18 Cole St Westbrook, ME 04092
Estimated payment $3,825/month
Highlights
- Property is near public transit
- New Englander Architecture
- No HOA
- Wood Flooring
- Attic
- Landscaped
About This Home
Coming to the Westbrook market is this beautifully maintained 3-Unit. With strong tenants in place and one unit that has been vacated for the sale, this building is turn key and ready for its next owner! Boasting 2 two bedroom units and a renovated studio this is perfect for investment or an owner occupied buyer. Professional management in place. The vacant unit can remain empty or management can fill it, the buyer will have the option. Coin operated laundry and plenty of off street parking are two extra benefits of this one! Come take a look!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,352
Year Built
- Built in 1920
Lot Details
- 3,485 Sq Ft Lot
- Landscaped
- Open Lot
Home Design
- New Englander Architecture
- Brick Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 3 Full Bathrooms
- 1,548 Sq Ft Home
- Multi-Level Property
- Attic
Flooring
- Wood
- Carpet
- Laminate
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 194
- Assessor Parcel Number WSBR-000032-000000-000194
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Coin Laundry
- Community Storage Space
Building Details
- Operating Expense $5,640
- Gross Income $56,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $4,352 | $260,900 | $75,300 | $185,600 |
| 2022 | $3,957 | $218,600 | $62,700 | $155,900 |
| 2021 | $3,898 | $218,600 | $62,700 | $155,900 |
| 2020 | $3,904 | $218,600 | $62,700 | $155,900 |
| 2019 | $3,904 | $218,600 | $62,700 | $155,900 |
| 2018 | $3,415 | $175,900 | $54,500 | $121,400 |
| 2017 | $3,321 | $175,900 | $54,500 | $121,400 |
| 2016 | $3,237 | $175,900 | $54,500 | $121,400 |
| 2015 | $3,159 | $175,900 | $54,500 | $121,400 |
| 2014 | $3,025 | $175,900 | $54,500 | $121,400 |
| 2013 | $3,025 | $175,900 | $54,500 | $121,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $649,900 | -7.0% | $420 / Sq Ft |
| 08/20/2025 08/20/25 | For Sale | $699,000 | +119.5% | $452 / Sq Ft |
| 12/02/2019 12/02/19 | Sold | $318,500 | -6.2% | $206 / Sq Ft |
| 08/08/2019 08/08/19 | Pending | -- | -- | -- |
| 07/23/2019 07/23/19 | For Sale | $339,500 | -- | $219 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $312,729 | FHA | |
| Previous Owner | $189,664 | VA |
Source: Maine Listings
MLS Number: 1634969
APN: WSBR-000032-000000-000194
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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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