Last Sold Price
1,948 sqft$258/sqft
16 Spring St, Westbrook, ME 04092

Description

Antique Two Unit on .3 acre with the potential to be developed into a 7-unit Condominium Development. Also listed as Commercial MLS #1557578 because of development potential part way through the approval process. Currently rented month-to-month at under market rents, this property could be converted back to a single family, kept as a 2 unit and brought up to market rent, or turned into a larger development. Seller will assist buyer with condo development final approval if buyer is interested. The...Antique Two Unit on .3 acre with the potential to be developed into a 7-unit Condominium Development. Also listed as Commercial MLS #1557578 because of development potential part way through the approval process. Currently rented month-to-month at under market rents, this property could be converted back to a single family, kept as a 2 unit and brought up to market rent, or turned into a larger development. Seller will assist buyer with condo development final approval if buyer is interested. The first floor unit offers 2-3 bedrooms and a full bath and the 2nd floor has one bedroom, one bath. Washer Dryer in basement belong to tenants on first floor. Month to month tenants are in place, seller pays for water, sewer, oil, plowing and insurance. Tenants mow. Each unit has one garage bay in the 2-car garage. There will be group showing Friday May 5 from 4:30-6PM as offered in ShowingTime. By appointment only. Please use showingtime.
LISTING CLOSED: 05/19/2023 12:00 AM

  1. Listed by Ann Cianchette • Keller Williams Realty
    P: (207) 318-5318 C: (207) 318-5318 team@mainedreamproperties.com

Property Details for 16 Spring Street

Status
MLS #
1557586
Days on Market
3
Taxes
$4,254 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family
Year Built
1900
Lot Size
0.30 AC / 13,068 SF
Architectural Style
Colonial
Style
Colonial
Has Waterfront
No
Zoning
Downtown District

Recent comparable sales

Median sold price

$575,000

Avg days on market

31

Sale-to-list ratio

97.8%

[Westbrook, ME]

9 comparable properties found

$521,500 | 10 Maple Street, Westbrook, ME 04092
1/37
1

$521,500

Sold 01/31/25

Unavailable
Bedrooms
1,840
Square Feet
0.11
Acres
$452,000 | 184 Brown Street, Westbrook, ME 04092
1/37
2

$452,000

Sold 10/01/25

Unavailable
Bedrooms
1,750
Square Feet
0.17
Acres
$540,000 | 243 Bridge Street, Westbrook, ME 04092
1/61
3

$540,000

Sold 06/17/26

Unavailable
Bedrooms
1,819
Square Feet
0.19
Acres
$587,000 | 91 North Street, Westbrook, ME 04092
1/51
4

$587,000

Sold 07/31/26

Unavailable
Bedrooms
1,988
Square Feet
0.11
Acres
$575,000 | 45 Emery Street, Westbrook, ME 04092
1/51
5

$575,000

Sold 12/04/25

Unavailable
Bedrooms
1,996
Square Feet
1.44
Acres
$605,000 | 87 Hammond Road, Westbrook, ME 04092
1/39
6

$605,000

Sold 10/31/25

Unavailable
Bedrooms
2,152
Square Feet
0.2
Acres
$575,000 | 646 Main Street, Westbrook, ME 04092
1/64
7

$575,000

Sold 09/05/25

Unavailable
Bedrooms
2,300
Square Feet
0.18
Acres
$549,000 | 106 Haskell Street, Westbrook, ME 04092
1/40
8

$549,000

Sold 06/05/26

Unavailable
Bedrooms
1,519
Square Feet
0.11
Acres
$663,000 | 98 Mechanic Street, Westbrook, ME 04092
1/8
9

$663,000

Sold 10/18/24

Unavailable
Bedrooms
2,244
Square Feet
0.16
Acres

Location

Listing Courtesy of Keller Williams Realty

Sold By Maine Real Estate Experts

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Building Information for 16 Spring Street

Stories2Residences2Year Built1900Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$2,906 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,552

