820 Gray Road, Windham, ME 04062

$1,325,000
Property Type: Multi-Family Baths: 8 Square Footage: 5,490 Lot Size (sq. ft.): 594,594 Status: Closed
Current Price: $1,325,000 List Date: 2/20/2024 Last Modified: 1/17/2025

Description

8 Unit building with every unit being one level and 4 of them accessible with no steps, all on13.65 acres siting several hundred yards from the road. Paved road and parking area for easy maintenance, all separate heat, hot water tanks, and electricity, Fantastic views from units 1 through 4. Building has 4 empty units with recent updates so buyer can pick new tenants. All units now or will have washer and dryer hookups. Rents are estimated based section 8 and on other buildings seller owns. Located only 7 minutes to 1-95 and downtown Windham. The seller has ALL the documentation necessary to convert this building into condominiums and will be provided for free to the next buyer.

Supplements: ********

More Information MLS# 1582592

Location Information

Book: 40391 Leased Land: No Page: 336 Map: 20 Lot: 20A Zoning Overlay: Unknown Association: No Street #: 820 Street Name: Gray Street Type: Road County: Cumberland Town: Windham State/Province: ME Zip Code: 04062 Zip +4: 4873 Zoning: F Full Tax Amount $: 7576 Tax Year: 2022 Geo Lat: 43.848555 Geo Lon: -70.387234

Property Information

Surveyed: Yes Seasonal: No Owner Occupied: No Number of Units: 8 Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Deed Restrictions: Unknown 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 13.65 Total Baths: 8 Total Half Baths: 0 SqFt Finished Above Grade: 5490 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 8 Year Built: 1979 SqFt Finished Total: 5490 Source of Acreage: Survey

Site

Pasture/Field: 1 Rolling/Sloping: 1 Wooded: 1

Location

Near Town: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No Island: No

Style

Garden: 1

Construction

Wood Frame: 1

Basement

None: 1

View

Fields: 1 Scenic: 1 Trees/Woods: 1

Foundation Materials

Poured Concrete: 1

Exterior

Brick: 1 Vinyl Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Direct Vent Heater: 1 Forced Air: 1

Building Info

# Stories: 2 # Heating Units: 8 # Water Heaters: 8

Heat Fuel

Electric: 1 Gas Bottled: 1

Income & Expenses

Gross Income: 158400 Operating Expenses: 23871

Cooling

Other: 1

Floors

Carpet: 1 Laminate: 1 Tile: 1

Units

# of 1 BD Units: 8

Parking

11 - 20 Spaces: 1 On Site: 1

Unit 1

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1650 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 1650 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1650 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Bottled: 1

Unit 4

Lease: No Level: Second Security Deposit: No Monthly Rent: 1650 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Private Sewer: 1

Unit 5

Lease: No Level: First Security Deposit: No Monthly Rent: 1650 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Private: 1

Unit 6

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1650 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 7

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1650 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 8

Lease: No Level: First Security Deposit: No Monthly Rent: 1650 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Driveway

Paved: 1

Sold Info

Appraiser Email Address: john@jpowellappraisals.com

Basement Entry

Not Applicable: 1

Water Heater

Electric: 1

Amenities

1st Floor Bedroom: 1 Laundry - Hookup: 1 One-Floor Living: 1

Patio and Porch Features

Deck: 1 Patio: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Closed Original List Price: 1395000 Sold Price: $1,325,000 Current Price: $1,325,000

Status Change Info

Pending Date: 2024-02-24 Closed Date: 2024-05-13 Closed Price: 1325000

Property Features

Site: Pasture/Field; Rolling/Sloping; Wooded Location: Near Town Roads: Paved; Public View: Fields; Scenic; Trees/Woods Style: Garden Construction: Wood Frame Basement: None Basement Entry: Not Applicable Foundation Materials: Poured Concrete Exterior: Brick; Vinyl Siding Roof: Shingle Heat System: Baseboard; Direct Vent Heater; Forced Air Heat Fuel: Gas Bottled Water Heater: Electric Cooling: Other Floors: Carpet; Laminate; Tile Amenities: 1st Floor Bedroom; Laundry - Hookup; One-Floor Living Patio and Porch Features: Deck; Patio Driveway: Paved Parking: 11 - 20 Spaces; On Site Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer Water: Private
Listing Office: Regency Realty Group
IDX
Last Updated: January - 17 - 2025
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