Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

41 Lotts Drive, Windham, ME, 04062

5beds
2baths
2,252sqft
$609,900
$271price/sqft
$4,079/moest. monthly cost
$163,160/yrincome needed

About This Home

41 Lotts Dr, Windham, ME - Owner-Occupy Opportunity with Income Potential 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.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

5/10
Windham Primary SchoolGrades K-31.4 mi
4/10
Windham Middle SchoolGrades 6-81.1 mi
6/10
Windham High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1929

Materials

  • Roof: Fiberglass,Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Sump Pump,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • 1st Floor Bedroom,Bathtub,One-Floor Living,Shower
  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,252

Heating & Cooling

  • Heating features: Heat Pump,Space Heater
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,252
  • Total interior livable area: 2,252 sqft

Property

Details

  • Parcel number: WINMM46B5
  • Zoning: C-3

Features

  • Stories: 2

Lot

  • Lot size: 9,583 sqft
  • Features: Level,Open Lot

Parking

  • Parking features: Gravel,Paved,1 - 4 Spaces,On Site