Courtesy: Mahoosuc Realty, Inc.
207-824-2771
Rare Multi-Unit Property! 1686 North Road offers an exceptional investment opportunity with three residential units on one expansive parcel or for a home owner the opportunity to own a versatile property featuring a primary residence plus two additional rental units. The main residence (Unit 1) features three bedrooms, two full bathrooms, laundry hookups, a two-car garage, office space, and a walk-in basement ideal for storage or a fitness area. Units 2 (newly remodeled) and 3 each include two bedrooms, two full bathrooms and laundry hook ups creating strong rental appeal and income potential. Situated on approximately 2 wooded acres with 225 feet of river frontage on the Androscoggin River, this property combines desirable natural features with year-round recreational access. Snowmobile trails run directly through the property, offering direct access from the backyard—an attractive feature for both long-term and short-term rentals. A quiet, private setting enhances tenant appeal while supporting premium rental demand. A rare chance to own a multi-unit property with strong income potential, recreational access, and valuable land features.
Gilead is located in Maine. Gilead, Maine has a population of 168. Gilead is less family-centric than the surrounding county with 7.84% of the households containing married families with children. The county average for households married with children is 24.25%.
The median household income in Gilead, Maine is $40,938. The median household income for the surrounding county is $51,384 compared to the national median of $69,021. The median age of people living in Gilead is 41.3 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 5.5 degrees. The average rainfall is approximately 46.2 inches per year, with 76.3 inches of snow per year.
