$700,000
SOLD SEP 24, 2024

748 Main St Westbrook, ME 04092

-- Bed
4 Baths
4,092 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating
  • Victorian Architecture
  • Property is near shops
  • Level Lot

About This Home

As of September 2024

Nice 4 unit apartment building that would be perfect for an investor or owner-occupy located on Westbrook's bustling Main Street where there is a lot of future development going on giving this building a lot of upside for building equity! This multi unit offers (2) large 2 bedrooms & (2) large 1 bedrooms w/ parking + under market rents.

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate

Last Buyer's Agent

Thomas Gadbois

F.O. Bailey Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 4,092 Sq Ft Home
  • Victorian Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number WSBR-000033-000000-000103

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $17,437
  • Gross Income $49,275

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,218

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Directions: GPS
  • Above Grade Finished Sq Ft: 4092.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4092.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 49275.0
  • Income Expenses Operating Expenses: 17437.0
  • Gas:Natural - At Street: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Shopping Mall
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: WSBR-000033-000000-000103
  • Zoning: CC

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 49275.0
  • Annual Operating Expense: 17437.0

Tax Info

  • Tax Annual Amount: 5218.0
  • Tax Block: 0
  • Tax Book Number: 24277
  • Tax Lot: 103
  • Tax Map Number: 033
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $700,000 -3.4% $171 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $725,000 -- $177 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1601640

Maine Listings

Maine Cumberland County Westbrook 04092

748 Main St, Westbrook, ME

Homes for Sale in Westbrook, ME

This home is located at 748 Main St, Westbrook, ME 04092 and is currently priced at $700,000, approximately $171 per square foot. This property was built in 1900. 748 Main St is a home located in Cumberland County with nearby schools including Westbrook High School, The Little Dolphin School Foundation, and Breakwater School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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