41 Lotts Drive, Windham, ME, 04062
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
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Winter Weather
- Hurricane
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,008 | $36,096 |
| Home Insurance | $127 | $1,524 |
| Property Taxes | $526 | $6,312 |
| Electricity | $327 | $3,928 |
| Total | $3,988 | $47,856 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Price change | $609,900 |
| 2026-04-15 | Listed for sale | $619,900 |
| 2024-02-05 | Sold | $560,000 |
| 2024-02-01 | Pending sale | $549,000 |
| 2024-01-22 | Contingent | $549,000 |
| 2024-01-19 | Listed for sale | $549,000 |
| 2023-07-20 | Sold | $205,000 |
For Sale by Agent
View on Zillow