847 Gray Road
847 Gray Road
Gorham, ME 04038
$799,000
Price
8
Beds
3
Baths
5,607 Sq. Ft.
$143 / Sq. Ft.
5,607
Sq. Ft.
$143
per Sq. Ft.
Pending
Pending
Description
This remarkable Federal style building is currently configured as a two-unit offering over 5600sqft of living space with plenty of parking and 153 feet of Presumpscot River frontage with its own dock. Gorgeous upscale rental units with 8 huge bedrooms, wood floors, exposed beams, custom granite kitchens, built-ins and period details throughout. Unit #1 located on the first floor offers 2448 sqft, a 3-bedroom unit. Unit #2 located on the 2nd and 3rd floors offers 3159 sqft, a 5-bedroom unit. The sellers...This remarkable Federal style building is currently configured as a two-unit offering over 5600sqft of living space with plenty of parking and 153 feet of Presumpscot River frontage with its own dock. Gorgeous upscale rental units with 8 huge bedrooms, wood floors, exposed beams, custom granite kitchens, built-ins and period details throughout. Unit #1 located on the first floor offers 2448 sqft, a 3-bedroom unit. Unit #2 located on the 2nd and 3rd floors offers 3159 sqft, a 5-bedroom unit. The sellers have replaced the windows in the main house and replaced the roof shingles. This property has great visibility located in the heart of Gorham's Little Falls District, the current focus of a joint effort between Gorham and Windham with a Master Revitalization Plan underway. The current zone allows for mixed use and rooming houses like reentry or courage houses. Also, part of Gorham's Small Dwelling Overlay District lucrative for reconfiguring with more units. Join other investors like JCS Properties, LLC who just launched Red City Ale House, STJ, Inc who just completed an 8-unit condo project, Depot Street new apartment complex and Backwoods BBQ along with the Gorham Economic Development Corporation that sponsors the Food Truck Thursday's event at Little Falls Recreational Area. This property would be a great investment or multi-generational home with plenty of room for most any family.
- Listed by Peter Mason • PO-GO REALTY
Property Details for 847 Gray Road
Waterfront
Yes
Waterfront FeaturesRiver
ArchitecturalStyleColonial, Federal, Multi-Level
GarageNo
ZoningLFVCD & UR
Location
Listing Courtesy of PO-GO REALTY
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LISTING UPDATED: 04/17/2024 10:25 AM
Property Details for 847 Gray Road
| Status | Pending |
|---|---|
| MLS # | 1571607 |
| Days on Market | 218 |
| Taxes | $9,039 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1824 |
| Lot Size | 1.24 AC / 54,014 SF |
| County | Cumberland County |
Location
Listing Courtesy of PO-GO REALTY
Add your commute
Building Information for 847 Gray Road
Stories3Residences2Year Built1824Building Size-Lot Size1.24 AC / 54,014 SF
Payment Calculator
$5,114 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,360
Property Taxes
$753
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 847 Gray Road
Summary
Location and General Information
- Road Surface Type: Paved
- Water Body Name: Presumpscot River
- Zip Code: 5860
- Directions: From Gorham Village follow Gray Road to #847. Located between the Little Falls traffic circle and the Presumpscot River.
- Town: Gorham
- State/Province: ME
- Zip Code: 04038
- County: Cumberland
- Geo Latitude: 43.732948
- Geo Longitude: -70.424705
- Tax Lot: 94
- Site:Sidewalks: Yes
- Site:Well Landscaped: Yes
- Location:Intown: Yes
- Location:Neighborhood: Yes
- Water Info:Waterfront Amount +: 153.00
- Water Info:Water Frontage Owned: 153.00
- Water Info:Water Frontage Shared: .00
- Source of Water Frontage:Deed: Yes
- Recreational Water:Deeded: Yes
- Recreational Water:River/Brook/Stream: Yes
Parking
- Parking Features: 5 - 10 Spaces, Paved, On Site
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 40289
- Tax Map Number: 111
- Tax Year: 2022
- Parcel Number: GRHM-000111-000094
- Location Information:Association Y/N: No
- Tax Annual Amount: $9,039.00
School Information
- School District: Gorham Public Schools
Property
Green Features
- Energy Efficiency:Double Pane Windows: Yes
Heating and Cooling
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 5607.0
- Lot Size Acres: 1.24
- Source of Acreage: Public Records
- Building Area Total: 5607.0
- Lot Size Area: 1.24
- Lot Size Units: Acres
- Lot Size Square Feet: 54014.4
- Bathrooms Full: 3
- Bathrooms Half: 0
- Street Number: 847
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Short Sale Continue to Show: No
- Property Information:Deed/Conveyance Type Offered: Quit Claim w/Covenant
- Property Information:Deed: All
- Property Information:Total Half Baths: .00
- Property Information:Color: Harbor Grey
- Property Information:Source of Road Frontage: Deed
Parking
- Driveway:Paved: Yes
Property and Assessments
- Documents Available: Property Disclosure Public Access
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1824
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Siding, Wood Frame
- # Fireplaces: 2
- Fireplace: Yes
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
Interior Features
- Basement: Exterior Entry, Doghouse, Bulkhead, Interior Entry, Unfinished
- Flooring: Wood, Tile
- Interior Features: Storage
- Cooling: None
- Heating: Multi-Zones, Hot Water
- Foundation Details: Block, Stone, Granite
- Laundry Features: Washer Hookup
- # Stories: 3
- # Floors: 3
- 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: $29,771.00
Multi-Family Information
- Number of Units: 2
- Building Info:# Fireplaces: 2
- Building Info:# Stories: 3
- Building Info:# Floors: 3
- Building Info:# Heating Units: 1
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: 6.00
- Unit 1:# of Bedrooms: 3.00
- Unit 1:Dedicated Electric Meter: No
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: No
- Unit 1:Electric: Yes
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: Second
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $.00
- Unit 2:# Full Baths: 2.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 7.00
- Unit 2:# of Bedrooms: 5.00
- Unit 2:Dedicated Electric Meter: No
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: No
- Unit 2:Electric: Yes
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 0
- Units:# of 3 BD Units: 1
- Units:# of 4+ BD Units: 1
Property History for 847 Gray Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 847 Gray Road
Taxable ValueLand$74,600Additions$628,800Total$703,400
Tax Record2022$9,039 ($753 / month)
Home Facts
Baths3Total Finished SqFt4,032 SqFtAbove Grade Finished SqFt4,032 SqFtUnfinished Basement SqFt2,448 SqFtStories2Lot Size54,014 SqFtStyleDuplexYear Built1824Year Renovated1997ZoningLFVCCountyCUMBERLANDAPNGRHM M:111 B:094 L:000Fireplace TypeHas Fireplace
Schools near 847 Gray Road
This home is within Gorham Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Great Falls Elementary School PublicK 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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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. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of PO-GO 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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
