Closed
Last Sold Price
$315,000
6 beds2,788 sqft

4 Rivers Edge Rd, Unit A B, Gray, ME 04039

Description

Well maintained cash flowing 2 unit located minutes from I-95, Windham Center and Sebago Lake. 20 Minutes to Portland or Lewiston/Auburn. Strong rental history, see attached sheet for rental details. Excellent opportunity for owner occupied or investment property. Property features: 3 BR, 1 1/2 BA per unit. Finished walk-out basement, separate entrances, oil tanks, electric meters and decks. Off street paved parking 1-4 spaces, shed and spacious yard. Unit B: updated in 2014: paint, tile flooring,...Well maintained cash flowing 2 unit located minutes from I-95, Windham Center and Sebago Lake. 20 Minutes to Portland or Lewiston/Auburn. Strong rental history, see attached sheet for rental details. Excellent opportunity for owner occupied or investment property. Property features: 3 BR, 1 1/2 BA per unit. Finished walk-out basement, separate entrances, oil tanks, electric meters and decks. Off street paved parking 1-4 spaces, shed and spacious yard. Unit B: updated in 2014: paint, tile flooring, carpet, bathroom vanities, light fixtures and stainless steel appliances. Unit A: 2014 new tile in bathrooms and kitchen great opportunity to update this unit to your liking. Country living close to everything!
Multi FamilyProperty Type
1.86 acresLot Size
2001Year Built
$113/sq ftPrice per sq ft
$500/yrHOA Fees
  • Listed by: Heather Gay 207.632.1735 heathergay@kw.com • Keller Williams Realty
Listing closed: 04/02/2018 12:00 AM
Source: Maine Listings, MLS#: 1341689
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Recent comparable sales

Median sold price

$550,000

Avg days on market

51

Sale-to-list ratio

97.5%

Gray, ME

9 comparable properties found

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Location

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$2,069 per month

Principal and Interest

$1,682

Property Taxes

$346

HOA Dues

$42

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Property information

4 Rivers Edge Road, Unit A B

Property Details

  • Taxes: $4,149 / year
  • MLS Type: Multi-Family
  • County: Cumberland County
  • Subdivision Name: Rivers Edge Road Association
  • View: Trees/Woods, Fields
  • Has Waterfront: No
  • Zoning: Rul/Res/Agr

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 2001
  • Lot Size: 1.86 AC / 81,021 SF

Summary

Location and General Information

  • Water View: No
  • Location: Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Rural
  • Page: 436
  • Zoning Overlay: No
  • Directions: From I95 North or South take exit 63 (Gray exit) At the light take a left onto rt 202. Continue on 202 take a left Lawrence Rd and right on to Rivers Edge Rd first house on the right.
  • Latitude: 43.856973
  • Longitude: -$70.37
  • Unit Number: A, B

Taxes and HOA

  • Association Fee: $500.00
  • Association: Yes
  • Parcel Number: GRAY-000062-000022-000005-000001
  • Tax Lot: 1
  • Tax Book Number: 32100
  • Tax Map Number: 62
  • Tax Year: 2018
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $4,149.00

Parking

  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site
  • Parking: 1 - 4 Spaces, On Site, Paved
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No

Property

Lot Information

  • Lot Features: Rolling/Sloping, Level, Wooded, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Rural
  • Lot Size Acres: 1.86
  • Lot Size Area: 1.86
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 81021.6
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Association, Dead End, Gravel, Paved, Private Road, Dirt
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Dirt, Paved
  • Road Frontage: false
  • SqFt Source: Public Records
  • Site: Level, Rolling/Sloping, Wooded

Property and Assessments

  • Above Grade Finished Area: 2288.0
  • Below Grade Finished Area: 500.0
  • Building Area Total: 2788.0
  • Property Type: Multi-Family
  • Deed/Conveyance Type Offered: Warranty
  • Deed Restrictions: Yes
  • Structure Type: Duplex, Modular
  • Structure Type: Modular, Duplex
  • Year Built: 2001

Building Features

  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Vinyl Siding
  • Other Structures: Shed(s)
  • Color: Beige
  • Stories: 2
  • Stories Total: 2

Financial Information

  • List Price/SqFt: $112.98

Utilities

  • Heat Fuel: Oil
  • # Heating Units: 2
  • # Water Heaters: 2
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Recreational Water: Nearby
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Well, Private
  • Water Heater: Off Heating System, Oil
  • Utilities: Utilities On
  • Utilities On: Yes

Interior and Exterior Features

Exterior Features

  • Exterior: Vinyl Siding
  • Roof: Composition, Shingle
  • Driveway: Common, Paved

Interior Features

  • Amenities: Bathtub, Washer Hookup, Storage, Walk-in Closets
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 4
  • Equipment: Internet Access Available, Cable, Air Radon Mitigation System
  • Laundry Features: Washer Hookup
  • Other Equipment: Internet Access Available, Cable, Air Radon Mitigation System
  • Basement: Walk-Out Access, Daylight, Finished, Full, Unfinished
  • Basement: Walk-Out Access, Daylight, Finished, Full, Unfinished
  • Has Fireplace: No
  • Patio And Porch Features: Deck, Porch
  • Has Cooling: No
  • Heating: Zoned, Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Tile, Concrete, Carpet
  • Interior Features: Walk-in Closets, Bathtub, Storage

Room Information

Laundry

  • Laundry Room Amenities: Washer Hookup

Multi Family

Multi Family Information

  • # of 3 BD Units: 2
  • Number Of Units Total: 2

Income & Expenses

  • Gross Income: $30,600.00
  • Operating Expense: $10,070.00

Unit Information

Unit 1

  • Num Full Baths: 1
  • Num Half Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: Yes
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Security Deposit: Yes
  • Actual Rent: $1,350.00
  • Beds Total: 3

Unit 2

  • Num Full Baths: 1
  • Num Half Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: Yes
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Security Deposit: Yes
  • Actual Rent: $1,200.00
  • Beds Total: 3

Rental

Rent Information

  • Land Lease: No

Tenant Information

  • Occupant Type: No

Property History

4 Rivers Edge Road, Unit A B

DateEventPrice
Apr 2, 2018

Sold

Maine Listings #1341689

$315,000
Mar 26, 2018

Pending

Maine Listings #1341689

—
Mar 21, 2018

Listed (Active)

Maine Listings #1341689

$299,500
DateEventPrice
04/02/2018

Sold

Maine Listings #1341689

$315,000
03/26/2018

Pending

Maine Listings #1341689

—
03/21/2018

Listed (Active)

Maine Listings #1341689

$299,500

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

Schools

Near 4 Rivers Edge Road, Unit A B

This home is within Regional School Unit 15 Msad 15.

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4 Rivers Edge Road, Unit A B, Gray, ME 04039
$315,000
6
2,788
81,021
–
–
1.5
2,376
87,120
$225,000
6
2,240
87,120
–
3
2.5
2,740
82,764
–
1
1
600
95,701
$268,500
3
1,008
81,457

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.