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Triplex with River Frontage

1686 North Road, Gilead, ME 04217

For Sale
$695,000

The three-unit layout pairs a larger residence with two two-bedroom apartments.

Property Size3,456 SF
Lot Size2.00 Acres
Price / SF$201.10
Days on Market96

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

Taxes and HOA fees

Annual Taxes $4,457

Amenities

laundry hookups
walk-in basement
office space
river frontage
snowmobile trails

Building Details

Building Size 3,456 SF
Year Built 1994
Listing Agency: Mahoosuc Realty, Inc.
Listed By: Christina Hamel
Source: Hoangrealty
Added: Aug 3 Changed: Nov 3 Last Checked: Nov 6 at 8:24AM

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.

Rey
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Investment Insights

Based on property information with market context.

This 3,456-square-foot triplex, built in 1994, contains three residential units. The primary residence has three bedrooms, two full bathrooms, laundry hookups, office space, a two-car garage, and a walk-in basement. Each of the other two units offers two bedrooms, two full bathrooms, and laundry hookups; Unit 2 has been remodeled.

The property encompasses approximately 2 wooded acres and includes 225 feet of frontage along the Androscoggin River. A snowmobile trail crosses the land, providing access from the backyard.

Key Highlights

  • Three residential units in a 3,456‑square‑foot building
  • Main residence has 3 bedrooms, 2 full bathrooms, office space, and a 2‑car garage
  • Two additional units each have 2 bedrooms, 2 full bathrooms, and laundry hookups

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Oxford County, ME

$122 Jul
$105 Aug
$114 Sep
$125 Oct

Properties on Market for Triplexes in Oxford County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The three-unit layout pairs a larger residence with two two-bedroom apartments.
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 in a 3,456‑square‑foot building; Main residence has 3 bedrooms, 2 full bathrooms, office space, and a 2‑car garage; Two additional units each have 2 bedrooms, 2 full bathrooms, and laundry hookups
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