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Bean Group
Offered at $695,000Active
beds
—
baths
6
sq ft
3,456
Built
1994

1686 North Road

Gilead, ME 04217

About this home

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.

Listing last checked: Listing updated:

Listed by Listing Agent · Mahoosuc Realty, Inc. · MLS #1647340

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Details at a glance

Interior3 property facts
Heating
Oil, Baseboard
Cooling
None
Flooring
Carpet, Other, Tile, Hardwood
Building4 property facts
Style
Duplex
Year built
1994
Garage
2
Roof
Shingle
Land & utilities5 property facts
Lot size
2 acres
Water
Private
Sewer
Private Sewer
Waterfront
Y
Zoning
None
Financial2 property facts
Annual taxes
$4,457
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $695,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,886 / monthAdjust
Principal & interest
$3,514
Property tax
$371
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,457. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 1686 North Road

Can I request a private showing?

Request a tour of 1686 North Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.