96 Central ST Westbrook, ME 04092

Just Listed in Downtown Westbrook: A Three-Unit Income Producing Property with an 11% Cap Rate. The first unit is full-floor apartment that spans 1400+ SF and has 3 very large bedrooms and a 4th smaller bedroom plus a home office space off the expansive kitchen. Units 2 and 3 are mirror apartments upstairs, each with 3 bedrooms, their own back decks, and extra finished space in the attic. When the current owner purchased the property in 2015, he put in all new windows, electric, and plumbing. In 2020 he replaced the boiler and in 2021 installed a new water heater. In the rear of the building is a large parking lot with ample off-street spaces for tenants. Central Street is in the heart of Westbrook and walking distance to the River Walk, Main Street area's Frog & Turtle Restaurant, Mast Landing Brewing Company, and just minutes from the Rock Row development, I-95, and Portland.