Bought with Bean Group
$575,000
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61 Spring ST Westbrook, ME 04092
2 Baths
2,480 SqFt
Key Details
Sold Price $575,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,480 sqft
MLS Listing ID 1531396
Sold Date 09/23/22
Style Multi-Level,New Englander
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,480
Year Built 1937
Annual Tax Amount $5,436
Tax Year 2022
Lot Size 0.630 Acres
Acres 0.63
Source Maine Listings
Land Area 2480
Property Description
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.
Location
State ME
County Cumberland
Zoning 11
Body of Water Beaver Pond
Rooms
Basement Walk-Out Access, Full, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Other
Heating Radiator, Hot Water
Cooling None
Flooring Wood, Vinyl, Laminate, Carpet
Laundry Laundry - 1st Floor, Upper Level, Main Level
Exterior
Parking Features 1 - 4 Spaces, Paved, Underground
Garage Spaces 2.0
Utilities Available 1
Waterfront Description Pond
View Y/N No
Roof Type Shingle
Porch Deck, Porch
Garage Yes
Building
Lot Description Level, Open Lot, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
Sewer Public Sewer
Water Public
Architectural Style Multi-Level, New Englander
Structure Type Aluminum Siding,Wood Frame
Others
Energy Description Oil
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