About this home
9.5-acre parcel in a desirable South Gorham location, just minutes from Scarborough and Downtown Gorham. Located within the South Gorham Commercial District, this mixed-use zoned property offers exceptional development potential, allowing for up to 21 residential units, including multifamily apartments, condominiums, or a mixed-use development with commercial space and residential units. With its prime location, flexible zoning, and strong demand for housing in the area, this property presents an outstanding investment and development opportunity. Buyer should confirm intended use with town.
Listing last checked: Listing updated:
Listed by Listing Agent · Landing Real Estate · MLS #1670398
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Details at a glance
Building1 property facts
- Style
- Other
Land & utilities4 property facts
- Lot size
- 9.5 acres
- Water
- None
- Sewer
- None, Septic Needed
- Zoning
- SGCC
Financial2 property facts
- Annual taxes
- $1,896
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $975,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,088 / monthAdjust
- Principal & interest
- $4,930
- Property tax
- $158
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,896. 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 TBD County Road
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