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Multi-FamilyMEGorham040388 College Avenue, Gorham, ME, 04038

8 College Avenue, Gorham, ME, 04038

8 College Avenue, Gorham, ME, 04038
8 baths
$1,799,000
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Basics

  • Date added: Added 3 months ago
  • Category:
  • Status:
  • Bathrooms: 8
  • Lot size: 0.61 sq ft
  • Year built: 1803
  • Bathrooms Full: 8
  • Lot Size Acres: 0.61 acres
  • Zoning: UR, Historic
  • County: Cumberland
  • MLS ID: 1623066

Description

  • Description:

    Investment opportunity alert! Say hello to the McLellan House - an 8 Unit historic head-turner and turnkey treasure tucked into the heart of Gorham Village. Situated just steps from USM and all of Gorham's go-to spots - cafes, shops, and community happenings - this handsome colonial offers convenience to all who call it home. A stellar setup for savvy investors, this fully occupied eight-unit gem boasts a strong rental record, smart layouts, and low-maintenance living that keeps headaches (and handyman calls) to a minimum. Each unit is separately metered; tenants handle utilities, while the landlord covers water and sewer. Add in a sizable deck, detached 2-car garage, and spots for each tenant's cars (no parallel parking panic here!) and you've got a perfect combination of convenience and curb appeal. Whether you're looking to grow your portfolio or plant roots in one of Maine's most charming college towns, the McLellan House is your golden goose. Opportunity is knocking - will you answer?

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Location

  • View: Scenic

Building Details

  • Building Area Total: 5444 sq ft
  • Number Of Units Total: 8
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Colonial, Federal
  • Sewer: Public Sewer
  • Heating: Direct Vent Furnace
  • StoriesTotal: 3
  • Stories: 3
  • Roof: Shingle
  • Foundation Details: Granite
  • Basement: , , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Other, Laminate, Carpet
  • Utilities: Utilities On
  • Parking Features: Auto Door Opener, 5 - 10 Spaces, Paved, Detached, Off Street
  • Garage Spaces: 2
  • WaterSource: Public
  • Lot Features: Open, Near Town
  • Patio And Porch Features: Deck
  • Fireplaces Total: 0
  • Cooling: None

Fees & Taxes

  • Gross Income: $171,000

Miscellaneous

  • Attribution Contact: info@kingmillerrealestate.com

Courtesy of

  • List Office Name: King + Miller Real Estate

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Office: 207-942-6310

458 Main Street
Bangor, ME
LICENSE #BA928013
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