About This Home

This 0-bedroom, 6-bathroom residential multi family at 1686 North Road in Gilead, ME is listed for $695,000 ($201 per sqft). Built in 1994, the home offers 3,456 sqft of living space on a 2.00 acres lot.

Key Features

  • Built in 1994
  • 2.00 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
6 full
2-car garage
1994

Amenities

WaterfrontHardwood
Listing Description

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.

Monthly Cost Estimate

$3,717/mo

20% down · 6.5% · 30 years

Principal$503
Interest$3,012
Insurance$203

Estimates only. Actual payments may vary.

Location

1686 North Road

Gilead, ME 04217

Property Details

Flooring

EngineeredCarpetHardwoodTile

Construction

Wood Frame Vinyl Siding

Parking

Underground/Basement

Heating

OilBaseboard

Questions & Answers

This 0-bedroom, 6-bathroom residential multi family at 1686 North Road is listed at $695,000 ($201/sqft). The estimated monthly payment is $3,717 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1994, 2.00 acre lot, 2 stories, Waterfront.

This property is listed by Christina Hamel.

CH

Christina Hamel

Agent at Mahoosuc Realty

Listed by Mahoosuc Realty · Broker phone: (888) 310-2771 · View on Broker Site · Broker website

MLS# 1647340· Source: Maine Listings· 4 days on PropertySimple

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1686 North Road, Gilead, ME 04217

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