Located in the heart of Gorham Village, this 4 Unit offers a great investment opportunity or the owner to occupy and have the tenants pay the mortgage! The location cannot be beaten. Just steps to all of the amenities that Gorham has to offer, The University of Maine, restaurants, a grocery store, a bookstore, and boutiques are all within 1 mile. Many recent updates have been made to the property that includes: New roofing, siding, windows & trim / framing, blown-in insulation, plumbing, and new hot water tanks. The owner has occupied one of the two-bedroom units and has kept the rent low for her tenants, so there is a lot of upside income potential. This area is a very strong rental market demanding higher rental values. Broker Open House Friday, Nov. 11th, 9AM-11AM
Closed
$490,000
4 Glenwood Avenue, Gorham, ME 04038
6beds
3,192sqft
Multi Family
Built in 1820
-- sqft lot
$625,800 Zestimate®
$154/sqft
$2,617 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 12, 2025 at 07:12pm
Listed by:
Green Tree Realty, LLC
Bought with:
The Moulton Group Real Estate Brokering and Appraising
Source: Maine Listings,MLS#: 1547765
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Direct Vent Heater, Hot Water, Zoned
Cooling
- None
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry,Dirt Floor,Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,192
- Total interior livable area: 3,192 sqft
- Finished area above ground: 3,192
- Finished area below ground: 0
Property
Parking
- Parking features: Common, 5 - 10 Spaces
Lot
- Size: 7,840 sqft
- Features: City Lot, Near Shopping, Neighborhood, Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: GRHMM101B023L000
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Granite
- Roof: Shingle
Condition
- Year built: 1820
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Gorham