$231,400
SOLD SEP 18, 2025

50 Cascade Flats Gorham, NH 03581

-- Bed
-- Bath
4,617 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • Nearby Water Access
  • River Front
  • Balcony
  • Gorham High School Rated 10
  • Deck
  • Garden

About This Home

As of September 2025

Discover this rare 2-family property offering direct river frontage and stunning views located in the White Mountains. Each unit provides comfortable living space with strong rental potential—ideal for owner-occupancy, investment, or vacation rental. Enjoy the sound of the river from your yard, with nearby access to hiking, skiing, and all the outdoor recreation the White Mountains and Lakes Region are known for. A unique opportunity to own a versatile property in a highly desirable location!

Last Agent to Sell the Property

Justine Foden

License #072889 Listed on: 08/20/2025

Last Buyer's Agent

Justine Foden

License #072889 Listed on: 08/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • River Front
  • Garden

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Window Screens
  • Water Views

Flooring

  • Laminate
  • Vinyl Plank

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Nearby Water Access
  • Shared Private Water Access
  • Deep Water Access
  • Balcony
  • Deck
  • Outdoor Storage

Schools

  • Gorham Middle School
  • Gorham High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • The river is a source of water for the property

Community Details

  • 2 Units
  • 1 Leased Unit

Listing and Financial Details

  • Tax Block 29
  • Assessor Parcel Number U15

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,576

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1920
  • Display On Internet: High Speed Intrnt Avail
  • Architectural Style: Multi-Family, Multi-Level
  • ResoLotFeatures: River Frontage
  • Road Frontage Type: Public, Public Maintained Road
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 4617.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_Body_Access: Yes
  • Water_Body_Type: River
  • Water_View: Yes
  • Water_Access_Details: Deep Water Access, Directly Adjoining, Shared-Private
  • Basement_Access_Type: Walkout
  • Separate_Utilities: Yes
  • Above_Grade_Unfinished_Area_Source: Estimated
  • Below_Grade_Unfinished_Area_Source: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Domestic Water Heater, Water Heater off Boiler
  • Flooring: Laminate, Vinyl Plank
  • Basement: Concrete Floor, Full, Interior Stairs, Unfinished, Walkout
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Exterior Features: Balcony, Deck, Garden, Porch, Covered Porch, Storage, Window Screens
  • Roof: Asphalt Shingle
  • Water Body Name: Androscoggin River
  • Construction Type: Wood Frame
  • Waterfront: Yes
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Driveway

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil, Baseboard, Hot Water
  • Cooling: None
  • Trash: Curbside
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • High School: Gorham High School
  • Middle Or Junior School: Gorham Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: RA
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3576.0
  • Tax Block: 29
  • Tax Lot: 000
  • Tax Map Number: U15

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 1
  • Number Of Separate Electric Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 23, 2021
Sold by
Brennan Debra
Bought by
Downes Jaron
Seller's Agent
Maureen Garrette
KW Coastal and Lakes & Mountains Realty/N Conway
Buyer's Agent
Michael Gagne
The Mullen Realty Group, LLC
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$137,750
Outstanding Balance
$125,101
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$76,147

Purchase Details

Closed on
Jan 25, 2017
Sold by
Adinolfi Victor R
Bought by
Brennan John and Brennan Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,191
Interest Rate
4.16%
Mortgage Type
New Conventional
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 $145,000 None Available
Warranty Deed $87,933 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,750 Purchase Money Mortgage
Previous Owner $229,191 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2025 09/18/25 Sold $231,400 -3.5% $50 / Sq Ft
08/20/2025 08/20/25 For Sale $239,900 0.0% $52 / Sq Ft
11/01/2024 11/01/24 Rented $1,525 +1.7% --
09/09/2024 09/09/24 For Rent $1,500 0.0% --
07/23/2021 07/23/21 Sold $145,000 0.0% $77 / Sq Ft View Prior Sale
06/15/2021 06/15/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $145,000 -- $77 / Sq Ft
Source: PrimeMLS

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 $3,576 $126,400 $25,500 $100,900
2023 $3,103 $126,400 $25,500 $100,900
2022 $3,065 $126,400 $25,500 $100,900
2021 $2,300 $64,600 $12,400 $52,200
2020 $2,058 $64,600 $12,400 $52,200
2019 $2,182 $64,600 $12,400 $52,200
2018 $2,359 $64,600 $12,400 $52,200
2017 $2,998 $88,300 $12,400 $75,900
2014 $1,927 $62,800 $11,900 $50,900
2010 $1,770 $73,900 $17,200 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5057444

PrimeMLS

APN: GORH-000015-000000-000029-U000000