Charming Multi-Family Home in Westbrook Step into history with this charming multi-family home, built in 1860, located in the heart of Westbrook. This 2,000 sq. ft. property offers a unique blend of historic charm and modern convenience, perfect for investors or those seeking a spacious family home. Spacious rooms with plenty of natural light Original hardwood floors and historic details Functional layout with ample storage space Well-maintained yard with mature landscaping Convenient location close to schools, shopping, and dining Easy access to major highways and public transportation Neighborhood: Located in a desirable area of Westbrook, this property is within walking distance to Daisy Ingraham School and Westbrook High School. Enjoy the tranquility of a suburban setting while being just minutes away from the vibrant town center. Don't miss this opportunity to own a piece of Westbrook's history. adjacent property is also for sale MLS 24061320 Both properties can be sold together and feathered on the Photos
Welcome to 1286-1292 Westbrook, a fantastic multi-family investment opportunity in the heart of Westbrook! This well-maintained property offers excellent potential for both seasoned investors and first-time buyers looking to capitalize on rental income. Right on Boston Post Road this property is a rare find with its combination of location, condition, and income-generating, this property consists of 4 Separate Buildings and a total of 4 units, including a mix of 1-bedroom/3-bedroom configurations, ideal for attracting a variety of tenants. The property has been well cared for, and 2 Units has been recently updated to ensuring low maintenance costs for years to come. Income Potential: With a strong rental history and high demand for rental units in the area, this property presents a unique opportunity for generating consistent cash flow. Current rents total $ 60,000 annually, with room for potential increases. Solar System for extra income. This is a Prime Location Conveniently located near major highways, public transportation, shopping centers, and schools, this property offers tenants a desirable living experience with easy access to everything they need. Off-Street Parking: Ample off-street parking for tenants, a highly desirable feature in this area. This expansive lot provides space for potential future development as the zoning allow Multi use for bushiness and commercial use. Buyers to conduct their own diligence. Adjacent property is also for sale MLS 24063150
Nestled in the heart of Westbrook this 1809 two family colonial is ideal for those seeking a home with income opportunity or the investor looking for the ideal location. Situated in the commercial town center on the town green, residents enjoy the serene beauty of a quintessential New England setting, along with the convenience of shops, restaurants and community events. While many upgrades have already been made to the property including furnaces, hot water heaters, and oil tanks to mention a few, a new owner may want to make further enhancements to realize its true potential. This property is being sold "As Is" any inspections are for buyers information only. Suitable for cash or conventional financing only. No parking on the property, street parking only.
The median home value in Westbrook, CT is $554,000. This is higher than the county median home value of $369,500. The national median home value is $338,100. The average price of homes sold in Westbrook, CT is $554,000. Approximately 59.85% of Westbrook homes are owned, compared to 18.96% rented, while 21.19% are vacant. Westbrook real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Westbrook real estate agent to arrange a tour today!
Westbrook, Connecticut has a population of 6,800. Westbrook is less family-centric than the surrounding county with 17.24% of the households containing married families with children. The county average for households married with children is 27.85%.
The median household income in Westbrook, Connecticut is $64,695. The median household income for the surrounding county is $90,833 compared to the national median of $69,021. The median age of people living in Westbrook is 54.5 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 47.3 inches per year, with 26 inches of snow per year.