Active
Multifamily
41 Lotts Drive
Windham, ME 04062
Baths
2
Square Ft.
2,252
$619,900
41 Lotts Dr, Windham, ME - Owner-Occupy Opportunity with Income Potential Open House Saturday, April 18th from 10:00 AM - 12:00 PM Live in one unit and let the other help pay your mortgage. This well-maintained 2-unit property offers a spacious 3-bedroom unit that will be delivered vacant… Read More at closing, paired with a 2-bedroom apartment currently leased to great tenants at $2,200/month. The 3-bedroom unit features single-level living with an open kitchen, dining, and living area, along with a convenient mud room and brand new in-unit washer and dryer included. Updated finishes throughout, including granite countertops and stainless steel appliances, create a clean, modern feel. Market rent for the 3-bedroom unit is estimated at $2,750/month. The second unit offers a well-designed layout with consistent rental appeal and in-place income, and also includes its own new in-unit washer and dryer. Tenants pay utilities, helping keep expenses low, and off-street parking adds convenience. Ideally located right off the rotary with easy access to I-95, Gorham, Westbrook, Gray, and Cumberland. Just 20-25 minutes to downtown Portland, ~20 minutes to the Jetport, and under 2 hours to Boston. Close to North Windham amenities and Sebago Lake, with easy access to I-95. Financing-friendly, including MSHA, FHA, and conventional loans. A great opportunity for owner-occupants or investors seeking strong rental potential in a high-demand location. Read Less
Courtesy of Dream Home Realty LLC 207-239-2220, .
Listing Snapshot
Days Online
15
Last Updated
Full Baths
2
Square Ft.
2,252
Lot Size
0.22 Acres
Year Built
1929
MLS Number
1657908
Additional Details
Basement
Basement: "Interior", "Sump Pump", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 2,252, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1929, 2 stories, 2 total stories
Cooling
Cooling Included, Cooling: "Heat Pump"
Expenses
Operating Expense: $8,985
Exterior Features
Other Equipment: "Internet Access Available"
Floors
Flooring: "Wood", "Tile"
Heating
Heating: "Space Heater", "Heat Pump", Heating Included
Income
Gross Income: $59,400
Interior Features
Features: "1st Floor Bedroom", "Bathtub", "One-Floor Living", "Shower"
Laundry
Features: "Laundry - 1st Floor", "Upper Level", "Main Level"
Lot
Features: "Open", "Level", "Suburban", 0.22 acres, Area: 0.22, 9,583 square feet
Parking
Features: "1 - 4 Spaces", "Gravel", "Paved", "On Site"
Pets Policy
Pets Allowed: "No Restrictions"
Property
Parcel Number: WINM-000046-000000-000005, Zoning: C-3
Roof
Roof: "Fiberglass", "Shingle"
Sewer
Sewer: "Septic Tank", "Private Sewer"
Taxes
Annual Amount: $6,195, Tax Lot: 5
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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