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  • Price cut: $50K (8/19)
    $699,000

    1102 Gilead Road, Gilead, ME 04217

    10beds
    3,590sqft
    : 
    $4,291/mo
    Get pre-qualified
    Multi Family
    Built in 1989
    -- sqft lot
    $-- Zestimate®
    $195/sqft
    $-- HOA

    What's special

    Scenic mountain views
    The property borders the White Mountain National Forest picnic grounds, offering direct access to roughly 800,000 acres of public land. A public boat launch on the Androscoggin River sits just across the street, and Sunday River Resort is approximately 20 miles away. The building faces the historic Gilead Train Station, the town office, and the former schoolhouse, with scenic mountain views and an active railroad running through town. Current rents total approximately $6,775 per month, or $81,300 annually, with gross potential rent of roughly $8,000 per month, about $96,000 per year, once all units are at market. The flexible layout accommodates long-term, mid-term, or short-term rental strategies, subject to local and state regulations. An experienced short-term rental operator has indicated six-figure annual revenue potential with the right setup, and detailed short-term rental market data for the area is available upon request. Skiing, hiking, fishing, paddling, and snowmobiling are all within easy reach, making this a strong fit for both year-round tenants and seasonal visitors. Schedule your private showing today.
    41 days
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    140
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    EXP Realty

    Source: Maine Listings,MLS#: 1670893MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Baseboard, Hot Water, Zoned
      Cooling
      • None
      Appliances
      • Laundry: Laundry - Coin
      Features
      • Flooring: Carpet, Laminate
      • Basement: Exterior Entry,Full,Unfinished
      Interior area
      • Total structure area: 3,590
      • Total interior livable area: 3,590 sqft
      • Finished area above ground: 3,590
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, 11 - 20 Spaces
      Features
      • Patio & porch: Deck, Porch
      • Has view: Yes
      • View description: Scenic
      Lot
      • Size: 1 Acres
      • Features: Near Golf Course, Rural, Ski Resort, Near Railroad, Level, Open Lot, Wooded
      Details
      • Parcel number: GILEM001L023
      • Zoning: Residential
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete
      • Roof: Shingle
      Condition
      • Year built: 1989

      Utilities & green energy

      • Electric: Circuit Breakers, Generator Hookup
      • Sewer: Private Sewer, Septic Tank
      • Water: Private, Well

      Community & HOA

      Location
      • Region: Gilead

      Financial & listing details

      • Price per square foot: $195/sqft
      • Tax assessed value: $200,592
      • Annual tax amount: $3,029
      • Date on market: 7/8/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,703/mo

        Price history

        DateEventPrice
        8/19/2026Price change$699,000-6.7%$195/sqft
        Source: Maine Listings #1670893 Report a problem
        7/8/2026Listed for sale$749,000+50.1%$209/sqft
        Source: Maine Listings #1670893 Report a problem
        6/11/2024Listing removed--
        Source: Maine Listings #1586764 Report a problem
        5/23/2024Price change$499,000-16.7%$139/sqft
        Source: Maine Listings #1586764 Report a problem
        4/18/2024Listed for sale$599,000$167/sqft
        Source: Maine Listings #1586764 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,410 +4.6%$200,592
        2023$3,260 +2.5%$200,592
        2022$3,179 -2.8%$200,592
        2021$3,270 $200,592
        2020$3,270 +27.3%$200,592
        2019$2,568 -2.3%$200,592
        2018$2,628 +6.5%$200,592
        2017$2,467 +16%$200,592
        2016$2,126 -5.4%$200,592
        2015$2,247 +19.1%$200,592
        2014$1,886 $200,592
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 04217

        Getting around

        0 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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