14 School Street Gorham, ME

$1,180,000
Square Footage 2,632
Acres 0.16
Photo of 14 School Street Gorham ME 04038




Description

Exceptional investment opportunity in the heart of Gorham! Located at 14 School Street, this historic mixed-use building features three income-producing units, including two residential apartments and one commercial space, with mostly long-term tenants already in place. Situated within the desirable GVC (Gorham Village Center) zoning district, this property offers both immediate cash flow and future potential. Positioned just steps from the University of Southern Maine campus, local restaurants, shops, and village amenities, tenants enjoy the convenience of a highly walkable location. The property also offers valuable off-street parking, a sought-after feature in the village area. Whether you're looking to expand your investment portfolio, owner-occupy one of the spaces, or capitalize on the flexibility offered by mixed-use zoning, this well-maintained historic property presents a rare opportunity in one of Southern Maine's most desirable communities.


Listed by A Team Realty, Ashley Fearon 207-894-8484

Details

MLS 1665570
Status Active
Price $1,180,000
DOM 67 days
Type Commercial
Square Feet 2,632 sqft
Lot Size 0.16 acres
Year Built 1805
Taxes Paid $8,884

Lot & Building Features

Parking Description 5 - 10 Spaces, Off Street
Tax Year 2025
Taxes Paid $8,884

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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