SoldNov 18, 2025

Listed by William Van Wickler from Keller Williams Realty

Bought with Christopher Davis from Real Broker

Source: Maine Real Estate Information System, Inc. #1622877

518 Ossipee Trail, Gorham, ME, 04038

$1,500,000

9
4640 sq. ft.
378536.4 sq. ft.

MultiFam

•

30+ days on the market

Sold: Nov 18, 2025

What's around 518 Ossipee Trail

About this property

Excellent Investment Opportunity! This well-maintained property features a total of 9 units, including two duplexes and a 5-unit building. Each unit is separately metered for heat and electricity, with tenants responsible for their own utilities. The property boasts a solid rental history and individual heating systems for each unit. The current owner has prioritized upkeep, with major updates already completed, including a new roof and new windows. While the property is already stable and cash-flowing, there is significant upside potential through cosmetic upgrades and rent increases, as current rents are below market. Don't miss this opportunity to own a reliable, income-producing asset with room to grow! NOI: 134,919.31

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