Last Sold Price
2,480 sqft$232/sqft
61 Spring St, Westbrook, ME 04092

Description

Incredible investment opportunity in Westbrook! This rare and wonderful 2-unit property on a truly exceptional lot on Beaver Pond boasts two income-generating 3-bedroom/1-bath units, each with separate entrances, separate electric and heating, in-unit washing machines and a shared dryer in the basement. Plenty of parking and storage with an attached 2-car garage and additional basement and attic space. Bright and airy units with high ceilings and charming period details. There are tenants currently...Incredible investment opportunity in Westbrook! This rare and wonderful 2-unit property on a truly exceptional lot on Beaver Pond boasts two income-generating 3-bedroom/1-bath units, each with separate entrances, separate electric and heating, in-unit washing machines and a shared dryer in the basement. Plenty of parking and storage with an attached 2-car garage and additional basement and attic space. Bright and airy units with high ceilings and charming period details. There are tenants currently in the upper unit through November 2022 at $2,000 per month. The now-vacant lower unit rented for $2,100, prior to the new laminate flooring installed in the unit and 1st-floor hallway this year. Newer roof; easy-to-maintain lawn (has never needed mowing!) ; all exterior entrances; porches and decks freshly painted this spring. Freshly painted interior 2021, new motion-sensor safety lights installed outside and in the interior hallway and stairwell 2021. The flexibility of this property is so appealing; with the enchanting urban oasis that the pond and beautiful level yard allows, this could be a multi-generational home (as it was historically), an amenity laden investment as it is now, or a fabulous owner-occupied home that lets you enjoy the warmth and tranquility of nature while the tenants pay your mortgage! Not to mention the convenient location – walkable to downtown Westbrook, restaurants, shopping, parks, health care and public transportation. Minutes to the Mall, the turnpike and Portland. Group showings Saturday 6/11 and Sunday 6/12 from 12:00 noon to 3:00 p.m. Photos of 2nd floor unit were taken prior to tenant occupancy. Floor Plan & Matterport of 1st floor only, but 2nd unit is nearly identical in layout and dimension.
LISTING CLOSED: 09/23/2022 12:00 AM

  1. Listed by Jennifer Sweeney • Town & Shore Real Estate
    P: (207) 773-0262 inquiries@townandshore.com

Property Details for 61 Spring Street

Status
MLS #
1531396
Days on Market
8
Taxes
$5,436 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family
Year Built
1937
Lot Size
0.63 AC / 27,442 SF
Architectural Style
Other, New Englander
Style
New Englander, Other
Has Waterfront
Yes
Zoning
11

Recent comparable sales

Median sold price

$590,000

Avg days on market

29

Sale-to-list ratio

98.3%

[Westbrook, ME]

9 comparable properties found

$570,000 | 66 Church Street, Westbrook, ME 04092
1/46
1

$570,000

Sold 06/01/26

Unavailable
Bedrooms
2,564
Square Feet
0.23
Acres
$575,000 | 646 Main Street, Westbrook, ME 04092
1/64
2

$575,000

Sold 09/05/25

Unavailable
Bedrooms
2,300
Square Feet
0.18
Acres
$663,000 | 98 Mechanic Street, Westbrook, ME 04092
1/8
3

$663,000

Sold 10/18/24

Unavailable
Bedrooms
2,244
Square Feet
0.16
Acres
$590,000 | 107 Lamb Street, Westbrook, ME 04092
1/46
4

$590,000

Sold 06/01/26

Unavailable
Bedrooms
2,452
Square Feet
0.15
Acres
$605,000 | 87 Hammond Road, Westbrook, ME 04092
1/39
5

$605,000

Sold 10/31/25

Unavailable
Bedrooms
2,152
Square Feet
0.2
Acres
$675,000 | 136-138 Blue Spruce Farm Road, Westbrook, ME 04092
1/45
6

$675,000

Sold 08/22/25

Unavailable
Bedrooms
2,016
Square Feet
0.24
Acres
$587,000 | 91 North Street, Westbrook, ME 04092
1/51
7

$587,000

Sold 07/31/26

Unavailable
Bedrooms
1,988
Square Feet
0.11
Acres
$649,000 | 74 Haskell Street, Westbrook, ME 04092
1/74
8

$649,000

Sold 12/12/24

Unavailable
Bedrooms
2,570
Square Feet
0.23
Acres
$575,000 | 45 Emery Street, Westbrook, ME 04092
1/51
9

