3 Gambo Rd Windham, ME 04062
Estimated payment $4,045/month
Highlights
- Nearby Water Access
- Wooded Lot
- Victorian Architecture
- Deck
- Wood Flooring
- 2 Fireplaces
About This Home
Welcome to 3 Gambo Road in Windham, Maine - a beautifully renovated Victorian multi-unit property in a desirable neighborhood, offering a perfect blend of timeless elegance and modern convenience. This exceptional home features three distinct units, two of which have been thoughtfully updated within the last five years to enhance comfort, functionality, and charm.
Front Unit (Studio) - Fully renovated and brimming with charm, this studio offers access to the expansive, inviting front porch with tranquil pond views — the perfect spot to start or end your day.
Middle Unit (3BR, 2.5BA + Flex Space) - Featuring an updated kitchen and baths while retaining gorgeous 1820's character, including stained glass windows, two decommissioned fireplaces, arches, French doors opening to a beautiful porch with water views, along with other preserved period details. The flexible space is currently used as a massage studio, offering endless possibilities for home office, studio, or hobby use.
Back Unit (1BR, 1BA + Loft) - A cozy yet spacious apartment with an open loft for additional living or storage space.
Investment Highlights:
Generates approximately $68,000/ year of income. With reputable, long-term tenants already in place, this property is a proven income producer. The studio unit will be available soon, offering flexibility for re-rental or personal occupancy.
Location Perks:
Ideally situated just minutes from Windham, Gorham, Portland, and Westbrook. Outdoor enthusiasts will love the proximity to the Presumpscot River, the Sebago to the Sea Trail, and Shaw Park's swimming and walking paths. Also, at the end of Gambo Road is the Mountain Division Trail, public boat launches with a swimming area, and the Gambo Soccer Fields all within this beautiful neighborhood.
Whether you're seeking a successful investment property with strong rental history or a primary residence with additional income potential, 3 Gambo Road is a rare find that truly has it all
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,017
Year Built
- Built in 1820
Lot Details
- 1.1 Acre Lot
- Rural Setting
- Corner Lot
- Open Lot
- Sloped Lot
- Wooded Lot
Parking
- 2 Car Detached Garage
- Common or Shared Parking
- Shared Driveway
Home Design
- Victorian Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Fiberglass Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 3,808 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
Flooring
- Wood
- Carpet
- Laminate
Unfinished Basement
- Interior Basement Entry
- Dirt Floor
Outdoor Features
- Nearby Water Access
- River Nearby
- Deck
- Shed
- Outbuilding
- Porch
Location
- Property is near a golf course
Utilities
- Cooling Available
- Heating System Uses Gas
- Heating System Uses Propane
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
- Private Sewer
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number WINM-000041-000000-000011
Community Details
Overview
- No Home Owners Association
- 3 Units
Pet Policy
- Pets Allowed
- Pet Restriction
Building Details
- Operating Expense $14,382
- Gross Income $68,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,017 | $611,800 | $135,700 | $476,100 |
| 2023 | $6,075 | $542,400 | $126,200 | $416,200 |
| 2022 | $5,485 | $472,400 | $99,800 | $372,600 |
| 2021 | $5,143 | $408,200 | $85,400 | $322,800 |
| 2020 | $5,375 | $358,300 | $81,600 | $276,700 |
| 2019 | $5,246 | $358,300 | $81,600 | $276,700 |
| 2018 | $5,125 | $337,600 | $77,000 | $260,600 |
| 2017 | $5,282 | $321,500 | $70,700 | $250,800 |
| 2016 | $4,416 | $281,300 | $70,700 | $210,600 |
| 2015 | $4,224 | $278,800 | $70,700 | $208,100 |
| 2014 | $4,090 | $278,800 | $70,700 | $208,100 |
| 2013 | $4,029 | $278,800 | $70,700 | $208,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/14/2025 09/14/25 | Price Changed | $650,000 | -3.7% | $171 / Sq Ft | |
| 09/04/2025 09/04/25 | Price Changed | $675,000 | -3.4% | $177 / Sq Ft | |
| 08/13/2025 08/13/25 | For Sale | $699,000 | +95.8% | $184 / Sq Ft | |
| 10/30/2020 10/30/20 | Sold | $357,000 | -2.2% | $94 / Sq Ft | View Prior Sale |
| 08/30/2020 08/30/20 | Pending | -- | -- | -- | |
| 08/19/2020 08/19/20 | For Sale | $365,000 | +19.7% | $96 / Sq Ft | |
| 02/13/2018 02/13/18 | Sold | $305,000 | -12.6% | $80 / Sq Ft | View Prior Sale |
| 01/04/2018 01/04/18 | Pending | -- | -- | -- | |
| 12/08/2017 12/08/17 | For Sale | $349,000 | +118.1% | $92 / Sq Ft | |
| 10/14/2016 10/14/16 | Sold | $160,000 | -9.1% | $42 / Sq Ft | View Prior Sale |
| 08/17/2016 08/17/16 | Pending | -- | -- | -- | |
| 07/18/2016 07/18/16 | For Sale | $176,000 | -- | $46 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $650,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Not Resolvable | -- | -- | |
| Not Resolvable | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $422,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $267,750 | New Conventional | |
| Previous Owner | $299,475 | FHA | |
| Previous Owner | $330,382 | FHA |
Source: Maine Listings
MLS Number: 1634167
APN: WINM-000041-000000-000011
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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