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LAER Realty Partners
11 Jacques Ln, Windham, ME 04062
- $360,000
- 3
- BA
- 1,700
- SqFt
Listing courtesy of Maine Real Estate Pros. 207-212-6161
- List Price
- $360,000
- MLS#
- 1685545
- Status
- ACTIVE
- Type
- Multifamily
- City
- Windham
- County
- Cumberland
- Bathrooms
- 3
- Living Area
- 1,700
- Lot Size
- 121,968
- Year Built
- 1977
Property Description
This two-unit offers a reported annual net operating income of $30,725, making it an appealing option for buyers seeking an income-producing investment or a future owner-occupied property with rental income to help offset expenses. Set on a sunny, elevated 3-acre parcel near the Westbrook line, the property combines liberal outdoor space with an oversized two-car garage, insulated outbuilding, an inground pool, a paved driveway, and ample parking. Unit 1 rents for $1,400 per month plus half of the electric and propane costs and features 2 bedrooms, 1 bath, a kitchen, a family room, and a covered patio. Unit 2 rents for $1,800 per month plus half of the electric and propane costs, with the tenant responsible for mowing and driveway clearing. This spacious upper-level unit offers 4 bedrooms, 2 baths, and a generous living area with a bonus room. Propane heat, a pellet stove, recently updated windows, and a private yard add to its appeal, while cosmetic updates offer an opportunity to refresh the space and build value. Farm District zoning has many permitted uses for Investors with a vision. With strong numbers, versatile uses, and room for capital appreciation, this property is an attractive investment today with greater potential tomorrow! Schedule showings under MLS # 1685309
Additional Information
- Living Area
- 1,700
- View
- Fields
- Electric
- On Site, Circuit Breakers, Generator
- Water
- Private Well, Well
- Basement
- Exterior Entry, Walkout, Daylight, Finished, Full
- Cooling
- None
- Year Built
- 1977
- Acres
- 2.80
- Roof
- Metal
- Foundation
- Poured Concrete
- Style
- Raised Ranch
- Stories
- 2
- Courtesy Of Listing Office
- Maine Real Estate Pros
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Contact: 207-212-6161