Exceptional investment opportunity in the heart of Westbrook! This fully leased two-family property offers immediate cash flow with two spacious 3-bedroom, 1-bathroom apartments. Each unit features high ceilings, abundant natural light, generous living spaces, and oversized galley kitchens with room for a formal dining area or home office.
Currently generating $5,200 per month in rental income, this property presents strong income potential for both seasoned and first-time investors. Additional highlights include ample off-street parking, shared laundry in the basement, and a convenient location close to shopping, dining, schools, and major commuter routes.
Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this is an opportunity you won't want to miss!
Active
Price cut: $20K (8/25)
$579,000
124 Brackett Street, Westbrook, ME 04092
6beds
2,292sqft
Multi Family
Built in 1940
-- sqft lot
$570,100 Zestimate®
$253/sqft
$-- HOA
What's special
Abundant natural lightHigh ceilingsOversized galley kitchensGenerous living spacesAmple off-street parking
- 69 days
- 620
- 29
Zillow last checked:
Listing updated:
Listed by:
Waypoint Brokers Collective brandon@waypointbrokers.com
Source: Maine Listings,MLS#: 1669075
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- 1st Floor Bedroom, Bathtub, Shower, Walk-In Closet(s)
- Flooring: Laminate, Tile, Vinyl, Wood
- Basement: Doghouse,Interior Entry,Full,Unfinished
Interior area
- Total structure area: 2,292
- Total interior livable area: 2,292 sqft
- Finished area above ground: 2,292
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, 5 - 10 Spaces, Off Street
Features
- Patio & porch: Porch
Lot
- Size: 5,227 Square Feet
- Features: City Lot, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Open Lot, Sidewalks
Details
- Additional structures: Shed(s)
- Parcel number: WSBRM028L289
- Zoning: 11
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Asbestos, Shingle Siding
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Westbrook
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $291,800
- Annual tax amount: $5,637
- Date on market: 6/26/2026
- Road surface type: Paved
Estimated market value
$570,100
$542,000 - $599,000
$2,503/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $579,000-3.3%$253/sqft |
Source: | ||
| 6/26/2026 | Listed for sale | $599,000+5.1%$261/sqft |
Source: | ||
| 3/25/2026 | Listing removed | $570,000$249/sqft |
Source: | ||
| 1/8/2026 | Price change | $570,000-0.9%$249/sqft |
Source: | ||
| 10/29/2025 | Price change | $575,000-0.9%$251/sqft |
Source: | ||
| 10/2/2025 | Price change | $580,000-1.5%$253/sqft |
Source: | ||
| 8/27/2025 | Price change | $589,000-1%$257/sqft |
Source: | ||
| 7/25/2025 | Price change | $595,000-1.7%$260/sqft |
Source: | ||
| 5/29/2025 | Price change | $605,000-1.6%$264/sqft |
Source: | ||
| 5/1/2025 | Listed for sale | $615,000+19.4%$268/sqft |
Source: | ||
| 9/30/2022 | Sold | $515,000+7.5%$225/sqft |
Source: | ||
| 9/1/2022 | Pending sale | $479,000$209/sqft |
Source: | ||
| 6/24/2022 | Listed for sale | $479,000+356.2%$209/sqft |
Source: | ||
| 9/30/2015 | Sold | $105,000$46/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,867 | $291,800 |
| 2023 | $4,867 +10.2% | $291,800 +19.5% |
| 2022 | $4,418 +1.5% | $244,100 |
| 2020 | $4,352 -0.2% | $244,100 |
| 2019 | $4,360 +11.5% | $244,100 +24.5% |
| 2018 | $3,910 +26.9% | $196,000 +20.1% |
| 2017 | $3,081 +2.6% | $163,200 |
| 2016 | $3,003 +2% | $163,200 -0.4% |
| 2015 | $2,944 +4.4% | $163,900 |
| 2014 | $2,819 | $163,900 |
| 2013 | $2,819 -1.2% | $163,900 |
| 2012 | $2,852 | $163,900 |
| 2011 | $2,852 +4.2% | $163,900 |
| 2009 | $2,737 -2.3% | $163,900 -9.7% |
| 2008 | $2,801 +14.8% | $181,500 +77.6% |
| 2006 | $2,440 | $102,200 |
Find assessor info on the county website
Monthly payment
Est. payment







