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1102 Gilead Road, Gilead, ME 04217

$659,000
  • 1102 Gilead Road, Gilead, ME 04217 Main Photo

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BEDS0 BATHS6 full SQUARE FEET3,590 MLS#1670893
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

The property borders the White Mountain National Forest picnic grounds, offering direct access to roughly 800,000 acres of public land. A public boat launch on the Androscoggin River sits just across the street, and Sunday River Resort is approximately 20 miles away. The building faces the historic Gilead Train Station, the town office, and the former schoolhouse, with scenic mountain views and an active railroad running through town.Current rents total approximately $6,775 per month, or $81,300 annually, with gross potential rent of roughly $8,000 per month, about $96,000 per year, once all units are at market. The flexible layout accommodates long-term, mid-term, or short-term rental strategies, subject to local and state regulations. An experienced short-term rental operator has indicated six-figure annual revenue potential with the right setup, and detailed short-term rental market data for the area is available upon request.Skiing, hiking, fishing, paddling, and snowmobiling are all within easy reach, making this a strong fit for both year-round tenants and seasonal visitors. Schedule your private showing today.

1102 Gilead Road | MLS# 1670893

This multi-family property located at 1102 Gilead Road, Gilead, ME 04217 is currently listed for sale with an asking price of $659,000. Search Gilead real estate on praneepowers.ahousetohomerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Exterior Entry, Full, Unfinished
Heating: Propane, Baseboard, Hot Water, Zoned
Home Style: Other
Lot Size: 1.00 Acres
Roof Type: Shingle
Taxes: $3,029
Year Built: 1989

Feature Descriptions

Amenities: Laundry - Coin
Electric: Circuit Breakers, Generator Hookup
Equipment: Generator
Exterior: Wood Frame, Vinyl Siding
Flooring: Carpet, Laminate
Foundation: Poured Concrete
Lot: Near Golf Course, Rural, Ski Resort, Near Railroad, Level, Open Lot, Wooded
Parking: Paved,11 - 20 Spaces
Road Surface: Paved
Sewer: Private Sewer, Septic Tank
Special View Info: Scenic
SQ FT Above Grade: 3590
SQ FT Below Grade: 0
Water: Private, Well
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: EXP Realty
Agency Phone: 888-439-8743

Shown By

Agent Name: Pranee Powers
Agent Phone: (603) 449-4212
Agency Title: A House to Home Realty

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Estimated Payment

$ 1,911.27 per month $1,466.65 Principal & Interest $252.42 Property Tax $192.21 Homeowner's Insurance

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