113 Mill Lane, Unit 1&2

Westbrook, ME 04092

$599,000
Price
4
Beds
2
Baths
1,153 Sq. Ft.
$520 / Sq. Ft.
1,153
Sq. Ft.
$520
per Sq. Ft.

Description

Prime investment opportunity! This remodeled duplex offers two immaculate units, each boasting two bedrooms and one full bathroom. Situated in Westbrook, mere minutes from downtown shopping and dining delights. With the ground work for future expansion completed this is a rare chance to own a turnkey investment property strategically positioned for both immediate cash flow and long -term growth. Don't miss this opportunity to elevate your real estate portfolio!Prime investment opportunity! This remodeled duplex offers two immaculate units, each boasting two bedrooms and one full bathroom. Situated in Westbrook, mere minutes from downtown shopping and dining delights. With the ground work for future expansion completed this is a rare chance to own a turnkey investment property strategically positioned for both immediate cash flow and long -term growth. Don't miss this opportunity to elevate your real estate portfolio!
  1. Listed by Payson Swan • Swan Real Estate LLC

Property Details for 113 Mill Lane, Unit 1&2

Waterfront
No
ArchitecturalStyle
New Englander
Garage Spaces
.00
Garage
No
Zoning
6

Location

Listing Courtesy of Swan Real Estate LLC
Add your commute
LISTING UPDATED: 04/19/2024 07:39 AM

Property Details for 113 Mill Lane, Unit 1&2

StatusActive
MLS #1585874
Days on Market28
Taxes$3,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.25 AC / 10,890 SF
CountyCumberland County

Location

Listing Courtesy of Swan Real Estate LLC
Add your commute

Building Information for 113 Mill Lane, Unit 1&2

Stories2Residences2Year Built1900Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$3,519 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 113 Mill Lane, Unit 1&2

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 2246
  • Directions: main st westbrook to mill lane
  • Town: Westbrook
  • State/Province: ME
  • Zip Code: 04092
  • County: Cumberland
  • Geo Latitude: 43.67807
  • Geo Longitude: -70.371936
  • Tax Lot: 91
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Neighborhood: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Gravel, Common, On Site
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 37173
  • Tax Map Number: 32
  • Tax Year: 2023
  • Parcel Number: 113milllanewestbrook04092
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,000.00
  • Restrictions:Pet: Yes
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1153.0
  • Lot Size Acres: 0.25
  • Source of Acreage: Public Records
  • Building Area Total: 1153.0
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 113
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Personal Rep
  • Property Information:Deed: All
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Common: Yes
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Deed Member Only, Property Disclosure Member Only
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Pole: yes
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Pitched, Shingle
Interior Features
  • Basement: Walk-Out Access, Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Flooring: Laminate, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub
  • Cooling: None
  • Heating: Hot Water, Baseboard
  • Foundation Details: Slab, Brick/Mortar
  • # Floors: 2
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $48,000.00
  • Operating Expenses: $2,000.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Stories: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,900.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $2,000.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 113 Mill Lane, Unit 1&2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 113 Mill Lane, Unit 1&2

This home is within Westbrook Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Saccarappa School
PublicPK to 4

Westbrook Middle School
Public5 to 8

Westbrook High School
Public9 to 12

Oxford-Cumberland Canal 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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113 Mill Lane, Unit 1&2 is a multi-family home for sale in Westbrook, ME 04092. This property was listed for sale on April 5, 2024 by Swan Real Estate LLC, it's currently listed at $599,000. This listing's school district is Westbrook Public Schools. Nearby schools include Saccarappa School, Westbrook Middle School and Westbrook High School. 113 Mill Lane, Unit 1&2 is a 4-bed, 2-bath, 1,153 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Swan Real Estate LLC

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.