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    20 Elmwood Ave Westbrook, ME 04092

    For Sale
    $595,000

    MULTI_FAMILY - Other - Westbrook, ME

    Property size:
    2,711 SF
    Lot size:
    0.14 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 20 Elmwood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    13
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2, Basement
    Parking features
    Off Street
    Patio and Porch features
    Deck
    Pets allowed
    No
    Interior features
    In-Law Apartment, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Pantry, Shower, Storage, Primary Bedroom w/Bath
    Basement
    Full, Walk-Out Access, Sump Pump, Unfinished
    Size
    2,711 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Private Sewer, Septic Tank
    Heating system
    Baseboard, Space Heater, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Wood, Carpet, Tile
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Beacon Realty (207) 776-1083 [email protected]

    Listing agent Laura Burden (207) 776-1083

    Listing date Oct 10, 2025

    MLS# 1629506 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Westbrook Triplex with Rental Income

    This three-story, three-unit property is located in the Prides Corner area of Westbrook. The building is fully rented and offers ample parking with two driveways. Lot maintenance is minimal. The property features separate electrical meters, as well as propane and oil tanks. The unit mix includes two one-bedroom units and one spacious three-bedroom unit. The building's history as a Masonic Hall is evidenced by the high ceilings and open living area of the three-bedroom unit. Two units have private decks, including one new deck planned for 2025. A bonus area in the rear can be used as storage, studio, guest, or office space, but not as a fourth unit. The property has public water and a private sewer system. The roof was replaced in 2024. The building has vinyl siding, which is in good condition. The lot size is 0.14 acres and the property size is 2711 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Cumberland
    State
    Maine
    Longitude
    -70.335097
    Latitude
    43.715787

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in Westbrook, fully rented with ample parking.
    Where is this triplex located?
    The property is located at 20 Elmwood Ave Westbrook, ME.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Fully rented 3-unit property in desirable Prides Corner location.; - New roof (2024) and **new deck (2025) indicate recent significant improvements.**; - Ample parking with two driveways and minimal lot maintenance.
    (207) 776-1083
    Request Owner's contact information
    20 Elmwood Ave Westbrook, ME 04092
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    Westbrook, ME 04092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 Elmwood Ave Westbrook, ME 04092
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