$440,000
Gorham, ME 04038
MLS# 1400105
Status: Closed
6 baths | 5664 sqft
1 / 35
Property Description
Located in the heart of Gorham & just minutes from Westbrook & Portland, this multi-unit offers endless possibilities. This iconic property is just off the corner of RT 114 & RT 25 w/ outstanding traffic counts, visibility & walk-ability to local amenities & The University of Southern Maine. Originally built as a grand single family home in 1812 the main building is currently a 9 bedroom boarding house. There is also a 4 bay garage & separate 2 unit that has been comprehensively updated (2 - 2 bedroom, 1 bath units). Situated on nearly 1/2 acre with well over 5,600 combined finished sqftt & lots of parking this possibility range from rental, restaurant & retail to boutique hotel, B&B, office or even condo conversion... Building has lots of retained details & many updates including: Commercial grade sprinkler system, Roof, Siding, Windows, Boiler, Electrical and lighting, Structural support, Decks, Paint - interior and exterior, Various room updates, Both apartments fully updated, Etc.
Details
Documents
Location Information
Street #: 24
Street Name: School
Street Type: Street
County: Cumberland
Town: Gorham
State/Province: ME
Zip Code: 04038
Zip +4: 1009
Leased Land: No
Book: 33308
Page: 220
Map: 102
Lot: 70
Zoning: GVC
Zoning Overlay: No
Association: No
Full Tax Amount $: 6469
Tax Year: 2017
Geo Lat: 43.680026
Geo Lon: -70.443604
Contract Information
Status: Closed
Original List Price: 445000
Sold Price: $440,000
Current Price: $440,000
Property Information
Surveyed: Unknown
Seasonal: No
Deed: All
Bank Owned REO: No
2 Detached Houses on 1 Lot: Yes
Number of Units: 3
Total Baths: 6
Total Full Baths: 6
Color: White
Year Built: 1812
SqFt Finished Above Grade: 5664
SqFt Finished Total: 5664
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 4
Lot Size Acres +/-: 0.38
Source of Acreage: Public Records
Road Frontage: No
Compensation & Misc Info
Buyer Agency: 2.5
Buyer Agency Type: %
Status Change Info
Pending Date: 2019-02-26
Closed Date: 2019-03-18
Closed Price: 440000
Water Info
Water Frontage: No
Building Info
# Stories: 3
# Heating Units: 2
# Water Heaters: 3
Units
# of 2 BD Units: 2
# of 4+ BD Units: 1
Unit 1
Lease: Yes
Security Deposit: Yes
Monthly Rent: 1400
# Full Baths: 1
# of Bedrooms: 2
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2
Lease: Yes
Security Deposit: Yes
Monthly Rent: 1425
# Full Baths: 1
# of Bedrooms: 2
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3
Lease: No
Monthly Rent: 5850
# Full Baths: 4
# of Bedrooms: 9
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: Yes
Property Features
Site: Level; Open; Rolling/Sloping; Sidewalks
Location: Intown; Near Country Club; Near Golf Course; Near Shopping; Suburban
Roads: Paved; Public
Transportation: Major Road Access; Near Airport
Recreational Water: Nearby
Style: Colonial; Duplex
Construction: Wood Frame
Basement: Full; Slab; Unfinished
Basement Entry: Interior
Exterior: Vinyl Siding; Wood Siding
Roof: Shingle
Heat System: Hot Air; Hot Water; Multi-Zones; Radiator
Heat Fuel: Oil
Water Heater: Tank
Cooling: None
Floors: Wood
Amenities: 1st Floor Bedroom; Storage
Patio and Porch Features: Deck
Driveway: Paved
Parking: 5 - 10 Spaces; Off Street; On Site; Paved
Vehicle Storage: 4+ Car; Detached
Electric: Circuit Breakers
Gas: Unknown
Sewer: Public Sewer
Water: Public
Property Disclosure Public Access 
Listing Office: Benchmark Real Estate
Last Updated: May - 28 - 2019
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