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Three-Unit Riverfront Triplex
For Sale
$695,000

1686 North Road, Gilead, ME 04217

Three residential units include a remodeled two-bedroom apartment and a three-bedroom primary residence.

Property Size3,456 SF
Lot Size2.00 Acres
Price / SF$201.10
Days on Market15

Property Features for 1686 North Road

General Information

Standard status Active
Size 3,456 SF
Lot size 2.00 Acres
Property subtype Multi-family

Units

Unit Mix 1 x 3BR/2BA, 2 x 2BR/2BA
Multifamily Units 3

Additional Details

Road Access Yes

Building Details

Year Built 1994
Listing Agency: Mahoosuc Realty,Inc.
Listed By: Christina Hamel
Source: Profoundrealestate
Added: Jul 28 Changed: Aug 10 Last Checked: Aug 10 at 2:30AM

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 Mahoosuc Realty,Inc.

Investment Insights

Based on property information with market context.

Built in 1994, this triplex contains three residential units on approximately 2 wooded acres. The primary residence offers three bedrooms, two full bathrooms, laundry hookups, office space, a walk-in basement, and a two-car garage. The other two units each provide two bedrooms, two full bathrooms, and laundry hookups, with Unit 2 newly remodeled.

The property includes 225 feet of frontage on the Androscoggin River and direct access to snowmobile trails crossing the parcel. Its setting at 1686 North Road in Gilead, Maine, combines river access, wooded surroundings, and recreational connectivity with a three-unit residential layout.

Key Highlights

  • Three residential units on approximately 2 wooded acres
  • 225 feet of frontage on the Androscoggin River
  • Primary residence includes 3 bedrooms, 2 full bathrooms, office space, basement, and 2‑car garage

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
Yes
Paved road access

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three residential units include a remodeled two-bedroom apartment and a three-bedroom primary residence.
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 on approximately 2 wooded acres; 225 feet of frontage on the Androscoggin River; Primary residence includes 3 bedrooms, 2 full bathrooms, office space, basement, and 2‑car garage
More about this property
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