1088 Roosevelt Trail

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

Listed by:

Town & Shore Real Estate

8
baths

4,623 Sq.Ft. LIVING AREA

1.3 Acres lot

Features & Amenities

Interior

Total bathrooms8
Flooring Vinyl, Laminate, Carpet
other interior Features 1 st Floor Bedroom

Area & Lot

Status Sold
Living Area4,623 Sq.Ft.
Lot Area1.3 Acres
MLS® ID1517915
TypeMulti-Family
YEAR BUILT1900
Architecture StylesCottage
Water Frontage['Lake']

Exterior

STORIES2
water SourcePublic
utilitiesUtilities On
roofPitched, Shingle
lot featuresOpen Lot, Right of Way, Near Public Beach
parking11 - 20 Spaces, Paved, Common
HEAT TYPESpace Heater, Heat Pump, Baseboard, Hot Air
AIR CONDITIONINGNone, Heat Pump
sewerSeptic Existing on Site
SubstructureBlock, Pillar/Post/Pier, Concrete Perimeter, Slab

Financial

Sales Price$950,000
Real Estate Tax $7,896/yr
HOA $275
Zoning RL

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Our team of full-time professional Real Estate Brokers, along with an exceptional support staff, is dedicated to delivering personalized service that exceeds our clients' expectations while providing guidance throughout the complex home buying and selling process.

Contact Details

TOWN & SHORE REAL ESTATE

Phone

(207) 773-0262

[email protected]

Address

1 Union Wharf Portland, ME 04101

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