462 Main Street

Gorham, ME 04038

$379,000
Price
7
Beds
3
Baths
3,278 Sq. Ft.
$116 / Sq. Ft.
3,278
Sq. Ft.
$116
per Sq. Ft.

Description

Investors Take Note! Prime Opportunity in Gorham's Mosher Corner Mixed-Use District. Seize the chance to own a versatile property in the highly desirable Mosher Corner Mixed-Use District, offering both residential and commercial potential. This property includes three distinct buildings on a prominent Main Street, 1,38 lot, providing endless possibilities for income generation or business opportunities. Building 1: A 2-bedroom home, perfect for rental income or owner occupancy. Needs full renovation...Investors Take Note! Prime Opportunity in Gorham's Mosher Corner Mixed-Use District. Seize the chance to own a versatile property in the highly desirable Mosher Corner Mixed-Use District, offering both residential and commercial potential. This property includes three distinct buildings on a prominent Main Street, 1,38 lot, providing endless possibilities for income generation or business opportunities. Building 1: A 2-bedroom home, perfect for rental income or owner occupancy. Needs full renovation or tear down. Building 2: Features a spacious garage and two apartments: a 2-bedroom unit on the first floor and a 3-bedroom unit on the second floor. Ideal for rental income or a live-work setup. Building 3: A large, detached one-car garage with excellent visibility on Main Street, offering a fantastic opportunity for a business, studio, or retail space. With its prime location and flexible zoning, this property is a must-see for investors looking to expand their portfolio or entrepreneurs seeking a live-work opportunity. The high-traffic area and mixed-use potential make this a standout investment in the thriving Gorham market. Don't miss out on this unique property - schedule your showing today!
  1. Listed by Jennifer Whitehead • Dream Home Realty LLC

Property Details for 462 Main Street

Waterfront
No
ArchitecturalStyle
Cape, Gambrel
Garage Spaces
4.00
Garage
Yes
Zoning
Mosher Corner Mixed
LISTING UPDATED: 12/16/2024 09:01 AM

Property Details for 462 Main Street

StatusActive
MLS #1611126
Days on Market5
Taxes$2,937 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1950
Lot Size1.38 AC / 60,112 SF
CountyCumberland County

Building Information for 462 Main Street

Stories-Residences3Year Built1950Building Size-Lot Size1.38 AC / 60,112 SF

Property Information for 462 Main Street

Summary
Location and General Information
  • Zip Code: 1348
  • Directions: GPS friendly. Sign on property.
  • Town: Gorham
  • State/Province: ME
  • Zip Code: 04038
  • County: Cumberland
  • Geo Latitude: 43.689258
  • Geo Longitude: -70.412527
  • Tax Lot: 5
  • Site:Level: Yes
  • Site:Sidewalks: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
Parking
  • Parking Features: 11 - 20 Spaces, Paved, Detached
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 35585
  • Tax Map Number: 30
  • Tax Year: 2023
  • Parcel Number: GRHM-000030-000005
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,937.00
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
  • Water Heater:On Demand: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3278.0
  • Lot Size Acres: 1.38
  • Source of Acreage: Public Records
  • Building Area Total: 3278.0
  • Lot Size Area: 1.38
  • Lot Size Units: Acres
  • Lot Size Square Feet: 60112.8
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 462
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1950
Utilities
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
  • Vehicle Storage:3 Car: Yes
  • Vehicle Storage:Detached: Yes
  • Roof: Shingle
  • Other Structures: Shed(s)
Interior Features
  • Basement: Crawl Space, Full, Interior Entry
  • Flooring: Wood, Vinyl, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub, Storage
  • Cooling: None
  • Heating: Steam, Other Heat System, Hot Water
  • Foundation Details: Concrete Perimeter
  • Laundry Features: Washer Hookup
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $.00
  • Operating Expenses: $5,937.00
Multi-Family Information
  • Number of Units: 3
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • Unit 1:Range: No
  • Unit 1:Refrigerator: No
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: No
  • Unit 2:Refrigerator: No
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: No
  • Unit 3:Monthly Rent: $.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 5.00
  • Unit 3:# of Bedrooms: 3.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: No
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 462 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 462 Main Street

Taxable ValueLand$75,000Additions$138,600Total$213,600
Tax Record2023$2,937 ($245 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,152 SqFtAbove Grade Finished SqFt1,152 SqFtUnfinished Basement SqFt576 SqFtStories2Lot Size60,113 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1989ZoningCOCountyCUMBERLANDAPNGRHM M:030 B:005 L:000Fireplace TypeHas Fireplace

Schools near 462 Main Street

This home is within Gorham Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Narragansett Elementary School
PublicPK to 5

Gorham Middle School
Public6 to 8

Gorham High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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462 Main Street is a multi-family home for sale in Gorham, ME 04038. This property was listed for sale on October 27, 2024 by Dream Home Realty LLC, it's currently listed at $379,000. This listing's school district is Gorham Public Schools. Nearby schools include Narragansett Elementary School, Gorham Middle School and Gorham High School. 462 Main Street is a 7-bed, 3-bath, 3,278 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dream Home Realty LLC

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.