Closed

Listed by: RE/MAX Northern Edge Realty LLC

Bought with: RE/MAX Northern Edge Realty LLC

$175,000

7 Cascade Flats, Gorham, NH 03581

--beds

--baths

1,937sqft

Multi Family

Built in 1925

-- sqft lot

$176,500 Zestimate^®

$90/sqft

$1,353 Estimated rent

Home value

$176,500

Estimated sales range

Not available

$1,353/mo

Zestimate^® history

Owner options

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$1,042/mo

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$1,042/mo

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What's special

Detached one car garageVinyl exteriorEnclosed porches

$24,100 gross rental income per year. Direct ATV Access. Not many properties available in Gorham. Here is your chance to own a two-family building in Cascade Flats. Vinyl exterior and enclosed porches. First floor offers two bedrooms and second floor offers one but could be used as a two bedroom. Long term tenant on the second floor. Recent upgrades to the building and laundry hookups in each unit. Detached one car garage included with sale.

Facts & features

Interior

Bedrooms & bathrooms

Full bathrooms: 2

Heating

Oil, Hot Water

Cooling

None

Features

Basement: Unfinished,Interior Entry

Interior area

Total structure area: 2,847
Total interior livable area: 1,937 sqft
Finished area above ground: 1,937
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Paved
Garage spaces: 1

Features

Levels: Two
Frontage length: Road frontage: 50

Lot

Size: 5,227 sqft
Features: Level

Details

Parcel number: GORHMU15L7
Zoning description: RA

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Exterior
Foundation: Stone
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1925

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer at Street
Water: Public Water at Street
Utilities for property: Other

Community & neighborhood

Location

Region: Gorham

Price history

Date	Event	Price
3/31/2026	Sold	$175,000-2.2%$90/sqft
Source: PrimeMLS #5078703 Report a problem
3/25/2026	Pending sale	$179,000$92/sqft
Source: PrimeMLS #5078703 Report a problem
3/9/2026	Listed for sale	$179,000+11.9%$92/sqft
Source: PrimeMLS #5078703 Report a problem
9/24/2024	Listing removed	$159,900$83/sqft
Source: PrimeMLS #5005257 Report a problem
8/7/2024	Price change	$159,900-5.9%$83/sqft
Source: PrimeMLS #5005257 Report a problem
7/16/2024	Listed for sale	$169,900+1032.7%$88/sqft
Source: PrimeMLS #5005257 Report a problem
11/16/2011	Sold	$15,000$8/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,587 +15.2%	$126,800
2023	$3,113 +1.2%	$126,800
2022	$3,075 +49.7%	$126,800 +119.8%
2021	$2,054 +11.8%	$57,700
2020	$1,838 -5.7%	$57,700
2019	$1,949 -7.5%	$57,700
2018	$2,107 -27%	$57,700 -32.1%
2017	$2,886 +48.8%	$85,000 +34.5%
2014	$1,939 +28.5%	$63,200 +0.3%
2010	$1,509 -41.3%	$63,000 -46.9%
2008	$2,571 +8.9%	$118,700
2007	$2,361	$118,700