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61 Spring StreetWestbrook, ME 04092MLS Number 1531396

  • Sale Price: $575,000
  • 368 Days Since Sale
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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61 Spring Street Westbrook ME 04092
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  • 0.63Acreage
  • 2Bathrooms
  • 1937Year Built
  • 2,480Square Feet

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Incredible investment opportunity in Westbrook! This rare and wonderful 2-unit property on a truly exceptional lot on Beaver Pond boasts two income-generating 3-bedroom/1-bath units, each with separate entrances, separate electric and heating, in-unit washing machines and a shared dryer in the basement. Plenty of parking and storage with an attached 2-car garage and additional basement and attic space. Bright and airy units with high ceilings and charming period details. There are tenants currently in the upper unit through November 2022 at $2,000 per month. The now-vacant lower unit rented for $2,100, prior to the new laminate flooring installed in the unit and 1st-floor hallway this year. Newer roof; easy-to-maintain lawn (has never needed mowing!); all exterior entrances; porches and decks freshly painted this spring. Freshly painted interior 2021, new motion-sensor safety lights installed outside and in the interior hallway and stairwell 2021. The flexibility of this property is so appealing; with the enchanting urban oasis that the pond and beautiful level yard allows, this could be a multi-generational home (as it was historically), an amenity laden investment as it is now, or a fabulous owner-occupied home that lets you enjoy the warmth and tranquility of nature while the tenants pay your mortgage! Not to mention the convenient location – walkable to downtown Westbrook, restaurants, shopping, parks, health care and public transportation. Minutes to the Mall, the turnpike and Portland. Group showings Saturday 6/11 and Sunday 6/12 from 12:00 noon to 3:00 p.m. *Photos of 2nd floor unit were taken prior to tenant occupancy. Floor Plan & Matterport of 1st floor only, but 2nd unit is nearly identical in layout and dimension.
Listed by Town & Shore Real Estate

Sold by Bean Group

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More Info

Basic Information

  • Documents Available Property Disclosure Public Access, Other Public Access 1, Deed Public Access, Other Public Access 2, Other Public Access 3, Lead Paint Addendum Public Access
  • Gross Income $50,200

Location

  • Address61 Spring Street
  • Building Number61
  • CountyCumberland
  • DrivewayPaved
  • Latitude43.674297
  • Longitude-70.362872
  • StateME
  • StreetSpring Street
  • TownWestbrook
  • Zip04092

Property

  • Lot Size SourcePublic Records
  • Road FrontagePublic
  • Water ViewYes

Utilities

  • Electric Circuit Breakers
  • Gas Natural - At Street
  • Heat SystemHot Water, Oil, Radiator
  • Heating FuelOil
  • Heating YN Yes
  • Laundry Features Laundry - 1st Floor, Upper Level, Main Level
  • Sewer Public Sewer
  • Utilities Pole Electric
  • Water HeaterElectric, Off Heating System, Tank
  • Water Source Public

Photos

  • Number of Photos54

Tax Information

  • Tax Book Number 38664
  • Tax Lot111
  • Tax Map Number 29
  • Tax Year 2022
  • Taxes$5,436

Building

  • Above Grade Finished Area 2,480
  • BasementWalk-Out Access, Full, Interior Entry, Unfinished
  • Building ConstructionAluminum Siding, Wood Frame
  • GarageYes
  • Garage Spaces2
  • Property StyleMulti-Level, New Englander
  • Units2
  • Units Numof 3 Bd Units 2
  • Year Built1937

Interior

  • Flooring Carpet, Laminate, Vinyl, Wood
  • Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Other

Property Information

  • Acreage0.63
  • Lot Features
    • Level
    • Near Shopping
    • Near Town
    • Near Turnpike/Interstate
    • Neighborhood
    • Open Lot
    • Sidewalks
  • Lot Size Square Feet 27,442
  • Lot Size Units Acres
  • Patio And Porch Features Deck, Porch
  • Site Level, Open, Sidewalks
  • Square Feet2,480

Other

  • Date Listed06/07/2022
  • View Count2

Parking

  • Parking Features 1 - 4 Spaces, Paved, Underground

Rooms

  • Bathroom2
  • Full Bath2

Basic Information

  • Agent ID016077
  • Broker ID1067
  • Broker NameTown & Shore Real Estate
  • List Price$499,900
  • LocationTypeNear Shopping, Near Town, Near Turnpike/Interstate, Neighborhood
  • MLS Number1531396
  • Modification Date05/05/2023
  • Property TypeResidential Income
  • Sale Date09/23/2022
  • Sale Price$575,000
  • Virtual TourView Tour

Exterior

  • Exterior Aluminum Siding
  • RoofShingle

Amenities

  • Amenities
    • Bathtub
    • Deck
    • Laundry - 1st Floor
    • Laundry - 2nd Floor
    • One-Floor Living
    • Other Amenities
    • Porch
  • Mls StatusClosed
  • Other AmenitiesBasement, Fireplace, Water View, Waterfront

Water Body

  • Water Body NameBeaver Pond
  • Water Body TypePond
  • Water Info Water Frontage Yes
  • WaterfrontYes
  • Waterfront Features Pond

Westbrook, ME Demographics

There is no data available

Westbrook, ME Real Estate Market Data

There is no data available

Westbrook, ME Schools

School NameDistanceTypeGrades
Gosselin Realty Group
Gosselin Realty Group
Office: 207-363-2414
647 US Route One
Suite 210, PO Box 393
York, ME 03909

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Gosselin Realty Group participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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