NOT LISTED FOR SALE

22 Rousseau Rd Windham, ME 04062

-- Bed
6 Baths
4,788 Sq Ft
0.63 Acres

Last Sold August 12, 2022

Last sale price $1,000,000 $209 Per Sq Ft

116 Days on Market

Highlights

  • Tile Flooring
  • Coin Laundry
  • Level Lot
  • Baseboard Heating

About This Home

As of August 2022

Great investment opportunity! Located on the Windham/Westbrook line, and only a short distance to Portland on a private spacious lot. This solid well maintained fully occupied Six Unit property featuring (5) two bedroom units and (1) one bedroom unit. Many improvements including roof, vinyl siding, windows, tile and laminate flooring throughout many units. All units have separate utilities. On site coin-op laundry. Opportunity to add value with rents currently below market rate.

Last Agent to Sell the Property

Keith Kinahan

EXP Realty Listed on: 04/13/2022

EXP Realty

Last Buyer's Agent

Randall Legere

The Real Estate Store

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,260

Year Built

  • Built in 1974

Lot Details

  • 0.63 Acre Lot
  • Level Lot
  • Open Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 4,788 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 1-D-01
  • Assessor Parcel Number WINM-000002A-000001-D000001

Community Details

Overview

  • 6 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $11,766
  • Gross Income $94,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,260

Year Built

Built in 1974

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.63
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Property is GPS friendly.
  • Above Grade Finished Sq Ft: 4788.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 261.07
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.63
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4788.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Annually
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 94200.0
  • Income Expenses Operating Expenses: 11766.0
  • Style:Multi-Level: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Basement:Slab2: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: Great investment opportunity! Located on the Windham/Westbrook line, and only a short distance to Portland on a private spacious lot. This solid well maintained fully occupied Six Unit property featuring (5) two bedroom units and (1) one bedroom unit. Many improvements including roof, vinyl siding, windows, tile and laminate flooring throughout many units. All units have separate utilities. On site coin-op laundry. Opportunity to add value with rents currently below market rate.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 6
  • Flooring: Tile, Other, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Common, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27442.8
  • Parcel #: WINM-000002A-000001-D000001
  • Zoning: F

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 94200.0
  • Annual Operating Expense: 11766.0

Tax Info

  • Tax Annual Amount: 7260.15
  • Tax Lot: 1-D-01
  • Tax Year: 2022
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $1,000,000 -20.0% $209 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $1,250,000 -- $261 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,559 $833,400 $237,600 $595,800
2023 $8,236 $735,400 $216,000 $519,400
2022 $7,899 $680,400 $216,000 $464,400
2021 $7,440 $590,500 $216,000 $374,500
2020 $7,080 $472,000 $194,400 $277,600
2019 $6,910 $472,000 $194,400 $277,600
2018 $7,165 $472,000 $194,400 $277,600
2017 $6,061 $368,900 $116,600 $252,300
2016 $5,363 $341,600 $116,600 $225,000
2015 $5,175 $341,600 $116,600 $225,000
2014 $5,011 $341,600 $116,600 $225,000
2013 -- $341,600 $116,600 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1524661

Maine Listings