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Adam Dow

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

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23 Locust St , Westbrook, ME 04092
$300,000
Est. Payment: $666.67/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 21
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2927 - 008201
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

**Investment and redevelopment opportunity in the City Center District.** The property has sustained significant fire damage and is in need of extensive repair and rehabilitation and/or demolition. Buyers should perform their own due diligence regarding the condition of the existing structure and the feasibility of repair or redevelopment. The property is located in **Zone 16 within the City Center District**, which offers **no-setback development potential and the potential for up to 14 units**, subject to municipal review and approval. Buyers are encouraged to verify zoning, permitted uses, unit density, dimensional requirements, and all redevelopment possibilities with the appropriate municipal planning and code enforcement departments. An opportunity for an investor or developer to reimagine the property and take advantage of its City Center location and development potential.
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Highlights

Listed by Maryea Curtis , 207-650-5434 The Flaherty Group , 207-221-8585.

Property Type

Vacant Land
Lot/Acreage
0.12

County

Cumberland

Listing ID

1678137

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:Business District,Intown
Zoning:16 CCD
Sewer:Public Sewer
Parking Features:Paved,On Site
Principal Interest
$667
Taxes
$413

Home Price

$300,000

Loan Details

30 yrs
%

Down Payment

20%
$60,000
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:
$666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $666.67 $412.58 $0.00 $1,079.25
Yearly $8,000.00 $4,951.00 $0.00 $12,951.00
Total $240,000.00 $148,530.00 $0.00 $388,530.00

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.