NOT LISTED FOR SALE

748 Main St Westbrook, ME 04092

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

Sale Details

Date Sold: September 24, 2024

Last sale price $700,000 $171 Per Sq Ft

12 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating
  • Victorian Architecture
  • Property is near shops
  • 4-minute walk to Westbrook Together Days

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 Listed on: 08/26/2024

Last Buyer's Agent

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 08/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts a freeway
  • 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

Pet Policy

  • Pets Allowed

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

7,841 Sq Ft Lot

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
  • Contract Information:List PriceSqFt: 177.17
  • Property Information:Seasonal: 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
  • Advertising Remarks:Advertising Remarks: 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.
  • 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 Lot: 103
  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $5,218 $312,800 $63,000 $249,800
2022 $4,739 $261,800 $52,500 $209,300
2021 $4,668 $261,800 $52,500 $209,300
2020 $2,779 $261,800 $52,500 $209,300
2019 $2,687 $261,800 $52,500 $209,300
2018 $4,295 $215,300 $45,600 $169,700
2017 $4,065 $215,300 $45,600 $169,700
2016 $5,306 $215,300 $45,600 $169,700
2015 $3,867 $215,300 $45,600 $169,700
2014 $3,703 $215,300 $45,600 $169,700
2013 $3,703 $215,300 $45,600 $169,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1601640

Maine Listings
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