$950,000

This remarkable Federal style home is currently configured as a two-unit offering over 5600sqft of living space with plenty of parking and 153 feet of Presumpscot River frontage with its own dock. Gorgeous upscale rental units with wood floors, exposed beams, custom granite kitchens, built-ins and period details throughout. Unit #1 located on the first floor offers 2448 sqft, a 3-bedroom unit. Unit #2 located on the 2nd and 3rd floors offers 3159 sqft, a 5-bedroom unit. The sellers have replaced the windows in the main house and replaced the roof shingles. This property is nicely located in the heart of Gorham's Little Falls District, the current focus of a joint effort between Gorham and Windham with a Master Revitalization Plan in place. The current zone allows for mixed use and rooming houses. Join other investors like JCS Properties, LLC who just launched Red City Ale House, STJ, Inc who just completed an 8-unit condo project and Curbside Comforts along with the Gorham Economic Development Corporation that sponsors the Food Truck Thursday's event at Little Falls Recreational Area. This property would be a great investment or multi-generational home with plenty of room for most any family.