Zoning allows for lot split! Enhance your investment with future development opportunities! This updated duplex is situated on a large 1.84-acre lot with a tree-lined, level backyard, providing ample space to enjoy the outdoors and relax. Upgraded with peace and quiet in mind, professional soundproofing has been added to the ground floor primary bedroom's ceiling, and extra soundproofing padding has been added under the upgraded flooring on the second floor. The ground floor unit features beautiful oak and birch flooring and a generous floor plan, including a spacious living room, three bedrooms, and one bathroom. The second floor unit offers two bedrooms and one bathroom and has recently been updated with fresh paint throughout. It also includes the addition of skylights, fresh flooring, a new built-in bookshelf, updated LED lighting, an updated bathroom vanity, and a brand new kitchen with new cabinets and solid surface countertops. Additionally, fresh blown-in insulation has been added to the attic space above to help keep the space cozy in the winter and minimize heating costs. The entry area offers a coin-op washer/dryer and access to the 2-car garage. As a bonus, the owners have a Contract Zoning Agreement with the Town of Gorham, allowing for numerous commercial and residential expansion opportunities. This location is ideal, positioned 7 minutes from Gorham Village, 7 minutes from the University of Southern Maine, under 10 minutes from the Maine Mall and shopping, just over 10 minutes from the airport, and 20 minutes from downtown Portland. If you are priced out of the single-family home market or seeking to expand your investment portfolio, seize this chance to own an income-producing property with commercial and expanded residential opportunities should you wish to develop in the future. To view a true video walk-through, visit YouTube and type in the property address. Also listed as a commercial listing at MLS#: 1561