96 Central Street
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Sold

96 Central Street

96 Central Street, Westbrook, ME 04092

$580,000
$580,000

96 Central Street

3 Baths 3,524 Sq.Ft.

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Description

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.

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Location

96 Central Street, Westbrook, ME 04092

Status

Sold
Lauren Jones

Lauren Jones

Features & Amenities

Interior

  • Total bathrooms3
  • full bathrooms3
  • Flooring Tile, Vinyl, Wood
  • other interior Features 1 st Floor Bedroom

Area & Lot

  • Status Sold
  • Living Area3,524 Sq.Ft.
  • Lot Area4,791.6 Sq.Ft.
  • MLS® ID1516498
  • TypeMulti-Family
  • YEAR BUILT1900
  • Architecture StylesColonial

Exterior

  • STORIES3
  • water SourcePublic
  • roofShingle
  • lot featuresOpen Lot, Sidewalks, Intown, Near Shopping, Near Town
  • parking5 - 10 Spaces, Gravel, Paved, On Site, Off Street
  • HEAT TYPEHot Air, Natural Gas
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureAluminum Siding, Wood Frame
  • other exterior FeaturesDeck

Financial

  • Sales Price$580,000
  • Real Estate Tax $5,504/yr
  • Zoning 11

REAL ESTATE — IT'S A LIFESTYLE

WORK WITH LAUREN

Lauren is remarkably devoted, driven, and enthusiastic about every opportunity she gets to help others achieve their goals. Every client has a unique story, and she strives to add to each of those stories in a positive and enduring way.

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Contact Details

Lauren Jones

Phone

(207) 650-9247

Email

[email protected]

Address

183 US-1 ​​​​​​​FALMOUTH ME 04105

 

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