Bought with Keller Williams Realty
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Key Details
Sold Price $950,000
Property Type Multi-Family
Listing Status Sold
Square Footage 4,623 sqft
MLS Listing ID 1517915
Sold Date 02/28/22
Style Cottage
Full Baths 8
HOA Fees $22/ann
HOA Y/N Yes
Abv Grd Liv Area 4,623
Originating Board Maine Listings
Year Built 1900
Annual Tax Amount $7,896
Tax Year 2022
Lot Size 1.300 Acres
Acres 1.3
Property Description
Unique opportunity near the edge of Sebago Lake. This property consists of a duplex and 6 single-family year-round cottages. Beautiful right of way to open Sebago Lake with Association, dock and access is only steps away from the property. Fantastic opportunity to possibly redevelop into short-term vacation rentals, Airbnb, or possible condominium conversion. Or, add cosmetics to increase the rental income substantially. Some long-term tenants. Mix of units consists of one efficiency, five 1-bedroom units and two 2-bedroom units. Great visibility right on Route 302, and very close to North Windham and Raymond. Also listed commercially, see MLS #1517924
Location
State ME
County Cumberland
Zoning RL
Direction Roosevelt Trail Windham (Route 3020) head North towards Raymond to #1088 Roosevelt Trail on your left. Just beyond Lakehurst Ave.
Body of Water Sebago Lake
Rooms
Basement Bulkhead, None, Crawl Space, Partial, Exterior Entry, Not Applicable
Interior
Interior Features 1st Floor Bedroom
Heating Space Heater, Heat Pump, Baseboard, Hot Air
Cooling None, Heat Pump
Flooring Vinyl, Laminate, Carpet
Exterior
Garage 11 - 20 Spaces, Paved, Common
Waterfront Yes
Waterfront Description Lake
View Y/N No
Roof Type Pitched,Shingle
Street Surface Paved
Porch Deck, Porch
Parking Type 11 - 20 Spaces, Paved, Common
Garage No
Building
Lot Description Open Lot, Right of Way, Near Public Beach
Story 2
Foundation Block, Pillar/Post/Pier, Concrete Perimeter, Slab
Sewer Septic Existing on Site
Water Public
Architectural Style Cottage
Structure Type Vinyl Siding,Wood Frame
Others
HOA Fee Include 275.0
Restrictions Unknown
Energy Description Oil, K-1Kerosene, Electric
Financing Cash
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327