41 Lotts Dr Windham, ME 04062
Windham AreaEstimated payment $3,757/month
Highlights
- Wood Flooring
- No HOA
- Cooling Available
- Main Floor Bedroom
- Bathtub
- Space Heater
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,195
Year Built
- Built in 1929
Lot Details
- 9,583 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Fiberglass Roof
- Vinyl Siding
Interior Spaces
- 2,252 Sq Ft Home
- 2-Story Property
- Laundry on main level
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
- Shower
Unfinished Basement
- Interior Basement Entry
- Sump Pump
Parking
- Gravel Driveway
- Paved Parking
- On-Site Parking
Location
- Suburban Location
Utilities
- Cooling Available
- Space Heater
- Heat Pump System
- Septic Tank
- Private Sewer
- Internet Available
Listing and Financial Details
- Tax Lot 5
Community Details
Overview
- No Home Owners Association
- 2 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $8,985
- Gross Income $59,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,195 | $513,700 | $88,400 | $425,300 |
| 2024 | $5,892 | $513,700 | $88,400 | $425,300 |
| 2023 | $4,964 | $443,200 | $68,800 | $374,400 |
| 2022 | $1,822 | $156,900 | $71,600 | $85,300 |
| 2021 | $1,977 | $156,900 | $71,600 | $85,300 |
| 2020 | $2,235 | $149,000 | $71,600 | $77,400 |
| 2019 | $2,181 | $149,000 | $71,600 | $77,400 |
| 2018 | $2,262 | $149,000 | $71,600 | $77,400 |
| 2017 | $1,638 | $99,700 | $57,300 | $42,400 |
| 2016 | $1,565 | $99,700 | $57,300 | $42,400 |
| 2015 | $2,336 | $154,200 | $57,300 | $96,900 |
| 2014 | $2,262 | $154,200 | $57,300 | $96,900 |
| 2013 | -- | $154,200 | $57,300 | $96,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/01/2026 07/01/26 | Price Changed | $594,900 | -0.8% | $264 / Sq Ft | |
| 05/20/2026 05/20/26 | Price Changed | $599,900 | -1.6% | $266 / Sq Ft | |
| 05/06/2026 05/06/26 | Price Changed | $609,900 | -1.6% | $271 / Sq Ft | |
| 04/15/2026 04/15/26 | For Sale | $619,900 | +10.7% | $275 / Sq Ft | |
| 02/05/2024 02/05/24 | Sold | $560,000 | +2.0% | $249 / Sq Ft | View Prior Sale |
| 01/21/2024 01/21/24 | Pending | -- | -- | -- | |
| 01/19/2024 01/19/24 | For Sale | $549,000 | -- | $244 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $560,000 | None Available | |
| Warranty Deed | $205,000 | None Available | |
| Quit Claim Deed | $160,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $532,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1657908
APN: WINM-000046-000000-000005
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Ask me questions while you tour the home.
