220 Kimball Road Bridgton, ME 04009
MULTI_FAMILY - Colonial - Bridgton, ME
- Added:
- Jul 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 11 at 12:06 am
Property Features for 220 Kimball Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Basement
- Parking features
- Underground/Basement
- Patio and Porch features
- Deck
- Pets allowed
- No
- Interior features
- Walk-in Closets, Bathtub
- Basement
- Full, Walk-Out Access, Unfinished, Finished
- 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
- Septic Tank, Private Sewer
- Heating system
- Baseboard, Propane (Heating)
- Water source
- Well, Private
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1990
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Tile, Vinyl
- 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 Jul 9, 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.
Investment Insights
Based on property information with market context.
The site is a single-lot setting totaling one acre, with the property sized for a small-scale duplex configuration. With Residential zoning in place, ownership can align with standard residential tenancy without requiring special commercial planning based on the information provided.
This duplex may appeal to owner-occupants or investors seeking a residential income property rather than a larger multifamily platform. With the building size and parcel area clearly defined, it provides a practical starting point for those evaluating a compact two-unit purchase. As with any residential income acquisition, prospective buyers should confirm current layout, condition, and operating details during due diligence to ensure the property meets their specific leasing and ownership goals.
Key Highlights
- Lakefront home with lake frontage
- Year built: 1990; colonial architectural style
- Water source: well and private water
Local Financial Insights For Apartment 5plus
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 | $76.1k | $31.80 |
| − Vacancy | −$4.6k | −$1.91 |
| EGI | $71.5k | $29.89 |
| − OpEx | −$32.2k | −$13.45 |
| NOI | $39.3k | $16.44 |
