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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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108 Longfellow St , Westbrook, ME 04092
$1,349,000
Est. Payment: $2,997.78/mo
0 Bed
0 Bath
4444 Sqft
Status: Active | Days on site: 7
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3437 - 019154
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House Description

HUGE DEVELOPMENT OPPORTUNITY in WESTBROOK!! Single family house lot, huge 3 Unit Multi-family building, Development lot - up to 9 units! At the center of this offering is a gorgeous, exceptionally spacious and strongly performing three-unit multifamily featuring three pristine two-bedroom, one-bath apartments. Each unit offers generous living space, while ample parking and separately metered utilities make the property as practical as it is impressive. But the opportunity extends far beyond the existing building. The subdivision of this lot also creates a buildable single-family lot, plus an additional parcel with the potential to accommodate up to nine residential units, subject to final municipal review and approval. Whether you are looking to expand your portfolio, develop additional housing or create a truly unique long-term investment, the possibilities here are extraordinary. With public water and sewer available. Opportunities with this combination of immediate income and future development potential are exceptionally hard to find.

Highlights

Listed by Lisa Andrade , 207-239-2220 Dream Home Realty LLC , 207-300-4663.

Property Type

Commercial Sale

Lot/Acreage
1.68

Year Built

1740

County

Cumberland

Listing ID

1678416

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Carpet,Tile,Vinyl,Wood
Basement:Unfinished,Brick/Mortar
Water:Public

Exterior Features

Zoning:11
Roof:Shingle
Sewer:Public Sewer
Parking Features:11 - 20 Spaces,On Site,Off Street
Principal Interest
$2,998
Taxes
$876

Home Price

$1,349,000

Loan Details

30 yrs
%

Down Payment

20%
$269,800
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Monthly Price:
$2,997.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,997.78 $876.00 $0.00 $3,873.78
Yearly $35,973.33 $10,512.00 $0.00 $46,485.33
Total $1,079,200.00 $315,360.00 $0.00 $1,394,560.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Westbrook, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.