Keller Williams Realty - (207) 232-8877
mls_iconListing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.
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