18 Cole Street, Westbrook, ME 04092

$599,000
Property Type: Multi-Family Baths: 3 Square Footage: 1,548 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $599,000 List Date: 8/20/2025 Last Modified: 10/03/2025

Description

Coming to the Westbrook market is this beautifully maintained 3-Unit. With strong tenants in place and one unit that has been vacated for the sale, this building is turn key and ready for its next owner! Boasting 2 two bedroom units and a renovated studio this is perfect for investment or an owner occupied buyer. Professional management in place. The vacant unit can remain empty or management can fill it, the buyer will have the option. Coin operated laundry and plenty of off street parking are two extra benefits of this one! Come take a look!

Supplements: ********

More Information MLS# 1634969

Location Information

Book: 36222 Leased Land: No Page: 227 Map: 032 Lot: 194 Zoning Overlay: No Association: No Tree Growth Y/N: No Street #: 18 Street Name: Cole Street Type: Street County: Cumberland Town: Westbrook State/Province: ME Zip Code: 04092 Zip +4: 3060 Zoning: R1 Full Tax Amount $: 4352 Tax Year: 2025 Geo Lat: 43.680911 Geo Lon: -70.364373

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Number of Units: 3 Deed/Conveyance Type Offered: Warranty Deed: All Lot Size Acres +/-: 0.08 Total Baths: 3 Total Half Baths: 0 SqFt Finished Above Grade: 1548 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 3 Year Built: 1920 SqFt Finished Total: 1548 Source of Acreage: Public Records

Site

Open: 1 Sidewalks: 1 Well Landscaped: 1

Location

Intown: 1 Near Shopping: 1 Near Town: 1 Neighborhood: 1

Roads

Public: 1

Transportation

Public Transport Access: 1

Water Info

Water Frontage: No Water View: No

Style

New Englander: 1 Other: 1

Construction

Wood Frame: 1

Levels

Multi-Level: 1

Basement

Full: 1 Unfinished: 1 Walk-Out Access: 1

Foundation Materials

Brick/Mortar: 1

Exterior

Wood Siding: 1

Roof

Shingle: 1

Heat System

Direct Vent Heater: 1

Heat Fuel

Gas Natural: 1 Oil: 1

Income & Expenses

Gross Income: 56400 Operating Expenses: 5640

Cooling

None: 1

Floors

Carpet: 1 Laminate: 1 Wood: 1

Units

# of 1 BD Units: 1 # of 2 BD Units: 2

Parking

1 - 4 Spaces: 1 Off Street: 1 On Site: 1 Paved: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1500 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: No Level: Basement Security Deposit: No Monthly Rent: 1400 # Full Baths: 1 # of Rooms: 1 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Paved: 1

Basement Entry

Interior: 1

Water Heater

Gas: 1

Amenities

Attic: 1 Laundry - Coin: 1 Storage: 1

Equipment

Cable: 1 Internet Access Available: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 699000 List Price: $599,000 Current Price: $599,000

Property Features

Site: Open; Sidewalks; Well Landscaped Location: Intown; Near Shopping; Near Town; Neighborhood Roads: Public Transportation: Public Transport Access Style: New Englander; Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished; Walk-Out Access Basement Entry: Interior Foundation Materials: Brick/Mortar Exterior: Wood Siding Roof: Shingle Heat System: Direct Vent Heater Heat Fuel: Gas Natural; Oil Water Heater: Gas Cooling: None Floors: Carpet; Laminate; Wood Amenities: Attic; Laundry - Coin; Storage Equipment: Cable; Internet Access Available Driveway: Paved Parking: 1 - 4 Spaces; Off Street; On Site; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Keller Williams Realty
IDX
Last Updated: October - 03 - 2025
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