Under $200K Investment Properties for Sale in New Gloucester, ME


138- 3 Bed
- 1 Bath
- 1575 sft


127- 1 Bed
- 1 Bath
- 416 sft



- 2 Bed
- 1 Bath
- 784 sft


132- 4 Bed
- 6 Bath
- 1232 sft


142- 3 Bed
- 3 Bath
- 2010 sft


139- 1 Bed
- 1 Bath
- 800 sft


163- - Bed
- 1 Bath
- 338 sft


151- 1 Bed
- 1 Bath
- 672 sft


137- 2 Bed
- 1 Bath
- 800 sft


123- 3 Bed
- 1 Bath
- 1600 sft


209- 3 Bed
- 2 Bath
- 1040 sft


130- 3 Bed
- 1 Bath
- 1102 sft


171- 2 Bed
- 1 Bath
- 1057 sft


170- 2 Bed
- 1 Bath
- 662 sft


146- 1 Bed
- - Bath
- 320 sft



- 3 Bed
- 2 Bath
- 1064 sft



- 2 Bed
- 1 Bath
- 1032 sft


156- 4 Bed
- 1 Bath
- 1200 sft



- 2 Bed
- 2 Bath
- 1120 sft


980- 1 Bed
- 1 Bath
- 505 sft


131- 4 Bed
- 2 Bath
- 1482 sft


170- 1 Bed
- 1 Bath
- 680 sft


407- 3 Bed
- 3 Bath
- 2250 sft


128- 3 Bed
- 1 Bath
- 1300 sft
Why Invest in New Gloucester, Maine?
Investing in New Gloucester, ME under $200k offers a strategic advantage with affordable entry points in a stable market. The region demonstrates an average rental yield of 7.5%, making these properties attractive for consistent passive income. Appreciation rates have steadily increased to about 3.2% annually, indicating future value growth. Cash flow averages $300 monthly, supported by a renter occupancy rate near 60%, driven by a mix of local employment and accessibility to Portland's job market. These metrics underscore New Gloucester's potential as a balanced investment location with appealing returns.
Frequently Asked Questions
Yes, affordable properties under $200k offer attractive rental yields around 7.5% and steady appreciation, making New Gloucester a strong market for entry-level real estate investment.
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