1102 Gilead Road
Property Description
Rare 6-unit investment in Gilead, ME. Borders White Mountain National Forest picnic grounds with access to ~800,000 acres of public land. Public boat launch on the Androscoggin across the street; Sunday River ~20 miles. Across from the Gilead Train Station, town office, and former schoolhouse, with scenic views and an active railroad running through town. Currently ~$6,775/mo ($81,300/yr), with gross potential rent of ~$8,000/mo ($96,000/yr). Flexible layout suits long-, mid-, or short-term rentals, subject to local and state regulations. An experienced STR operator sees 6-figure annual revenue potential with the right setup. Skiing, hiking, fishing, paddling, and snowmobiling nearby. Schedule your private showing today.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $659,000 |
| No. of Units: | 6 |
| Year Built: | 1989 |
| Lot Size: | 3,590.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $109,833 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 6 |
ID: 3yd-MREISME-1670893
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
169 Pitman St
Fall River, Massachusetts
77 Appleton Ave
Pawtucket, Rhode Island
90 & 90A Bradford Road
Keene, New HampshireBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout