Seller's Agent in 2025
Will Van Wickler
Keller Williams Realty
(207) 232-8877
1 in this area
260 Total Sales
518 Ossipee Trail E Gorham, ME 04038
--
Bed
9
Baths
4,640
Sq Ft
8.69
Acres Lot
Highlights
- 8.69 Acre Lot
- No HOA
- Forced Air Heating System
- Village Elementary School Rated A-
- Landscaped
- Carpet
About This Home
As of November 2025Excellent Investment Opportunity! This well-maintained property features a total of 9 units, including two duplexes and a 5-unit building. Each unit is separately metered for heat and electricity, with tenants responsible for their own utilities. The property boasts a solid rental history and individual heating systems for each unit. The current owner has prioritized upkeep, with major updates already completed, including a new roof and new windows. While the property is already stable and cash-flowing, there is significant upside potential through cosmetic upgrades and rent increases, as current rents are below market. Don't miss this opportunity to own a reliable, income-producing asset with room to grow! NOI: 134,919.31
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: (207) 232-8877 Listed on: 07/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,207
Year Built
- Built in 1941
Lot Details
- 8.69 Acre Lot
- Landscaped
Parking
- Paved Parking
Home Design
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 9 Full Bathrooms
- 4,640 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Utilities
- No Cooling
- Forced Air Heating System
- Private Water Source
- Private Sewer
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 514OssipeeTrailGorham7614-1
Community Details
Overview
- No Home Owners Association
- 9 Units
Building Details
- Operating Expense $22,281
- Gross Income $157,200
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | Sold | $1,500,000 | 0.0% | $323 / Sq Ft |
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $1,500,000 | 0.0% | $323 / Sq Ft |
| 06/16/2025 06/16/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | For Sale | $1,500,000 | -- | $323 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,250 | $422,300 | $181,400 | $240,900 |
| 2024 | $6,208 | $422,300 | $181,400 | $240,900 |
| 2023 | $5,807 | $422,300 | $181,400 | $240,900 |
| 2022 | $5,427 | $422,300 | $181,400 | $240,900 |
| 2021 | $5,372 | $276,900 | $160,300 | $116,600 |
| 2020 | $5,261 | $276,900 | $160,300 | $116,600 |
| 2019 | $5,247 | $276,900 | $160,300 | $116,600 |
| 2018 | $5,040 | $276,900 | $160,300 | $116,600 |
| 2017 | $4,735 | $276,900 | $160,300 | $116,600 |
| 2016 | $4,707 | $276,900 | $160,300 | $116,600 |
| 2015 | $4,513 | $276,900 | $160,300 | $116,600 |
| 2014 | $4,501 | $258,700 | $152,700 | $106,000 |
| 2013 | $4,476 | $258,700 | $152,700 | $106,000 |
Source: Public Records
Agents Affiliated with this Home
-
Will Van Wickler
-
Christopher Davis
Buyer's Agent in 2025
Christopher Davis
Real Broker
(207) 756-2442
4 in this area
151 Total Sales
Map
Source: Maine Listings
MLS Number: 1622877
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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