Bought with Benchmark Real Estate
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Key Details
Sold Price $575,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,300 sqft
MLS Listing ID 1632323
Style New Englander
Full Baths 2
Year Built 1910
Annual Tax Amount $5,755
Tax Year 2025
Lot Size 7,840 Sqft
Property Description
Directly across from scenic Riverbank Park in the heart of revitalized downtown Westbrook, this move-in-ready two-family offers the perfect blend of location, updates, and potential. With walkable access to trails, shops, restaurants, and breweries, it's a prime spot in one of Southern Maine's fastest-growing and most exciting communities.
Each unit features 2 bedrooms, separate utilities, and off-street parking. The first-floor unit is vacant and ready for immediate occupancy—ideal for owner-occupants or investors looking to capture today's rents. The second floor is occupied by a terrific tenant. The building has seen significant upgrades, including efficient heating systems and a low-maintenance exterior.
The expansive third floor offers even more opportunity—potential for expansion or a third unit (buyer to verify). This is a property that delivers: desirable location, excellent tenant pool, low vacancy potential, and—unlike Portland—no rent control. The numbers work, and the upside is real.
Curiously, the adjacent property is also available, presenting a unique opportunity for investors, owner-occupants, or developers to think bigger. Westbrook welcomes development and is actively building a vibrant, accessible downtown. This is your chance to get in now, ahead of the next wave of growth and appreciation.
Location
State ME
County Cumberland
Zoning RG
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl, Laminate
Equipment Internet Access Available, Cable
Laundry Laundry - 1st Floor, Main Level, Washer Hookup
Exterior
Parking Features 1 - 4 Spaces, Paved, Off Street
Fence Fenced
Utilities Available 1
View Y/N No
Roof Type Pitched,Shingle
Building
Lot Description Well Landscaped, Open, Corner Lot, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Schools
School District Westbrook Public Schools
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