Property Taxes

$355

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16 Spring Street

Summary
Location and General Information
  • Water View: No
  • Location: Business District, Intown, Near Shopping
  • Page: 130
  • Zoning Overlay: Yes
  • Directions: On the Corner of Spring Street and William L. Clarke Dr.
  • Latitude: 43.675862
  • Longitude: -$70.36
  • Island: No
Taxes and HOA
  • Association: No
  • Parcel Number: WSBR-000033-000000-000114
  • Tax Lot: 114
  • Tax Book Number: 18783
  • Tax Map Number: 033
  • Tax Year: 2022
  • Tax Annual Amount: $4,254.00
Parking
  • Parking Features: 5 - 10 Spaces, Paved, Off Street
  • Parking: 5 - 10 Spaces, Paved, Off Street
  • Vehicle Storage: 2 Car, Attached
  • Has Attached Garage: Yes
  • Garage Spaces: 2.0
  • Has Garage: Yes
School Information
  • High School District: Westbrook Public Schools
Property
Lot Information
  • Lot Features: Open, Corner Lot, Level, Intown, Near Shopping
  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 13068.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: true
  • Road Frontage: 273.0
  • Source of Road Frontage: Survey
  • SqFt Source: Public Records
  • Site: Corner Lot, Level, Open
Property and Assessments
  • Above Grade Finished Area: 1948.0
  • Building Area Total: 1948.0
  • Property Type: Multi-Family
  • Deed: Partial
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: Yes
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Year Built: 1900
Building Features
  • Foundation Details: Granite
  • Foundation Materials: Granite
  • Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
  • Color: white
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $244.87
Utilities
  • Heat Fuel: Oil, Propane
  • # Heating Units: 2
  • # Water Heaters: 1
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System, On Demand
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding, Wood Siding
  • Roof: Pitched, Shingle
  • Driveway: Paved
Interior Features
  • Amenities: 1st Floor Bedroom, Bathtub, Laundry - Hookup
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Equipment: Cable
  • Laundry Features: Washer Hookup
  • Other Equipment: Cable
  • Basement: Interior, Partial, Unfinished
  • Basement: Partial, Unfinished
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Space Heater, Hot Water
  • Has Heating: Yes
  • Flooring: Wood, Vinyl
  • Interior Features: 1st Floor Bedroom, Bathtub
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup
Multi Family
Multi Family Information
  • # of 1 BD Units: 1
  • # of 3 BD Units: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $24,000.00
  • Operating Expense: $10,584.00
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions
Tenant Information
  • Occupant Type: No

Property History for 16 Spring Street

DateEvent & SourcePriceAppreciation
May 19, 2023

Sold (Public Record)

Public Record #1511470688

$502,000
May 19, 2023

Sold

Maine Listings #1557586

$502,000
May 16, 2023

Pending

Maine Listings #1557586

DateEvent & SourcePrice
05/19/2023

Sold (Public Record)

Public Record #1511470688

$502,000
05/19/2023

Sold

Maine Listings #1557586

$502,000
05/16/2023

Pending

Maine Listings #1557586

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Spring Street

Taxable ValueLand$85,200Additions$220,300Total$305,500
Tax Record2023$5,096 ($425 / month)
Home Facts
Baths2Total Finished SqFt6,328 SqFtAbove Grade Finished SqFt6,328 SqFtUnfinished Basement SqFt720 SqFtStories2Lot Size13,068 SqFtStyleDuplexYear Built2024Year Renovated2024Zoning16CountyCUMBERLANDAPNWSBR M:033 L:114

Schools near 16 Spring Street

This home is within Westbrook Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Oxford-Cumberland Canal School
PublicK to 4

Westbrook Middle School
Public5 to 8

Westbrook High School
Public9 to 12

Saccarappa School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16 Spring Street, Westbrook, ME 04092
$502,000
1,948
13,068
$380,000
2
1,004
$375,000
2
1,004
$385,000
2
1,004
$375,000
2
1,004
$380,000
2
1,004

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.