41 Lotts Dr
Closed 2/5/24
Closed 2/5/24
Description
Welcome to your dream investment property ''at the rotary'' in the picturesque town of Windham, Maine! This 2-unit gem has undergone a remarkable transformation, turning what was once a convenience store into a modern two-unit apartment house. As you step inside the first-floor unit, you'll be greeted by the blend of hardwood and engineered wood floors, creating an inviting atmosphere. The tile mudroom sets the tone for maintaining a tidy home. Its 3 bedrooms, an open kitchen/dining area and living...Welcome to your dream investment property ''at the rotary'' in the picturesque town of Windham, Maine! This 2-unit gem has undergone a remarkable transformation, turning what was once a convenience store into a modern two-unit apartment house. As you step inside the first-floor unit, you'll be greeted by the blend of hardwood and engineered wood floors, creating an inviting atmosphere. The tile mudroom sets the tone for maintaining a tidy home. Its 3 bedrooms, an open kitchen/dining area and living room provide ample space to rest and recharge. The second floor unit features 2 bedrooms, an eat-in kitchen and hardwood floors. Prepare to be awed by the kitchens and baths adorned with granite countertops. These elegant surfaces ensure durability for years to come. Both units have laundry hook-ups in the unit and brand-new stainless-steel appliances in the kitchens adding to the appeal. Efficiency meets comfort with both gas Rinnai heating and heat pumps in each unit. Stay toasty during the chilly Maine winters and cool in the heat of the summer, while enjoying the utmost energy efficiency, keeping your utility bills in check. Location-wise, ''at the rotary'' is perfectly situated for those seeking easy access to the beautiful Lakes region and everything that the vibrant Greater Portland area has to offer. Despite its proximity to a main road, you'll find serenity and tranquility within these walls, ensuring you have the best of both worlds. Don't miss your chance to make this meticulously renovated 2-unit property your own. Embrace the lifestyle you deserve, and seize this opportunity to add ''at the rotary'' to your investment portfolio.
- Listed by Marie Flaherty • The Flaherty Group
Property Details for 41 Lotts Drive
Waterfront
No
ArchitecturalStyleDuplex
GarageNo
ZoningC-3
LISTING UPDATED: 01/16/2025 10:11 PM
Property Details for 41 Lotts Drive
| Status | Closed |
|---|---|
| MLS # | 1580680 |
| Days on Market | 3 |
| Taxes | $2,321 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1929 |
| Lot Size | 0.22 AC / 9,583 SF |
| County | Cumberland County |
Location
Listing Courtesy of The Flaherty Group
Sold By Dream Home Realty LLC
Add your commute
Building Information for 41 Lotts Drive
Stories2Residences2Year Built1929Building Size-Lot Size0.22 AC / 9,583 SF
Payment Calculator
$2,923 per month
30 year fixed, 6.15% Interest
Principal and Interest
$2,729
Property Taxes
$193
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 41 Lotts Drive
Summary
Location and General Information
- Zip Code: 4884
- Directions: 41 Lotts is at the rotary
- Town: Windham
- State/Province: ME
- Zip Code: 04062
- County: Cumberland
- Geo Latitude: 43.80345
- Geo Longitude: -70.406799
- Tax Lot: 5
- Site:Level: Yes
- Site:Open: Yes
- Location:Suburban: Yes
- Recreational Water:Nearby: Yes
Parking
- Parking Features: 1 - 4 Spaces, Gravel, Paved, On Site
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 40252
- Tax Map Number: 46
- Tax Year: 23
- Parcel Number: WINM-000046-000000-000005
- Location Information:Association Y/N: No
- Tax Annual Amount: $2,320.64
- Restrictions:No Restrictions: Yes
School Information
- School District: RSU 14
Virtual Tour
- Virtual Tour URLUnbranded: https://www.propertypanorama.com/instaview/mreis/1580680
Property
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2252.0
- Lot Size Acres: 0.22
- Source of Acreage: Public Records
- Building Area Total: 2252.0
- Lot Size Area: 0.22
- Lot Size Units: Acres
- Lot Size Square Feet: 9583.2
- Bathrooms Full: 2
- Bathrooms Half: 0
- Street Number: 41
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Total Half Baths: .00
- Property Information:Color: white
Parking
- Driveway:Gravel: Yes
- Driveway:Paved: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1929
Utilities
- Electric: True
- Sewer: Private Sewer, Septic Existing on Site
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- Roof: Fiberglass, Shingle
- Vehicle Storage:Other Vehicle Storage: Yes
Interior Features
- Basement: Sump Pump, Interior Entry, Unfinished
- Flooring: Wood, Tile
- Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
- Cooling: Heat Pump
- Heating: Space Heater, Heat Pump
- Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
- # Stories: 2
- # Floors: 2
- Bathrooms Total (Integer): 2
- Bathrooms Total (Decimal): 2.00
- Bathrooms Total (Notational): 2.00
- Cooling YN: Yes
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $58,200.00
- Operating Expenses: $999.00
Multi-Family Information
- Number of Units: 2
- Building Info:# Stories: 2
- Building Info:# Floors: 2
- Building Info:# Heating Units: 2
- Building Info:# Water Heaters: 2
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $2,500.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 6.00
- Unit 1:# of Bedrooms: 3.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: Second
- Unit 2:Security Deposit: No
- Unit 2:Monthly Rent: $2,350.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: Yes
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 1
- Units:# of 4+ BD Units: 0
Property History for 41 Lotts Drive
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 5, 2024 | Sold (Public Record) Public Record #1526756724 | $560,000 | +526.6% / yr |
| Feb 5, 2024 | Sold Maine Listings #1580680 | $560,000 | — |
| Feb 1, 2024 | Pending Maine Listings #1580680 | — | |
| Jan 21, 2024 | Active Under Contract Maine Listings #1580680 | — | |
| Jan 16, 2024 | Listed (Active) Maine Listings #1580680 | $549,000 | — |
| Jul 20, 2023 | Sold (Public Record) Public Record #1515358526 | $205,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/05/2024 | Sold (Public Record) Public Record #1526756724 | $560,000 +526.6% / yr |
| 02/05/2024 | Sold Maine Listings #1580680 | $560,000 |
| 02/01/2024 | Pending Maine Listings #1580680 | — |
| 01/21/2024 | Active Under Contract Maine Listings #1580680 | — |
| 01/16/2024 | Listed (Active) Maine Listings #1580680 | $549,000 |
| 07/20/2023 | Sold (Public Record) Public Record #1515358526 | $205,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 41 Lotts Drive
Taxable ValueLand$88,400Additions$425,300Total$513,700
Tax Record2025$6,195 ($516 / month)
Home Facts
Baths2Total Finished SqFt2,288 SqFtAbove Grade Finished SqFt2,288 SqFtStories2Lot Size9,583 SqFtStyleDuplexYear Built1929ZoningWCCountyCUMBERLANDAPNWINM M:46 B:5
Schools near 41 Lotts Drive
This home is within Regional School Unit 14.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 3 | |||
| Public - | 4 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Windham Primary School PublicK to 3 | ||
Manchester School Public4 to 5 | ||
Windham Middle School Public6 to 8 | ||
Windham High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of The Flaherty Group
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
