About This Home

This 0-bedroom, 6-bathroom residential multi family at 8 Spring Street in Westbrook, ME is listed for $1,150,000 ($280 per sqft). Built in 1900, the home offers 4,102 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1900
  • 0.18 acre lot
  • 3 stories

Property Details

3 stories
6 full
1900
Listing Description

A rare opportunity to acquire a well-maintained, fully occupied six-unit investment property in the heart of downtown Westbrook. Set across three levels, the building includes two two-bedroom units and four one-bedroom units, offering a straightforward layout, strong existing income, and the type of multifamily asset that is increasingly difficult to find in this active market.

The property features dedicated off-street parking, a two-car detached garage, double-pane windows, coin-operated laundry, and tenant storage. With its solid condition, established occupancy, and convenient downtown location, this property presents an excellent addition to an investor's portfolio.

Monthly Cost Estimate

$6,150/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335

Estimates only. Actual payments may vary.

Location

8 Spring Street

Westbrook, ME 04092

Features & Amenities

Interior Features

BathtubShowerStorage

Property Details

Flooring

VinylWood

Construction

Wood Frame Vinyl Siding

Parking

AssignedOff Street

Heating

SteamOther (Heating)Natural Gas

Questions & Answers

This 0-bedroom, 6-bathroom residential multi family at 8 Spring Street is listed at $1,150,000 ($280/sqft). The estimated monthly payment is $6,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.18 acre lot, 3 stories. Interior Features: Bathtub, Shower, Storage.

This property is listed by Kirk Butterfield and can be reached at 2072054007.

KB

Kirk Butterfield

Agent at Keller Williams Realty

(207) 205-4007

Listed by Keller Williams Realty · Broker phone: (207) 879-9800 · View on Broker Site

MLS# 1675209· Source: Maine Listings· 43 days on PropertySimple

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8 Spring Street, Westbrook, ME 04092

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