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1686 North Road, Gilead, ME 04217

$675,000
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Active
BATHS6 full SQUARE FEET3,456 MLS#1647340
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Rare Multi-Unit Property! 1686 North Road offers an exceptional investment opportunity with three residential units on one expansive parcel or for a home owner the opportunity to own a versatile property featuring a primary residence plus two additional rental units. The main residence (Unit 1) features three bedrooms, two full bathrooms, laundry hookups, a two-car garage, office space, and a walk-in basement ideal for storage or a fitness area. Units 2 (newly remodeled) and 3 each include two bedrooms, two full bathrooms and laundry hook ups creating strong rental appeal and income potential.Situated on approximately 2 wooded acres with 225 feet of river frontage on the Androscoggin River, this property combines desirable natural features with year-round recreational access. Snowmobile trails run directly through the property, offering direct access from the backyard?an attractive feature for both long-term and short-term rentals. A quiet, private setting enhances tenant appeal while supporting premium rental demand.A rare chance to own a multi-unit property with strong income potential, recreational access, and valuable land features.

1686 North Road | MLS# 1647340

This multi-family property located at 1686 North Road, Gilead, ME 04217 is currently listed for sale with an asking price of $675,000. Search Gilead real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry
Garage: 2
Heating: Baseboard
Home Style: Other
Lot Size: 2.00 Acres
Roof Type: Shingle
Taxes: $4,457
Year Built: 1994

Feature Descriptions

Electric: Circuit Breakers
Flooring: Carpet, Other, Tile, Engineered Hardwood, Hardwood
Sewer: Private Sewer
Special View Info: Scenic, Trees/Woods
SQ FT Above Grade: 2880
SQ FT Below Grade: 576
Water: Private
Water Body Name: Androscoggin River
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: Mahoosuc Realty, Inc.
Agency Phone: 207-824-2771
Agent Name: Christina Hamel

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Estimated Payment

$ 2,070.55 per month $1,502.26 Principal & Interest $371.42 Property Tax $196.88 Homeowner's Insurance

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