Property details
About 518 Ossipee Trl E
Excellent Investment Opportunity! This well-maintained property features a total of 9 units, including two duplexes and a 5-unit building. Each unit is separately metered for heat and electricity, with tenants responsible for their own utilities. The property boasts a solid rental history and individual heating systems for each unit. The current owner has prioritized upkeep, with major updates already completed, including a new roof and new windows. While the property is already stable and cash-flowing, there is significant upside potential through cosmetic upgrades and rent increases, as current rents are below market. Don't miss this opportunity to own a reliable, income-producing asset with room to grow! NOI: 134,919.31
Highlights
Summary
- Full Bathrooms: 9
- Basement: Yes
- Flooring Type: Vinyl, Carpet
- Attached Garage: No
- Parking: 11 - 20 Spaces, Paved
- Architectural Style: Ranch
- Heating: Forced Air
- Cooling: None
- List Price: $1,500,000
- Lot: Landscaped
- Year Built: 1941
- Living Area: 4,640 SqFt
- Lot Size: 8.69 Acres
- MLS Number: 1622877
- MLS Name: Maine Listings
- Office Name: Keller Williams Realty
- Office Phone: (207) 232-8877
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
518 Ossipee Trl E
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Price information
Property sales
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Tax history
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Nearby schools
3
George E Jack School
Public District 4-5
1.1 mi
•15 Northeast Rd
6
Edna Libby Elementary School
Public District PK-3
2.4 mi
•45 Fort Hill Rd
3
Buxton Center Elementary School
Public District PK-5
5.0 mi
•912 Long Plains Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,095. Typical income of Gorham, ME residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
Frequently asked questions
About 518 Ossipee Trl E
The listing price of 518 Ossipee Trl E property is $1,500,000.
The property 518 Ossipee Trl E is a house located in Gorham, Maine, 04038.
Active Listing: 518 Ossipee Trl E is Active, which means the seller is accepting offers.
The nearby schools for 518 Ossipee Trl E are: George E Jack School (GreatSchools Rating 3/10), Edna Libby Elementary School (GreatSchools Rating 6/10), Buxton Center Elementary School (GreatSchools Rating 3/10), Bonny Eagle Middle School (GreatSchools Rating 3/10), Gorham Middle School (GreatSchools Rating 7/10), Windham Middle School (GreatSchools Rating 3/10), Bonny Eagle High School (GreatSchools Rating 2/10), Gorham High School (GreatSchools Rating 9/10), Windham High School (GreatSchools Rating 5/10).
The property at 518 Ossipee Trl E has 9 bathrooms.
The property 518 Ossipee Trl E is 4,640 SqFt (source: MLS/tax record).
The year of construction for 518 Ossipee Trl E is 1941.
This home is located at 518 Ossipee Trl E in Gorham, ME and zip code 04038. This 4,640 square foot home, which was built in 1941, sits on a 8.69 acre lot. Features: 9 bathrooms. It is currently priced at $1,500,000.