157 South Street, Gorham, ME 04038

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
#1#2#3
157 South Street,Gorham, ME 04038
$700,000
  • 2 Beds
  • 2 Baths
  • 1,568 sq. ft.
  • Single family
  • Active
Listed by:julie radjavitch
Office:real broker
MLS#:1631507
Source:ME_MREIS

Price summary

  • Price:$700,000
  • Price per sq. ft.:$446.43

About this home

The value here is the land and incredible location in the heart of Gorham! Offering 4.80 +/- acres downtown on city water and city sewer. Potential for up to 20 dwelling units according to Urban Residential Zoning with additional potential units under the Development Transfer Overlay District and Affordable Housing Density Bonus depending on Planning Board Review. Residential and other permitted uses allowed. The existing house is a 2 bedroom, 1.5 bath home ready for your desired renovations or could be torn down for a different vision for the land use. Only a half mile to the nearest high school, 0.6 miles to Gorham Center and 0.7 miles to the University of Southern Maine campus. Close to nearby restaurants, groceries, banking and other conveniences! By Appointment Only.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1957
  • Listing Id #:1631507
  • Updated:July 23, 2025 at 03:45 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:1,568 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water

Structure and exterior

  • Year built:1957
  • Building area:1,568 sq. ft.
  • Lot area:4.8 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$446.43
  • Tax amount:$5,082 (2024)
MLS LogoMREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

New listings near 157 South Street