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Multi-FamilyMEWindham040623 Gambo Road, Windham, ME, 04062

3 Gambo Road, Windham, ME, 04062

3 Gambo Road, Windham, ME, 04062
5 baths
$650,000
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Basics

  • Date added: Added 6 months ago
  • Category:
  • Status:
  • Bathrooms: 5
  • Lot size: 1.1 sq ft
  • Year built: 1820
  • Bathrooms Full: 4
  • Lot Size Acres: 1.1 acres
  • Zoning: RES
  • County: Cumberland
  • MLS ID: 1634167

Description

  • Description:

    Welcome to 3 Gambo Road in Windham, Maine - a beautifully renovated Victorian multi-unit property in a desirable neighborhood, offering a perfect blend of timeless elegance and modern convenience. This exceptional home features three distinct units, two of which have been thoughtfully updated within the last five years to enhance comfort, functionality, and charm.

    Front Unit (Studio) - Fully renovated and brimming with charm, this studio offers access to the expansive, inviting front porch with tranquil pond views — the perfect spot to start or end your day.

    Middle Unit (3BR, 2.5BA + Flex Space) - Featuring an updated kitchen and baths while retaining gorgeous 1820's character, including stained glass windows, two decommissioned fireplaces, arches, French doors opening to a beautiful porch with water views, along with other preserved period details. The flexible space is currently used as a massage studio, offering endless possibilities for home office, studio, or hobby use.

    Back Unit (1BR, 1BA + Loft) - A cozy yet spacious apartment with an open loft for additional living or storage space.

    Investment Highlights:
    Generates approximately $68,000/ year of income. With reputable, long-term tenants already in place, this property is a proven income producer. The studio unit will be available soon, offering flexibility for re-rental or personal occupancy.

    Location Perks:
    Ideally situated just minutes from Windham, Gorham, Portland, and Westbrook. Outdoor enthusiasts will love the proximity to the Presumpscot River, the Sebago to the Sea Trail, and Shaw Park's swimming and walking paths. Also, at the end of Gambo Road is the Mountain Division Trail, public boat launches with a swimming area, and the Gambo Soccer Fields all within this beautiful neighborhood.

    Whether you're seeking a successful investment property with strong rental history or a primary residence with additional income potential, 3 Gambo Road is a rare find that truly has it all

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Location

Building Details

  • Building Area Total: 3808 sq ft
  • Number Of Units Total: 3
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Victorian
  • Sewer: Private Sewer
  • Heating: Hot Water, Heat Pump, Baseboard
  • StoriesTotal: 3
  • Stories: 3
  • Roof: Fiberglass, Metal, Pitched, Shingle
  • Foundation Details: Stone, Brick/Mortar
  • Levels: Multi-Level
  • Basement: , , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Laminate, Carpet
  • Parking Features: 5 - 10 Spaces, Paved, Common, Detached
  • Garage Spaces: 2
  • WaterSource: Public
  • Lot Features: Rolling/Sloping, Open, Corner Lot, Wooded, Near Golf Course, Near Town, Neighborhood, Rural
  • Patio And Porch Features: Deck, Porch
  • Fireplaces Total: 2
  • Cooling: Heat Pump

Fees & Taxes

  • Gross Income: $68,400

Miscellaneous

  • Road Surface Type: Paved
  • Pets Allowed: Yes

Courtesy of

  • List Office Name: Compass Real Estate

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Bangor, ME 04401
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