$275,000
SOLD MAR 14, 2025

151 South St Gorham, ME 04038

-- Bed
2 Baths
1,704 Sq Ft
0.8 Acres

Recently Sold

$161 Per Sq Ft

3 Days on Market

Highlights

  • Wood Flooring
  • New Englander Architecture
  • 2 Car Detached Garage
  • Village Elementary School Rated A-
  • No HOA
  • Heating System Uses Steam

About This Home

As of March 2025

Prime Multi-Family Opportunity on South Street - Rebuild or Renovate!

Looking for a project with serious potential? This multi-family property on South Street in Gorham might be the one.

This property needs a lot of work and may be best suited as a tear-down. But that's where the opportunity lies. With its prime spot near USM and local amenities, this is the perfect chance to rebuild a modern multi-family home, home or investment property that meets today's market demands.

Opportunities like this in such a sought-after location don't come around often. Bring your vision, your plans, and make this property something remarkable.

Last Agent to Sell the Property

Lisa Andrade

Dream Home Realty LLC Listed on: 02/27/2025

Last Buyer's Agent

Lisa Andrade

Dream Home Realty LLC Listed on: 02/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 1900

Lot Details

  • 0.8 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Shingle Roof
  • Clap Board Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

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

Flooring

  • Wood
  • Laminate

Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Natural Gas Not Available

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

$4,101

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8
  • MLS Status: Closed
  • Directions: Head north on 114 towards Sebago Lake. #151 South Street will be on your left.
  • Above Grade Finished Sq Ft: 1704.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 161.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.8
  • 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 Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Detached: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Style:Multi-Level: Yes
  • Heat System:Steam: Yes
  • Basement:Dirt Floor: Yes
  • Style:New Englander: Yes
  • Electric:Fuses: Yes
  • Advertising Remarks:Advertising Remarks: Prime Multi-Family Opportunity on South Street - Rebuild or Renovate! Call/Text Lisa @ 207-239-2220 for a showing. Looking for a project with serious potential? This multi-family property on South Street in Gorham might be the one. This property needs a lot of work and may be best suited as a tear-down. But that's where the opportunity lies. With its prime spot near USM and local amenities, this is the perfect chance to rebuild a modern multi-family home, home or investment property that meets today's market demands. Opportunities like this in such a sought-after location don't come around often. Bring your vision, your plans, and make this property something remarkable.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Partial, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Other, Laminate

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: GRHM-000104-000015
  • Zoning: UR

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4101.3
  • Tax Lot: 15
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Capital Heights Llc
Bought by
Flaggship Builders Llc

Purchase Details

Listed on
Feb 27, 2025
Closed on
Mar 14, 2025
Sold by
Irving Bonnir M
Bought by
Capital Heights Llc
Seller's Agent
Lisa Andrade
Dream Home Realty LLC
Buyer's Agent
Lisa Andrade
Dream Home Realty LLC
List Price
$275,000
Sold Price
$275,000
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price List to Sale Price per Sq Ft
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
03/02/2025 03/02/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $275,000 -- $161 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

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

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1615085

Maine Listings

APN: GRHM-000104-000015