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Six-Unit Apartment Building
For Sale
$699,000

1102 Gilead Road, Gilead, ME 04217

Multi-Family, Gilead, ME

Property Size3,590 SF
Lot Size1.00 Acre
Price / SF$194.71
Days on Market72

Property Features for 1102 Gilead Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 4, Basement, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 3
Patio and Porch features Deck, Porch
Pets allowed No
Basement Full, Unfinished
Lot features Open, Level, Wooded, Near Golf Course, Rural, Ski Resort, Near Railroad
Standard status Active
Size 3,590 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3029

Utilities

Sewer type Private Sewer, Septic Tank
Heating system Zoned, Propane (Heating), Baseboard, Hot Water(Heating)
Water source Well, Private
Water front features Stream

Building Details

Year built 1989
Number of units 6
Flooring type Carpet, Laminate
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Listing Agency: EXP Realty
Listed By: Garret Getch
Added: Jul 13 Changed: Sep 14 Last Checked: Sep 22 at 9:06PM
MLS# 1670893

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 six-unit apartment property in Gilead occupies 1 acre and contains 3,590 square feet. Built in 1989, the wood-frame building has vinyl siding, shingle roofing, carpet and laminate flooring, propane-fired zoned baseboard and hot-water heating, six listed bathrooms, a porch, and a deck. Water is supplied by a private well, with septic tank and private sewer systems serving the property. A stream is also identified on the site.

The property is located at 1102 Gilead Road across from the Gilead Train Station, town office, and former schoolhouse. White Mountain National Forest picnic grounds border the property, and a public boat launch on the Androscoggin River is across the street. Sunday River is approximately 20 miles away. The layout may accommodate long-term, mid-term, or short-term rental use, subject to applicable local and state regulations.

Key Highlights

  • Six‑unit apartment property on 1 acre
  • 3,590 square feet; built in 1989
  • Residential zoning with six listed bathrooms

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Garden Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

15
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?
Apartment building - Residentially zoned property with rental flexibility, decks, porch, and private well and septic systems.
Where is this apartment building located?
The property is located at 1102 Gilead Road Gilead, ME.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Six‑unit apartment property on 1 acre; 3,590 square feet; built in 1989; Residential zoning with six listed bathrooms
More about this property
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