41 Lotts DR Windham, ME 04062
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,252 sqft
Price per Sqft $264
MLS Listing ID 1657908
Style Duplex
Full Baths 2
HOA Y/N No
Year Built 1929
Tax Year 2025
Lot Size 9,583 Sqft
Acres 0.22
Source Maine Listings
Land Area 2252
Property Description
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 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.
Location
State ME
County Cumberland
Zoning C-3
Direction GPS Friendly. From Portland take I-95 N to Exit 48, follow Riverside St/Route 302 W approx. 8 miles to Windham rotary. Turn onto Lotts Dr. Property on right.
Rooms
Basement Interior Entry, Sump Pump, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
Heating Electric, Gas Natural, Heat Pump, Space Heater
Cooling Heat Pump
Flooring Tile, Wood
Equipment Internet Access Available
Laundry Main Level, Upper Level
Exterior
Parking Features Gravel, Paved, 1 - 4 Spaces, On Site
Utilities Available Utilities On
Waterfront Description Nearby
Roof Type Fiberglass,Shingle
Garage No
Building
Lot Description Suburban, Level, Open Lot
Story 2
Water Public
Architectural Style Other
Level or Stories 2
Schools
School District Rsu 14
Others
Tax ID WINM-000046-000000-000005
Nearby Locations
Please Contact Me For More Information.