$575,000
UNDER CONTRACT

151 South St Gorham, ME 04038

Estimated payment $3,387/month

Total Views 689
-- Bed
2 Baths
1,704 Sq Ft
$337 Price per Sq Ft

Highlights

  • Wood Flooring
  • New Englander Architecture
  • High-Efficiency Water Heater
  • Village Elementary School Rated A-
  • No HOA
  • Hot Water Heating System

About This Home

Newly renovated two-unit in the heart of downtown Gorham! This property offers a turn-key investment or owner-occupied opportunity in one of Gorham's most desirable locations. Nearly every aspect has been refreshed — including new sheathing, roofing, heating systems, plumbing, hybrid hot water heaters, updated electrical, drywall, and beautifully refinished or new flooring throughout. Both kitchens have been fully renovated with new cabinets, countertops, and appliances. Each unit has separate electrical meters, plus a dedicated landlord meter for basement and exterior utilities. Additional highlights include a public water & sewer, brand-new driveway and the exciting potential to expand into the third floor for some extra living space. Don't miss this rare opportunity — showings begin Wednesday!

Listing Agent

Lisa Andrade

Dream Home Realty LLC Listed on: 10/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 1900

Lot Details

  • 0.45 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 1,704 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Laminate
  • Tile

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Dirt Floor

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Hot Water Heating System
  • High-Efficiency Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number GRHM-000104-000015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,469

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.45
  • MLS Status: Active Under Contract
  • Above Grade Finished Sq Ft: 1704.0
  • Architectural Style: Other, New Englander
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Efficiency: Water Heater
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 337.44
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.45
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1704.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Dirt Floor: Yes
  • Water Heater:Heat Pump2: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Newly renovated two-unit in the heart of downtown Gorham! This property offers a turn-key investment or owner-occupied opportunity in one of Gorham's most desirable locations. Nearly every aspect has been refreshed — including new sheathing, roofing, heating systems, plumbing, hybrid hot water heaters, updated electrical, drywall, and beautifully refinished or new flooring throughout. Both kitchens have been fully renovated with new cabinets, countertops, and appliances. Each unit has separate electrical meters, plus a dedicated landlord meter for basement and exterior utilities. Additional highlights include a public water & sewer, brand-new driveway and the exciting potential to expand into the third floor for some extra living space. Don't miss this rare opportunity — showings begin Wednesday!
  • Levels:Multi-Level3: Yes
  • Energy Efficiency Water Heater: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Other, Partial, Exterior Only
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Other, Laminate

Exterior Features

  • Lot Features: Level, Intown, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Clapboard, Other
  • Foundation Details: Stone, Other
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: GRHM-000104-000015
  • Zoning: UR

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4469.0
  • Tax Lot: 15
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,469 $304,000 $128,400 $175,600
2023 $4,180 $304,000 $128,400 $175,600
2022 $3,906 $304,000 $128,400 $175,600
2021 $2,999 $154,600 $81,700 $72,900
2020 $2,937 $154,600 $81,700 $72,900
2019 $2,930 $154,600 $81,700 $72,900
2018 $2,814 $154,600 $81,700 $72,900
2017 $2,644 $154,600 $81,700 $72,900
2016 $2,628 $154,600 $81,700 $72,900
2015 $2,520 $154,600 $81,700 $72,900
2014 $2,553 $146,700 $99,800 $46,900
2013 $2,538 $146,700 $99,800 $46,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2025 10/26/25 For Sale $575,000 +109.1% $337 / Sq Ft
03/14/2025 03/14/25 Sold $275,000 0.0% $161 / Sq Ft View Prior Sale
03/02/2025 03/02/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $275,000 -- $161 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 --
Warranty Deed $125,000 --
Warranty Deed $275,000 None Available
Warranty Deed $275,000 None Available
Source: Public Records

Source: Maine Listings

MLS Number: 1641942

Maine Listings

APN: GRHM-000104-000015