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518 Ossipee E Trail, Gorham, ME 04038
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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
- Cooling Information
- None
- Heating Information
- Forced Air
- Water Features
- Private
- Parking
- Paved
- Basement
- Full
Listing Courtesy: Keller Williams Realty - (207) 232-8877
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