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311 Main St 3 Unit Apartment Building $625,000 ($208,333/Unit) Westbrook, ME 04092
Executive Summary
2,652± SF 3-unit multifamily property available for sale in the heart of Westbrook, ME, ideally located about 1 mile from I-95 and just minutes from Portland, ME. Rare owner-occupied opportunity to live in 1 unit while generating supplemental rental income from 2 additional units and building long-term equity. Below-market rents offering future upside while offsetting ownership costs. Positioned on a corner lot at Main and Tolman Streets with on-site parking and a detached garage.
Property Facts
| Price | $625,000 | Building Class | C |
| Price Per Unit | $208,333 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 2,652 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1928/2011 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RGA-1 - Residential Growth Area | ||
| Price | $625,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,652 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1928/2011 |
| Opportunity Zone |
Yes |
| Zoning | RGA-1 - Residential Growth Area |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | WSBR-000041-000000-000011 | Improvements Assessment | $308,700 |
| Land Assessment | $81,000 | Total Assessment | $389,700 |
Property Taxes
Parcel Number
WSBR-000041-000000-000011
Land Assessment
$81,000
Improvements Assessment
$308,700
Total Assessment
$389,700
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311 Main St
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