1102 Gilead Rd, Gilead, ME 04217
- $699,000
- 6
- BA
- 3,590
- SqFt
Listing courtesy of EXP Realty.
- List Price
- $699,000
- MLS#
- 1670893
- Status
- ACTIVE
- Type
- Multifamily
- City
- Gilead
- County
- Oxford
- Bathrooms
- 6
- Living Area
- 3,590
- Lot Size
- 43,560
- Year Built
- 1989
Property Description
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.
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Additional Information
- Living Area
- 3,590
- View
- Scenic View(s)
- Electric
- Circuit Breakers, Generator
- Water
- Private Well, Well
- Basement
- Exterior Entry, Full, Unfinished
- Cooling
- None
- Year Built
- 1989
- Acres
- 1
- Roof
- Shingle
- Foundation
- Poured Concrete
- Style
- Other
- Courtesy Of Listing Office
- EXP Realty
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