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1102 Gilead Road

Gilead

$679,000

beds   ·   6 baths   ·   3,590 sqft   ·   1 acres   ·   taxes: $3,029   ·   MLS#: 1670893

The property borders the White Mountain National Forest picnic grounds, offering direct access to roughly 800,000 acres of public land. A public boat launch on the Androscoggin River sits just across the street, and Sunday River Resort is approximately 20 miles away. The building faces the historic Gilead Train Station, the town office, and the former schoolhouse, with scenic mountain views and an active railroad running through town. Current rents total approximately $6,775 per month, or $81,300 annually, with gross potential rent of roughly $8,000 per month, about $96,000 per year, once all units are at market. The flexible layout accommodates long-term, mid-term, or short-term rental strategies, subject to local and state regulations. An experienced short-term rental operator has indicated six-figure annual revenue potential with the right setup, and detailed short-term rental market data for the area is available upon request. Skiing, hiking, fishing, paddling, and snowmobiling are all within easy reach, making this a strong fit for both year-round tenants and seasonal visitors. Schedule your private showing today.

MORE DETAILS

Structure

  • Electric : Circuit Breakers, Generator Hookup
  • Year Built : 1989
  • Style : Other
  • Flooring : Carpet, Laminate
  • Garage Spaces : 0.00
  • Roof : Shingle
  • Basement : Exterior Entry, Full, Unfinished
  • Heating : Propane, Baseboard, Hot Water, Zoned
  • Cooling : None

Site

  • Water Body Type : Nearby, River/Brook/Stream
  • Water Source : Private, Well
  • View : Scenic
  • Sewer : Private Sewer, Septic Tank
  • Zoning : Residential
  • Road Surface Type : Paved
Listing provided by EXP Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy