Courtesy: EXP Realty
888-439-8743
The property borders the White Mountain National Forest picnic grounds, offering direct access to roughly 800,000 acres of public land. A public boat launch on the Androscoggin River sits just across the street, and Sunday River Resort is approximately 20 miles away. The building faces the historic Gilead Train Station, the town office, and the former schoolhouse, with scenic mountain views and an active railroad running through town. Current rents total approximately $6,775 per month, or $81,300 annually, with gross potential rent of roughly $8,000 per month, about $96,000 per year, once all units are at market. The flexible layout accommodates long-term, mid-term, or short-term rental strategies, subject to local and state regulations. An experienced short-term rental operator has indicated six-figure annual revenue potential with the right setup, and detailed short-term rental market data for the area is available upon request. Skiing, hiking, fishing, paddling, and snowmobiling are all within easy reach, making this a strong fit for both year-round tenants and seasonal visitors. Schedule your private showing today.
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.
