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$545,000
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Property Description
A wonderful investment opportunity! This large 3 unit overlooking the Presumpscot River is ready for its new owner! Situated in an ideal spot close to downtown Westbrook, this oversized .25 acre lot with 3 unit building has major potential. Units 1 and 2 are both 2 bedroom/1 bath units, and Unit 3 is a small 1 bedroom/1 bath. Units 1 and 3 have had recent renovations - both have new flooring, and unit 3 has a new kitchen. Unit 2 is dated but rentable, and could go a long way with a little sweat equity. There is laundry on site, a cool bonus space in the basement that can be used as a jam space/art studio/you name it, a large driveway that can fit up to 10 vehicles, an oversized backyard, and a bonus shed for storage. Recent updates include new exterior paint on the trim, and half of the roof reshingled in 2022! Energy efficient boiler is only 8-10 years old. Only 3 minutes to downtown Westbrook or 15 minutes to downtown Portland. An excellent opportunity for an owner occupant or investor. To view a full video walk through, head over to YouTube and search for the property address. Property needs 24 hours notice to view. Thanks for your interest!
Full Property Details
Full Property Details for 16 Mentor St
General
- Sold For: $545,000
- Taxes: $3,875 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1549814
- Added to Site: 1, 142 day(s) ago
Interior
- Flooring: Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Additional Information
- Amenities: Shed
Parking
- Parking Features: 5 - 10 Spaces, Off Street
- Garage Description: No Vehicle Storage
Location
- County: Cumberland
- Location Details: Interior Lot, In Town, Near Shopping, Near Town, Near Turnpike/Interstate
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Baseboard
- Heating Fuel: Electricity, Gas Natural
Utilities
- Gas: Natural - On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Multilevel, New Englander
- Construction: Wood Frame
- Exterior Const.: Asbestos
- Basement Desc.: Walkout Access
- Roof: Shingle
- Square Feet: 2,345
- Sq. Ft. Source: Public Records
- Finished Total: 2,345 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.25
- Street/Road Desc.: Public
- Driveway/Sidewalk: Paved
- Zoning: 11
- Lot Description: Well Landscaped
Water Features
- Water View: Yes
- Water Front Type: River
- Water Front Name: Presumpscot River
Financial Considerations
- Tax Amount: $3,875
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 20
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Schools
Schools serving 16 Mentor St
School District:Westbrook
| Name | Grades | Distance |
|---|---|---|
Westbrook High School 125 Stroudwater Street, Westbrook, ME 04092 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 Mentor St
Date
Details
Price
Change
Source
2/28/2023
Sold
$545,000
1.87%
MLS
12/15/2022
Listed
$535,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16 Mentor Street, Westbrook, ME 04092 (MLS# 1549814) is a Multi-Family property that was sold at $545,000 on February 28, 2023. Want to learn more about 16 Mentor Street? Do you have questions about finding other Multi-Family real estate for sale in Westbrook? You can browse all Westbrook real estate or contact a Coldwell Banker agent to request more information.

