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Adam Dow

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

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124 Brackett St , Westbrook, ME 04092
$579,000
Est. Payment: $1,286.67/mo
0 Bed
2 Bath
2292 Sqft
Status: Active | Days on site: 60
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3311 - 024781,016316
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House Description

Exceptional investment opportunity in the heart of Westbrook! This fully leased two-family property offers immediate cash flow with two spacious 3-bedroom, 1-bathroom apartments. Each unit features high ceilings, abundant natural light, generous living spaces, and oversized galley kitchens with room for a formal dining area or home office. Currently generating $5,200 per month in rental income, this property presents strong income potential for both seasoned and first-time investors. Additional highlights include ample off-street parking, shared laundry in the basement, and a convenient location close to shopping, dining, schools, and major commuter routes. Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this is an opportunity you won't want to miss!

Highlights

Listed by Brandon Gallagher , 207-939-3170 and Amanda Vigue , 207-232-8214 Waypoint Brokers Collective , 207-804-2012.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1940

County

Cumberland

Listing ID

1669075

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Window Unit(s)
Fireplaces:
Floor:Laminate,Tile,Vinyl,Wood
Above Ground Sq Ft:2292
Below Ground Sq Ft:0
Basement:Doghouse,Interior Entry,Full,Unfinished
Other:
  • Additional:1st Floor Bedroom, Bathtub, Shower, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:Intown,Near Country Club,Near Golf Course,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Open Lot,Sidewalks,Near Public Transit
Zoning:11
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved,1 - 4 Spaces,5 - 10 Spaces,Off Street
Principal Interest
$1,287
Taxes
$470

Home Price

$579,000

Loan Details

30 yrs
%

Down Payment

20%
$115,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,286.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,286.67 $469.75 $0.00 $1,756.42
Yearly $15,440.00 $5,637.00 $0.00 $21,077.00
Total $463,200.00 $169,110.00 $0.00 $632,310.00

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.