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  • Price cut: $5K (7/1)
    $594,900

    41 Lotts Drive, Windham, ME 04062

    5beds
    2,252sqft
    : 
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    Multi Family
    Built in 1929
    -- sqft lot
    $590,700 Zestimate®
    $264/sqft
    $-- HOA

    What's special

    Well-designed layoutGranite countertopsSingle-level livingConvenient mud roomOff-street parking adds convenienceUpdated finishes throughoutStainless steel appliances
    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.
    81 days
    |
    555
    |
    41
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Dream Home Realty LLC

    Source: Maine Listings,MLS#: 1657908MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Heat Pump, Space Heater
      Cooling
      • Heat Pump
      Features
      • 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
      • Flooring: Tile, Wood
      • Basement: Interior Entry,Sump Pump,Unfinished
      Interior area
      • Total structure area: 2,252
      • Total interior livable area: 2,252 sqft
      • Finished area above ground: 2,252
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, Paved, 1 - 4 Spaces, On Site
      Features
      • Stories: 2
      Lot
      • Size: 9,583 Square Feet
      • Features: Suburban, Level, Open Lot
      Details
      • Parcel number: WINMM46B5
      • Zoning: C-3
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Roof: Fiberglass,Shingle
      Condition
      • Year built: 1929

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Private Sewer, Septic Tank
      • Water: Public
      • Utilities for property: Utilities On

      Community & HOA

      Location
      • Region: Windham

      Financial & listing details

      • Price per square foot: $264/sqft
      • Tax assessed value: $443,200
      • Annual tax amount: $6,195
      • Date on market: 4/15/2026

        Estimated market value

        $590,700

        $561,000 - $620,000

        $2,121/mo

        Price history

        DateEventPrice
        7/1/2026Price change$594,900-0.8%$264/sqft
        Source: Maine Listings #1657908 Report a problem
        5/20/2026Price change$599,900-1.6%$266/sqft
        Source: Maine Listings #1657908 Report a problem
        5/6/2026Price change$609,900-1.6%$271/sqft
        Source: Maine Listings #1657908 Report a problem
        4/15/2026Listed for sale$619,900+10.7%$275/sqft
        Source: Maine Listings #1657908 Report a problem
        2/5/2024Sold$560,000+2%$249/sqft
        Source: Maine Listings #1580680 Report a problem
        2/1/2024Pending sale$549,000$244/sqft
        Source: Maine Listings #1580680 Report a problem
        1/22/2024Contingent$549,000$244/sqft
        Source: Maine Listings #1580680 Report a problem
        1/19/2024Listed for sale$549,000+167.8%$244/sqft
        Source: Maine Listings #1580680 Report a problem
        7/20/2023Sold$205,000$91/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,964 $443,200
        2023$4,964 +172.4%$443,200 +182.5%
        2022$1,822 -18.5%$156,900 +5.3%
        2020$2,235 +2.5%$149,000
        2019$2,181 -3.6%$149,000
        2018$2,262 +38.1%$149,000 +49.4%
        2017$1,638 +4.7%$99,700
        2016$1,565 -33%$99,700 -35.3%
        2015$2,336 +3.3%$154,200
        2014$2,262 $154,200

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 04062

        Getting around

        10 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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