518 Ossipee Trail E, Gorham, ME 04038 (MLS # 1622877)
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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
LAST UPDATED | 7/1/2025 | YEAR BUILT | 1941 |
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COUNTY | Cumberland | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | None |
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BASEMENT | Full, Yes |
CONSTRUCTION | Vinyl Siding |
HEAT | Forced Air |
LOT | 8.69 acre(s) |
MLS STATUS | Active |
PARKING | Paved |
SEWER | Private Sewer |
STORIES | 1 |
STYLE | Ranch |
TAXES | 6207 |
WATER | Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Keller Williams Realty, (207) 232-8877
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial 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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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2025.
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