1088 Roosevelt Trail, Windham, ME 04062 | 1517924 | Engel & Völkers Casco Bay

1088 Roosevelt Trail $795,000

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    1088 Roosevelt Trail Windham, ME 04062

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    $795,000

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    • 1.30 Acres
    • Commercial
    • MLS# 1517924
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    Property Details

    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 as multi-family, see MLS #1517915

    • General Features
      • Primary Use Multi Family
      • Leased Land No
      • Year Built 1900
      • Tax Year 2022
      • Association Fee 200.00
      • Fee Frequency Annually
      • Full Tax Amount $7,896
      • Location Water View
    • Building Features
      • Basement Bulkhead, Crawl Space, None, Partial
      • Commercial Bldg Information Gross Income 84900.00
      • Commercial Bldg Information Total Units 8
      • Commercial Bldg Information Operating Expenses 21696.00
      • Roof Pitched,Shingle
      • Cooling Heat Pump, None
      • Construction Wood Frame
      • Exterior Vinyl Siding
      • Electric Circuit Breakers
      • Heat System Baseboard, Heat Pump, Hot Air, Space Heater
      • Heat Fuel Electric, K-1/Kerosene, Oil
      • Floors Carpet, Laminate, Vinyl
      • Gas No Gas
    • Property Features
      • Parking 11 - 20 Spaces
      • Property Uses Other
      • Sewer Septic Existing on Site
      • Water Public

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    Neighborhood

    04062 (Windham) Demographics

    42 Median Age
    371 Population Density (per sq. mile)
    49% College Educated
    $78,698 Estimated Median Income
    5,983 Estimated Total Home Owners
    871 Estimated Total Renters
    87% / 13% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    18,478 Total Population
    Community data courtesy of LiveBy, Inc.

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    0 Homes Sold
    10 New On Market

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        IDX 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.