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Three-Unit Riverfront Property
For Sale
$695,000

1686 North Road, Gilead, ME 04217

Multi-Family, Gilead, ME

Property Size3,456 SF
Lot Size2.00 Acres
Price / SF$201.10
Days on Market38

Property Features for 1686 North Road

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 6, Basement
Parking features Underground/Basement
Basement Walk-Out Access
Lot features Wooded, Rural, Ski Resort
Standard status Active
Size 3,456 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4457

Utilities

Sewer type Private Sewer
Heating system Oil, Baseboard
Water source Private
Water front features Stream
Water front 1

Building Details

Year built 1994
Floors in Building 2
Number of units 3
Flooring type Tile, Carpet, Hardwood, Engineered
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Listing Agency: Mahoosuc Realty, Inc.
Listed By: Christina Hamel
Added: Aug 3 Changed: Sep 2 Last Checked: Sep 9 at 8:06PM
MLS# 1647340

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex contains 3,456 square feet across three residential units. The primary unit includes three bedrooms, two full bathrooms, laundry hookups, office space, a two-car garage, and a walk-in basement. The other two units each provide two bedrooms, two full bathrooms, and laundry hookups; Unit 2 has been remodeled. Hardwood, tile, engineered, and carpet flooring are used throughout, with oil and baseboard heat, wood-frame construction, vinyl siding, and a shingle roof.

The property occupies 2 acres with 225 feet of frontage along the Androscoggin River. Snowmobile trails cross the parcel and connect directly to the backyard. Private water and sewer serve the property, while basement-level parking provides additional utility. Built in 1994, the property combines multiple residential units with wooded acreage and direct recreational access.

Key Highlights

  • Three residential units totaling 3,456 square feet
  • 2‑acre wooded parcel with 225 feet of Androscoggin River frontage
  • Primary unit includes 3 bedrooms, 2 full bathrooms, office, basement, and two‑car garage

Property Analytics

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Current Use

Triplexes

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 04217, ME

3,283
Population
2,579
Households
1.3
Avg Household Size
48
Median Age
37%
College-Educated
97%
High-School Grad
184.3 sq mi
ZIP Area
18
Density / Sq Mi
$58,152
Median Household Income
$34,764
Median Earnings
$878
Median Rent
$276,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer varied bedroom counts, laundry hookups, and substantial storage within a wooded setting.
Where is this triplex located?
The property is located at 1686 North Road Gilead, ME.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Three residential units totaling 3,456 square feet; 2‑acre wooded parcel with 225 feet of Androscoggin River frontage; Primary unit includes 3 bedrooms, 2 full bathrooms, office, basement, and two‑car garage
More about this property
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