About This Home

This 0-bedroom, 2-bathroom residential multi family at 124 Brackett Street in Westbrook, ME is listed for $579,000 ($253 per sqft). Built in 1940, the home offers 2,292 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1940
  • 0.12 acre lot

Property Details

2 full
1940

Amenities

A/C
Listing Description

Exceptional investment opportunity in the heart of Westbrook! This fully leased two-family property offers immediate cash flow with two spacious 3-bedroom, 1-bathroom apartments. Each unit features high ceilings, abundant natural light, generous living spaces, and oversized galley kitchens with room for a formal dining area or home office.

Currently generating $5,200 per month in rental income, this property presents strong income potential for both seasoned and first-time investors. Additional highlights include ample off-street parking, shared laundry in the basement, and a convenient location close to shopping, dining, schools, and major commuter routes. Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this is an opportunity you won't want to miss!

Monthly Cost Estimate

$3,097/mo

20% down · 6.5% · 30 years

Principal$419
Interest$2,509
Insurance$169

Estimates only. Actual payments may vary.

Location

124 Brackett Street

Westbrook, ME 04092

Features & Amenities

Interior Features

Walk-in Closets1st Floor BedroomBathtubShower

Property Details

Flooring

VinylTileWoodLaminate

Construction

Wood Frame Asbestos Shingle Siding

Outdoor Features

Porch

Parking

Off Street

Heating

OilForced Air

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 2-bathroom residential multi family at 124 Brackett Street is listed at $579,000 ($253/sqft). The estimated monthly payment is $3,097 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.12 acre lot. Interior Features: Walk-in Closets, 1st Floor Bedroom, Bathtub.

This property is listed by Brandon Gallagher and can be reached at 2079393170.

BG

Brandon Gallagher

Agent at Waypoint Brokers Collective

(207) 939-3170
Agent website

Listed by Waypoint Brokers Collective · Broker phone: (207) 804-2012 · View on Broker Site · Broker website

MLS# 1669075· Source: Maine Listings· 97 days on PropertySimple

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124 Brackett Street, Westbrook, ME 04092

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