$579,000
$20K PRICE DROP

124 Brackett St Westbrook, ME 04092

Westbrook Area

Estimated payment $3,650/month

Total Views 2,508
-- Beds
2 Baths
2,292 Sq Ft
$253 Price per Sq Ft

Highlights

  • Country Club
  • Wood Flooring
  • Main Floor Bedroom
  • Property is near golf course, public transit, and shops
  • New Englander Architecture
  • No HOA

About This Home

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!

Listing Agent

Brandon Gallagher

Waypoint Brokers Collective Brokerage Email: brandon@waypointbrokers.com Listed on: 06/26/2026

Co-Listing Agent

Amanda Vigue

Waypoint Brokers Collective Brokerage Email: brandon@waypointbrokers.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,637

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Property fronts a freeway
  • Fenced
  • Open Lot

Home Design

  • 2,292 Sq Ft Home
  • Duplex
  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Asbestos

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near golf course, public transit, and shops
  • City Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Lot 289

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $17,541
  • Gross Income $59,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,637

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 2292.00
  • Architectural Style: New Englander, Other
  • Garage Yn: No
  • Structure Type: Duplex
  • Year Built: 1940
  • Attribution Contact: brandon@waypointbrokers.com
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Doghouse, Interior Entry, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Walk-In Closet(s)

Exterior Features

  • Fencing: Fenced
  • Lot Features: Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Open Lot, Sidewalks, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Frame, Asbestos, Shingle Siding
  • Foundation Details: Stone
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, 1 - 4 Spaces, 5 - 10 Spaces, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Oil, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.20
  • Zoning: 11

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 59400.00
  • Annual Operating Expense: 17541.00

Tax Info

  • Tax Annual Amount: 5637.00
  • Tax Lot: 289
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,867 $291,800 $79,300 $212,500
2022 $4,418 $244,100 $66,100 $178,000
2021 $4,352 $244,100 $66,100 $178,000
2020 $4,360 $244,100 $66,100 $178,000
2019 $4,360 $244,100 $66,100 $178,000
2018 $3,910 $196,000 $57,500 $138,500
2017 $3,081 $163,200 $57,500 $105,700
2016 $3,003 $163,200 $57,500 $105,700
2015 $2,944 $163,900 $57,500 $106,400
2014 $2,819 $163,900 $57,500 $106,400
2013 $2,819 $163,900 $57,500 $106,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2026 08/25/26 Price Changed $579,000 -3.3% $253 / Sq Ft
06/26/2026 06/26/26 For Sale $599,000 +16.3% $261 / Sq Ft
09/30/2022 09/30/22 Sold $515,000 +7.5% $249 / Sq Ft View Prior Sale
08/26/2022 08/26/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $479,000 +356.2% $231 / Sq Ft
09/30/2015 09/30/15 Sold $105,000 -19.2% $51 / Sq Ft View Prior Sale
12/09/2014 12/09/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $130,000 -- $63 / Sq Ft
Source: Maine Listings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $515,000 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $18,532 Unknown
Closed $22,213 FHA
Open $503,433 FHA
Previous Owner $287,500 Purchase Money Mortgage
Previous Owner $295,548 FHA
Previous Owner $204,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $20,900 Unknown
Previous Owner $186,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1669075

Maine Listings

APN: WSBR-000028-000000-000289

Maine Cumberland County Westbrook 04092

124 Brackett St, Westbrook, ME

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Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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