PENDING1.24 ACRES
847 Gray Road
Gorham, ME 04038
Studio
3 Baths
5,607 sqft (on 1.24 acres)
- Studio
- 3 Baths
- 5,607 sqft (on 1.24 acres)
Studio
3 Baths
5,607 sqft
(on 1.24 acres)
Local Information
© Google
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Commute Destination
Last check for updates: about 24 hours ago
Listing courtesy of PO-GO REALTY
Source: Maine Listings, MLS#1571607
Also Listed on Maine Listings.
Description
This remarkable Federal style building is currently configured as a two-unit offering over 5600sqft of living space with plenty of parking and 153 feet of Presumpscot River frontage with its own dock. Gorgeous upscale rental units with 8 huge bedrooms, wood floors, exposed beams, custom granite kitchens, built-ins and period details throughout. Unit #1 located on the first floor offers 2448 sqft, a 3-bedroom unit. Unit #2 located on the 2nd and 3rd floors offers 3159 sqft, a 5-bedroom unit. The sellers have replaced the windows in the main house and replaced the roof shingles. This property has great visibility located in the heart of Gorham's Little Falls District, the current focus of a joint effort between Gorham and Windham with a Master Revitalization Plan underway. The current zone allows for mixed use and rooming houses like reentry or courage houses. Also, part of Gorham's Small Dwelling Overlay District lucrative for reconfiguring with more units. Join other investors like JCS Properties, LLC who just launched Red City Ale House, STJ, Inc who just completed an 8-unit condo project, Depot Street new apartment complex and Backwoods BBQ along with the Gorham Economic Development Corporation that sponsors the Food Truck Thursday's event at Little Falls Recreational Area. This property would be a great investment or multi-generational home with plenty of room for most any family.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$143
Listed
No Info
Home Details for 847 Gray Road
Active Status |
|---|
MLS Status: Pending |
Interior Features |
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Interior Details Basement: Exterior Entry,Doghouse,Bulkhead,Interior Entry,Unfinished |
Beds & Baths Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 5607 Square Feet |
Appliances & Utilities Laundry: Washer Hookup |
Heating & Cooling Heating: Multi-Zones,Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Multi Zones |
Fireplace & Spa Number of Fireplaces: 2Has a Fireplace |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Wood, Tile |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 3Levels: Multi/SplitFloors: Wood, Tile |
Exterior Features |
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Exterior Home Features Roof: ShingleFoundation: Block, Stone, GraniteNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: 5 - 10 Spaces,Paved,On Site |
Frontage WaterfrontWaterfront: River FrontRoad Surface Type: PavedOn Waterfront |
Water & Sewer Sewer: Public SewerWater Body: Presumpscot River |
Farm & Range Frontage Length: Waterfrontage: 153, Waterfrontage Owned: 153 |
Finished Area Finished Area (above surface): 5607 Square Feet |
Property Information |
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Year Built Year Built: 1824 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Colonial,Federal |
Building Construction Materials: Wood Siding, Wood Frame |
Price & Status |
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Price List Price: $799,000Price Per Sqft: $143 |
Status Change & Dates Off Market Date: Tue Apr 16 2024 |
Location |
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Direction & Address City: Gorham |
School Information High School District: Gorham Public Schools |
Agent Information |
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Listing Agent Listing ID: 1571607 |
Building |
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Building Area Building Area: 5607 Square Feet |
Lot Information |
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Lot Area: 1.24 Acres |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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BasementMls Number: 1571607 |
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Property Taxes and Assessment
| Year | 2022 |
|---|---|
| Tax | $9,039 |
| Assessment | $703,400 |
Home facts updated by county records
Comparable Sales for 847 Gray Road
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $715,000 | 09/29/23 | 5 | 3,896 | ||
0.46 | Multi-Family Home | $575,000 | 01/17/24 | 4 | 1,382 | ||
2.15 | Multi-Family Home | $1,100,000 | 07/27/23 | 5 | 3,863 | ||
2.46 | Multi-Family Home | $460,000 | 06/05/23 | 3 | 2,072 | ||
3.23 | Multi-Family Home | $1,100,000 | 12/14/23 | 6 | 2,496 | ||
3.19 | Multi-Family Home | $455,000 | 12/13/23 | 2 | 1,068 | ||
3.35 | Multi-Family Home | $1,201,207 | 12/12/23 | 11 | 9,512 | ||
4.00 | Multi-Family Home | $300,000 | 02/14/24 | 4 | 2,974 | ||
3.81 | Multi-Family Home | $700,000 | 08/11/23 | 4 | 3,490 |
What Locals Say about Gorham
- M. B.
- Resident
- 4y ago
"Gorham is in a location where you have to drive a minimum of 15-20min to get to the highways. Driving into downtown Portland can take up to 1hr with rush hour traffic. "
- Wilson d.
- Resident
- 5y ago
"I lived here for twenty years. The neighbours are very friendly and helpful. This is one of the best communities in southern Maine. "
- Guitahguy22
- Resident
- 5y ago
"The rusticity and diversity of the neighborhood. I grew up in south Portland and since I’ve been in Gorham it’s been a pleasure, to say the least "
- Marion R.
- 12y ago
"Your children can walk to school. You can walk to the store and all around town. The people are very friendly and easy going. The home has a lovely yard with room for a pool in the back. The hardwood floors have been redone. It is move-in ready!"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
PO-GO REALTY
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.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
847 Gray Road, Gorham, ME 04038 is a studio, 3 bathroom, 5,607 sqft multi-family built in 1824. This property is currently available for sale and was listed by Maine Listings on Mar 12, 2024. The MLS # for this home is MLS# 1571607.