3 Gambo RD Open House

Windham,ME 04062

$ 699000

- Bed

5 Baths

3808 SqFt


OPEN HOUSE

Sat Aug 16, 12:00pm - 1:30pm 

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 3,808 sqft

Price per Sqft $183

MLS Listing ID 1634167

Style Victorian

Full Baths 4

Half Baths 1

Year Built 1820

Annual Tax Amount $7,017

Tax Year 2024

Lot Size 1.100 Acres

Property 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, each 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

Location

State ME

County Cumberland

Zoning RES

Interior

Heating Hot Water,Heat Pump,Baseboard

Cooling Heat Pump

Flooring Laminate,Carpet

Fireplaces Number 2

Exterior

Parking Features 5 - 10 Spaces,Paved,Common,Detached

Garage Spaces 2.0

View Y/N No

Roof Type Fiberglass,Metal,Pitched,Shingle

Building

Lot Description Rolling/Sloping,Open,Corner Lot,Wooded,Near Golf Course,Near Town,Neighborhood,Rural

Story 3

Foundation Stone,Brick/Mortar

Sewer Private Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Others

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