41 Lotts Dr

2,252 Sq. Ft.
$266 / Sq. Ft.
2,252
Sq. Ft.
$266
per Sq. Ft.

Description

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.
...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.
  1. Listed by Sarah Msuya • Dream Home Realty LLC

Property Details for 41 Lotts Drive

Waterfront
No
Waterfront Features
Nearby
ArchitecturalStyle
Other
Garage Spaces
.00
Garage
No
Zoning
C-3
LISTING UPDATED: 05/24/2026 02:36 AM

Property Details for 41 Lotts Drive

StatusActive
MLS #1657908
Days on Market40
Taxes$6,195 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1929
Lot Size0.22 AC / 9,583 SF
CountyCumberland County

Location

Listing Courtesy of Dream Home Realty LLC
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Building Information for 41 Lotts Drive

Stories2Residences2Year Built1929Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$3,506 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,989

Property Taxes

$516

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 41 Lotts Drive

Summary
Location and General Information
  • Zip Code: 4884
  • Directions: GPS Friendly. From Portland take I-95 N to Exit 48, follow Riverside St/Route 302 W approx. 8 miles to Windham rotary. Turn onto Lotts Dr. Property on right.
  • Town: Windham
  • State/Province: ME
  • Zip Code: 04062
  • County: Cumberland
  • Geo Latitude: 43.803452
  • Geo Longitude: -70.406811
  • Tax Lot: 5
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Suburban: Yes
  • Recreational Water:Nearby: Yes
  • Construction: Wood Frame
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: Gravel, Paved, 1 - 4 Spaces, On Site
  • Attached Garage: No
  • Parking: 1 - 4 Spaces, On Site2
Taxes and HOA Information
  • Tax Book Number: 40598
  • Tax Map Number: 46
  • Tax Year: 2025
  • Parcel Number: WINM-000046-000000-000005
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $6,195.00
  • Restrictions:No Restrictions: Yes
School Information
  • School District: RSU 14
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Heat Fuel: Electric, Gas Natural
  • Heat System: Heat Pump, Space Heater
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
  • 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
  • Driveway: Gravel, Paved2
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 Tank
  • Water Source: Public
  • Other Equipment: Internet Access Available
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater: Electric2
  • Equipment: Internet Access Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Fiberglass, Shingle
  • Vehicle Storage:Other Vehicle Storage: Yes
  • StructureType: Duplex
  • Vehicle Storage: Other Vehicle Storage
  • Basement Entry: Interior
Interior Features
  • Basement: Sump Pump, Unfinished
  • Flooring: Tile, Wood
  • Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
  • Cooling: Heat Pump
  • Heating: Electric, Gas Natural, Heat Pump, Space Heater
  • Laundry Features: 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
  • Amenities: 1st Floor Bedroom, Bathtub, Laundry - 1st Floor, Laundry - 2nd Floor, One-Floor Living, Shower
Multi Family
Income & Expenses Information
  • Gross Income: $59,400.00
  • Operating Expenses: $8,985.00
  • Gross Income: $59,400.00
  • Operating Expenses: $8,985.00
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: Yes
  • Unit 1:Monthly Rent: $2,750.00
  • 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: Yes
  • Unit 2:Level: Second
  • Unit 2:Monthly Rent: $2,200.00
  • 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 3
  • Unit 3:Range: Yes
  • Unit 3:Sewer: 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

DateEvent & SourcePriceAppreciation
May 20, 2026

Price Change

Maine Listings #1657908

$599,900
May 6, 2026

Price Change

Maine Listings #1657908

$609,900
Apr 15, 2026

Listed (Active)

Maine Listings #1657908

$619,900
DateEvent & SourcePrice
05/20/2026

Price Change

Maine Listings #1657908

$599,900
05/06/2026

Price Change

Maine Listings #1657908

$609,900
04/15/2026

Listed (Active)

Maine Listings #1657908

$619,900

For completeness, we 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.

Similar Homes

41 Lotts Drive is a multi-family home for sale in Windham, ME 04062. This property was listed for sale on April 15, 2026 by Dream Home Realty LLC, it's currently listed at $599,900. It has been on the market for a total of 40 days and was last sold on February 5, 2024. This listing's school district is Regional School Unit 14. Nearby schools include Windham Primary School, Manchester School and Windham Middle School. 41 Lotts Drive is a 5-bed, 2-bath, 2,252 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Dream Home Realty LLC

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.