311 Main St - Multi-Family FOR SALE


Westbrook, ME 04092- Cumberland Mills
$625,000 USD
207-272-6393
311 Main St, Westbrook, ME for Sale
$625,000 USD
Multi-Family - FOR SALE
1/10
null | Request Cap Rate

311 Main St
Westbrook, ME 04092
Cumberland Mills


OVERVIEW

2,652± SF 3-unit multifamily property available for sale in the heart of Westbrook, ME, ideally located about 1 mile from I-95 and just minutes from Portland, ME. Rare owner-occupied opportunity to live in 1 unit while generating supplemental rental income from 2 additional units and building long-term equity. Below-market rents offering future upside while offsetting ownership costs. Positioned on a corner lot at Main and Tolman Streets with on-site parking and a detached garage.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

3

PRICE/UNIT

$208,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RGA-1

APN/PARCEL ID

WSBR-000041-000000-000011

ASK ABOUT THIS PROPERTY

Abigail WoodmanColliersMore Info
207-272-6393

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

Abigail WoodmanColliersMore Info
207-272-6393

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