518 Ossipee Trl E

Gorham, ME 04038
  • $1,500,000

    Price
  • 0

    Bed
  • 9

    Bath
  • 4,640

    SqFt

About the Listing 2957 - 020941

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

Listing Highlights for 518 Ossipee Trl E

Status Pending
Days on Site 112
Property Type Multi-Family
MLS ® 1622877
Year Built 1941
Total Square Footage 4,640
Lot/Acreage 8.69
County Cumberland

Interior Details

  • Bedrooms: 0
  • Bathrooms: 9 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 4640
  • Below Ground Sq Ft: 0
  • Basement: Interior,Full,Doghouse
  • Other:
  • Water: Private

Exterior Details

  • Lot Description: Well Landscaped,Near Town
  • Garage Capacity: N/A
  • Zoning: SR
  • Roof: Shingle
  • Others:
  • Sewer: Private Sewer
  • Parking Features: 11 - 20 Spaces,Paved

Financial Details

  • Tax Amount: $6,207
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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518 Ossipee Trl E Gorham, ME 04038

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Originating MLS: Maine Listings

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