17 Mechanic St - Apartments FOR SALE


Westbrook, ME 04092
$895,000 USD
207-773-7100
17 Mechanic St, Westbrook, ME for Sale
$895,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

17 Mechanic St
Westbrook, ME 04092


HIGHLIGHTS

  • Great walkable location downtown
  • 7.4% cap rate on in place cash flow
  • Off street parking with additional free parking in city garage

OVERVIEW

We are pleased to offer 17 Mechanic Street for sale. This multi-family property is situated in the heart of downtown Westbrook. This asset offers a compelling investment opportunity, featuring a strong cash flow history, off-street parking, and an exceptionally walkable location steps away from local shops, restaurants, and public amenities.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$146 USD /SF

# OF UNITS

5

PRICE/UNIT

$179,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

16

APN/PARCEL ID

WSBR-000032-000000-000036

ASK ABOUT THIS PROPERTY

Sylas HatchThe Dunham GroupMore Info
207-773-7100

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Sylas HatchThe Dunham GroupMore Info
207-773-7100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.