220 Kimball Road, Bridgton, ME 04009
MULTI_FAMILY - Colonial - Bridgton, ME
- Added:
- May 13, 2026
- Days on Market:
- 32
- Last Refresh:
- Jun 13 at 4:06 pm
Property Features for 220 Kimball Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bathrooms
- 2
- Rooms
- Bathroom 1, Basement, Bathroom 2
- Parking features
- Underground/Basement
- Patio and Porch features
- Deck
- Pets allowed
- No
- Interior features
- Walk-in Closets, Bathtub
- Basement
- Walk-Out Access, Finished, Full, Unfinished
- Standard status
- Active
- Size
- 2,392 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3920
Utilities
- Sewer type
- Private Sewer, Septic Tank
- Heating system
- Baseboard, Propane (Heating)
- Water source
- Private, Well
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1990
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Vinyl, Tile
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Colonial
Listing agent Bernadette McIver (207) 653-5366
Listing office The Lakes Real Estate 175 Portland Rd Suite 1, Bridgton, ME (207) 647-5371
Listing date May 13, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑unit Colonial on a wooded 1‑acre lot with lake frontage
- 2,392 sq. ft. total with 4 bedrooms and 3.5 bathrooms across two units
- Each unit has its own private driveway and deck, plus walk‑in closet and granite countertops
- In‑unit laundry plus basement storage included for both units
- Separate utilities for heat, electricity, and trash for each unit
- Vacant units ready for rental income, owner‑occupancy, or multi‑generational use; year built 1990
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.6k | $27.00 |
| − Vacancy | −$4.2k | −$1.76 |
| EGI | $60.4k | $25.25 |
| − OpEx | −$18.1k | −$7.57 |
| NOI | $42.3k | $17.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bridgton
- County
- Cumberland
- State
- Maine
- Longitude
- -70.720129
- Latitude
- 44.110106
