Log In/Sign Up
Your email has been sent.
17 Mechanic St 5 Unit Apartment Building $895,000 ($179,000/Unit) Westbrook, ME 04092
Investment Highlights
- Great walkable location downtown
- Off street parking with additional free parking in city garage
- 7.4% cap rate on in place cash flow
Executive Summary
We are pleased to offer 17 Mechanic Street for sale. This multi-family property is situated in the heart of downtown Westbrook. This asset offers a compelling investment opportunity, featuring a strong cash flow history, off-street parking, and an exceptionally walkable location steps away from local shops, restaurants, and public amenities.
Property Facts
| Price | $895,000 | Apartment Style | Low-Rise |
| Price Per Unit | $179,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| No. Units | 5 | Building Size | 6,112 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | 16 - Residential | ||
| Price | $895,000 |
| Price Per Unit | $179,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 6,112 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | 16 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| Studios | 1 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | WSBR-000032-000000-000036 | Improvements Assessment | $332,500 |
| Land Assessment | $100,500 | Total Assessment | $433,000 |
Property Taxes
Parcel Number
WSBR-000032-000000-000036
Land Assessment
$100,500
Improvements Assessment
$332,500
Total Assessment
$433,000
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
17 Mechanic St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.