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Side-by-Side Duplex for Renovation
For Sale
$55,000
Pending

3-5 McFarland St, Gorham, NH 03581

As-is side-by-side duplex with two separate units, each with its own entrance, offered as a renovation project.

Days on Market11

Property Features for 3-5 McFarland St

General Information

Standard status Pending
Property subtype Investment

Additional Details

Multifamily Units 2

Building Details

Year Built 1910
Listing Agency:
Listed By: Breandan Garland
Source: Elliman
Added: Jul 21 Changed: Jul 22 Last Checked: Jul 31 at 5:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Breandan Garland

Investment Insights

Based on property information with market context.

3-5 McFarland Street is a side-by-side duplex with separate entrances for each unit. Unit #3 features 3 bedrooms and 1.5 bathrooms, while Unit #5 features 3 bedrooms and 1 bathroom. The property is being sold strictly as-is, with renovations needed from top to bottom and a blank-canvas layout suitable for a full rehab plan.

The property is located in Gorham, NH. Public records may also identify the property as 3 McFarland St.

Given the extent of the needed renovation, cash or specialized rehab financing may be required.

Key Highlights

  • As‑is side‑by‑side duplex built in 1910, sold strictly as‑is
  • Two separate units: #3 McFarland has 3 bedrooms and 1.5 bathrooms
  • Unit #5 McFarland has 3 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Big Box & Wholesale Store Veterinary Clinic Florist

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby

Demographics for 03581, NH

3,053
Population
1,970
Households
1.5
Avg Household Size
51
Median Age
26%
College-Educated
97%
High-School Grad
156.1 sq mi
ZIP Area
20
Density / Sq Mi
$61,370
Median Household Income
$37,731
Median Earnings
$786
Median Rent
$155,700
Median Home Value

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?
Duplex - As-is side-by-side duplex with two separate units, each with its own entrance, offered as a renovation project.
Where is this duplex located?
The property is located at 3-5 McFarland St Gorham, NH.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: As‑is side‑by‑side duplex built in 1910, sold strictly as‑is; Two separate units: #3 McFarland has 3 bedrooms and 1.5 bathrooms; Unit #5 McFarland has 3 bedrooms and 1 bathroom
More about this property
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