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Two-Unit Duplex with Separate Systems

6 Narragansett Street, Gorham, ME 04038

For Sale
$525,000

Two residences offer distinct layouts, enclosed three-season porches, and separately metered electrical service.

Property Size3,148 SF
Lot Size0.46 Acres
Price / SF$166.77
Days on Market187

Property Features for 6 Narragansett Street

General Information

Standard status Active
Size 3,148 SF
Lot size 0.46 Acres
Property subtype Multi Family Home
Zoning UR

Units

Unit Mix 1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units 2
Individually Metered Utilities electricity

Taxes and HOA fees

Annual Taxes $5,677

Building Details

Building Size 3,148 SF
Year Built 1900
Buildings 1
Stories 3
Units 2
Listing Agency: Signature Homes Real Estate Group, LLC
Listed By: Megan Diffley
Source: Amerorealty
Added: May 8 Changed: Nov 9 Last Checked: Nov 9 at 5:16PM

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 Signature Homes Real Estate Group, LLC

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Investment Insights

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Built in 1900, this 3,148-square-foot duplex contains two residences on a 0.46-acre lot. The first-floor apartment has two bedrooms, one bathroom, a living room, dining room, office area, wood floors, a pellet stove, and an enclosed three-season porch. The other apartment spans the second and third floors, with four bedrooms, two full bathrooms, a kitchen, dining and living rooms, a flex room, and its own enclosed three-season porch. Each residence has a separate electrical meter, furnace, oil tank, and hot water heater. The landlord pays for water and sewer.

The property is at 6 Narragansett Street in Gorham, within walking distance of downtown, the University of Southern Maine campus, shops, restaurants, and trails. It has off-street parking and backyard space. Zoning is UR.

Key Highlights

  • Two‑unit duplex with 3,148 square feet on a 0.46‑acre lot
  • First‑floor apartment: 2 bedrooms and 1 bathroom; currently owner‑occupied
  • Upper apartment spans the second and third floors and has 4 bedrooms and 2 full bathrooms

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 04038, ME

18,336
Population
6,527
Households
2.8
Avg Household Size
39
Median Age
46%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
362
Density / Sq Mi
$110,181
Median Household Income
$53,122
Median Earnings
$1,567
Median Rent
$426,300
Median Home Value
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Market

Average Price Trend$/SF for Duplexes in Cumberland County, ME

$296 Jul
$289 Aug
$294 Sep
$286 Oct

Properties on Market for Duplexes in Cumberland 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?
Duplex - Two residences offer distinct layouts, enclosed three-season porches, and separately metered electrical service.
Where is this duplex located?
The property is located at 6 Narragansett Street Gorham, ME.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex with 3,148 square feet on a 0.46‑acre lot; First‑floor apartment: 2 bedrooms and 1 bathroom; currently owner‑occupied; Upper apartment spans the second and third floors and has 4 bedrooms and 2 full bathrooms
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