$575,000

Sold 12/04/25

Unavailable
Bedrooms
1,996
Square Feet
1.44
Acres

Location

Listing Courtesy of Town & Shore Real Estate

Sold By Bean Group

Add your commute

Building Information for 61 Spring Street

Stories-Residences2Year Built1937Building Size-Lot Size0.63 AC / 27,442 SF

Payment Calculator

$3,376 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,923

Property Taxes

$453

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 61 Spring Street

Summary
Location and General Information
  • Water View: Yes
  • Location: Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Page: 42-43 All
  • Zoning Overlay: No
  • Directions: William Clarke Drive, Rt. 25 to Spring Street. Property is on the Right, sign on property.
  • Latitude: 43.674297
  • Longitude: -$70.36
  • Island: No
  • Water Frontage Owned: 242.5
  • Waterfront Amount: $242.50
  • Waterfront Other Source: Previous Owner/Estimate
  • Water Body Type: Pond
  • Water Body Name: Beaver Pond
Taxes and HOA
  • Association: No
  • Parcel Number: WSBR-000029-000000-000111
  • Tax Lot: 111
  • Tax Book Number: 38664
  • Tax Map Number: 029
  • Tax Year: 2022
  • Tax Annual Amount: $5,436.37
Parking
  • Parking Features: Underground, Basement, 1 - 4 Spaces, Paved
  • Parking: 1 - 4 Spaces
  • Vehicle Storage: 2 Car, Underground, Basement
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Virtual Tour
Property
Lot Information
  • Lot Features: Open, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Lot Size Acres: 0.63
  • Lot Size Area: 0.63
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 27442.8
  • Lot Size Units: Acres
  • Roads: Public
  • SqFt Source: Public Records
  • Site: Level, Open, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 2480.0
  • Building Area Total: 2480.0
  • Property Type: Multi-Family
  • Construction: Wood Frame
  • Year Built: 1937
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Construction Materials: Aluminum Siding, Wood Frame
Financial Information
  • List Price/SqFt: $201.57
Utilities
  • Heat Fuel: Oil
  • Pole: Electric
  • Electric: Circuit Breakers
  • Gas: Natural - At Street
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric, Off Heating System, Tank
  • Utilities: Utilities On, Pole
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum Siding
  • Roof: Shingle
  • Driveway: Paved
Interior Features
  • Amenities: 1st Floor Bedroom, Bathtub, Laundry - 1st Floor, Laundry - 2nd Floor, One-Floor Living, Other Amenities
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Basement: Interior, Walk-Out Access, Full, Unfinished
  • Basement: Walk-Out Access, Full, Unfinished
  • Patio And Porch Features: Deck, Porch
  • Has Cooling: No
  • Heating: Radiator, Hot Water
  • Has Heating: Yes
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Other
Room Information
Laundry
  • Laundry Room Amenities: Laundry - 1st Floor, Upper Level, Main Level
Multi Family
Multi Family Information
  • # of 3 BD Units: 2
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $50,200.00
  • Operating Expense: $6,856.11
Rental
Rent Information
  • Land Lease: No

Property History for 61 Spring Street

DateEvent & SourcePriceAppreciation
Sep 23, 2022

Sold (Public Record)

Public Record #1498312095

$575,000
Sep 23, 2022

Sold

Maine Listings #1531396

$575,000
Jun 15, 2022

Pending

Maine Listings #1531396

DateEvent & SourcePrice
09/23/2022

Sold (Public Record)

Public Record #1498312095

$575,000
09/23/2022

Sold

Maine Listings #1531396

$575,000
06/15/2022

Pending

Maine Listings #1531396

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

Public Records for 61 Spring Street

Taxable ValueLand$94,400Additions$277,900Total$372,300
Tax Record2023$6,210 ($518 / month)
Home Facts
Baths2Total Finished SqFt2,480 SqFtAbove Grade Finished SqFt2,480 SqFtUnfinished Basement SqFt1,272 SqFtStories2Lot Size27,443 SqFtStyleDuplexYear Built1937Year Renovated1937Zoning11CountyCUMBERLANDAPNWSBR M:029 L:111

Schools near 61 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: 61 Spring Street, Westbrook, ME 04092
$575,000
2,480
27,442
2
1,698
21,780
$146,900
3
1,883
10,890
$137,000
4
2,983
32,234
$455,000
4
1,816
17,424
$380,000
5
2,344
16,988

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Town & Shore Real Estate

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.