243 Windham Center Road Windham, ME 04062
MULTI_FAMILY - Colonial - Windham, ME
Property Features for 243 Windham Center Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- wc
- Bathrooms
- 2
- Rooms
- Bathroom 1, Basement, Bathroom 2
- Patio and Porch features
- Deck
- Basement
- Unfinished
- Standard status
- Active
- Size
- 1,728 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5031
Utilities
- Sewer type
- Private Sewer
- Heating system
- Hot Water(Heating), Oil
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Vinyl
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Colonial
Listing agent Kristal Fecteau (207) 671-9712
Listing office Coldwell Banker Team Real Estate 778 Roosevelt Trail, Windham, ME (207) 892-1600
Listing date Jul 15, 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.
Set in Windham, Maine, the duplex is described as being close to schools with an easy commute to Portland. The offering suits an owner-occupant looking to move in while having an additional unit available, or an investor seeking to rent both units.
The property is located at 243 Windham Center Road (zoning listed as WC) and totals approximately 1,728 square feet.
Key Highlights
- Turn‑key duplex with 2 bedrooms and 1 bathroom in each unit
- Vacant property ready for owner occupancy or to rent both units
- Fresh updates include new paint, newer siding, and a newer roof
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 | $46.7k | $27.00 |
| − Vacancy | −$3.0k | −$1.76 |
| EGI | $43.6k | $25.25 |
| − OpEx | −$13.1k | −$7.57 |
| NOI | $30.5k | $17.67 |
