$460,000
SOLD JAN 29, 2025

462 Main St Gorham, ME 04038

2 Beds
3 Baths
3,278 Sq Ft
1.38 Acres

Recently Sold

$140 Per Sq Ft

21% Above List Price

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 2 Fireplaces
  • Gorham High School Rated 9+
  • Main Floor Bedroom
  • No HOA

About This Home

As of January 2025

Investors Take Note! Prime Opportunity in Gorham's Mosher Corner Mixed-Use District.

Seize the chance to own a versatile property in the highly desirable Mosher Corner Mixed-Use District, offering both residential and commercial potential. This property includes three distinct buildings on a prominent Main Street, 1,38 lot, providing endless possibilities for income generation or business opportunities.

Building 1: A 2-bedroom home, perfect for rental income or owner occupancy. Needs full renovation or tear down.
Building 2: Features a spacious garage and two apartments: a 2-bedroom unit on the first floor and a 3-bedroom unit on the second floor. Ideal for rental income or a live-work setup.
Building 3: A large, detached one-car garage with excellent visibility on Main Street, offering a fantastic opportunity for a business, studio, or retail space.

With its prime location and flexible zoning, this property is a must-see for investors looking to expand their portfolio or entrepreneurs seeking a live-work opportunity. The high-traffic area and mixed-use potential make this a standout investment in the thriving Gorham market.

Don't miss out on this unique property - schedule your showing today!

Last Agent to Sell the Property

Jennifer Whitehead

Dream Home Realty LLC Listed on: 12/12/2024

Last Buyer's Agent

Michael Hamilton

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1950

Lot Details

  • 1.38 Acre Lot
  • Level Lot
  • Property is zoned Mosher Corner Mixed

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,278 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Hot Water Heating System
  • Heating System Uses Steam
  • Water Heated On Demand
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number GRHM-000030-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,937

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.38
  • MLS Status: Closed
  • Directions: GPS Friendly. Sign on property.
  • Above Grade Finished Sq Ft: 3278.0
  • Architectural Style: Cape, Gambrel
  • Garage Yn: Yes
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 115.62
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.38
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3278.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Style:Gambrel: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: Investors Take Note! Prime Opportunity in Gorham's Mosher Corner Mixed-Use District. Seize the chance to own a versatile property in the highly desirable Mosher Corner Mixed-Use District, offering both residential and commercial potential. This property includes three distinct buildings on a prominent Main Street, 1,38 lot, providing endless possibilities for income generation or business opportunities. Building 1: A 2-bedroom home, perfect for rental income or owner occupancy. Needs full renovation or tear down. Building 2: Features a spacious garage and two apartments: a 2-bedroom unit on the first floor and a 3-bedroom unit on the second floor. Ideal for rental income or a live-work setup. Building 3: A large, detached one-car garage with excellent visibility on Main Street, offering a fantastic opportunity for a business, studio, or retail space. With its prime location and flexible zoning, this property is a must-see for investors looking to expand their portfolio or entrepreneurs seeking a live-work opportunity. The high-traffic area and mixed-use potential make this a standout investment in the thriving Gorham market. Don't miss out on this unique property - schedule your showing today!
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 11 - 20 Spaces, Paved, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Other, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60112.8
  • Parcel #: GRHM-000030-000005
  • Zoning: Mosher Corner Mixed

Tax Info

  • Tax Annual Amount: 2937.0
  • Tax Lot: 5
  • Tax Year: 2023

Range of Values:

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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2025 01/29/25 Sold $460,000 +21.4% $140 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $379,000 -- $116 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer Whitehead

    Seller's Agent in 2025

    Jennifer Whitehead

    Dream Home Realty LLC

    (207) 405-8503

    21 in this area

    116 Total Sales

    Jennifer Whitehead
    Section Image
  • Michael Hamilton

    Buyer's Agent in 2025

    Michael Hamilton

    Keller Williams Realty

    (207) 570-8998

    7 in this area

    269 Total Sales

    Michael Hamilton
    Section Image

  • R

    Buyer Co-Listing Agent in 2025

    Richard Reynolds

    Keller Williams Realty

    (207) 560-4883

    4 in this area

    28 Total Sales

    Richard Reynolds
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1611128

Maine Listings

APN: GRHM 030-005-000

Maine Cumberland County Gorham 04038

462 Main St, Gorham, ME

Sold

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