Rare Investment Opportunity Near Sebago Lake - Multi-Unit Property with Huge Potential. Opportunity awaits. This unique property offers incredible potential for investors, contractors, or buyers looking to create value. Located just a short walk to association access on beautiful Sebago Lake, the property features multiple units and flexible living space with the possibility for rental income or multi-generational use. While the property does REQUIRE updates and improvements, the location and potential make it a rare opportunity in the Windham/Sebago Lake area. Enjoy the benefits of lake access while being conveniently located near local amenities, restaurants, and year-round recreation. Whether you're looking for an investment project, seasonal retreat, or property with income potential, this is a chance to bring your vision to life in one of Southern Maine's most desirable lake regions.
Multi-familyProperty Type
1940Year Built
1.56 acresLot Size
$170Price/Sq.Ft.
$21/moHOA Dues
3 car garageParking
Listed by Jacqueline {Jackie} Griffeth• Krainin Real Estate
It is the intent of this district to ensure the proper development of residential areas by encouraging the formation of community units while developing, protecting, and preserving open spaces.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Public service
Communications tower
Cemetery
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 3
Parking Features: Paved, 1 - 4 Spaces
Vehicle Storage: 3 Car
Interior
Virtual Tour
Bathroom Information
# of Baths (Full): 4
Basement Information
Basement Entry: Interior Entry, Unfinished
Interior Features
Flooring: Carpet, Vinyl
Exterior
Building Information
Construction Materials: Wood Frame, Vinyl Siding, Wood Siding
Roof: Metal
Total Building Area (Sq. Ft.): 2,940
Property Information
Year Built: 1940
Above-Grade Finished Area (Sq. Ft.): 2,372
Below-Grade Finished Area (Sq. Ft.): 568
Lot Information
Lot Size (Sq. Ft.): $67,953.60
Lot Size (Acres): 1.56
Lot Size Source: Public Records
Lot Features: Near Public Beach, Near Shopping, Near Town, Neighborhood, Rural, Wooded
Road Surface Type: Paved
Zoning: RL
Waterfront Information
Waterfront: Yes
Water Body Name: Sebago Lake
Water Body Type: Lake
Water View: Yes
Financial
Tax Information
Annual Tax Amount: $8,361
Tax Year: 2025
Utilities
Utility Information
Has Heating
Heating: Forced Air
Electric: Circuit Breakers
Sewer: Private Sewer
Water Source: Private
Water Heater: Off Heating System
Location
Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 1
# of 3 Bedroom Units: 1
Unit 1 Information
# of Baths (Full): 2
# of Bedrooms: 3
# of Rooms: 6
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: No
Sewer: Yes
Water: Yes
Unit 2 Information
# of Baths (Full): 1
# of Bedrooms: 1
# of Rooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Basement
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 4
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: No
Sewer: Yes
Water: Yes
HOA Information
Has Association
Association Fee: $250
Association Fee Frequency: Annually
Location Information
Unparsed Address: 96 Mineral Spring Road, Windham, ME 04062
Directions: Mineral Springs
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.56 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Cumberland County
APN: 143803
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Manchester School
Public 4-5 • Assigned • 2.3mi
7/10
Windham Middle School
Public 6-8 • Assigned • 5.4mi
4/10
Windham High School
Public 9-12 • Assigned • 5.5mi
6/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
4/10 Wind Factor
20% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Windham, ME • 04062
Average low and high temperatures (°F)
28
13
32
13
44
27
54
36
64
47
76
57
81
62
79
55
73
50
61
41
48
32
34
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$687,000 – $831,000
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