Two-Unit Duplex with Daylight
For Sale
$625,000
57 Wilson Drive, Westbrook, ME 04092
Two separate living areas include kitchens, bedrooms, full bathrooms, and outdoor space.
Property Size2,646 SF
Lot Size1.37 Acres
Price / SF$236.21
Days on Market51
Property Features for 57 Wilson Drive
General Information
Standard status
Active
Size
2,646 SF
Lot size
1.37 Acres
Property subtype
MULTI_FAMILY
Additional Details
Road Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,690
Building Details
Building Size
2,646 SF
Year Built
2010
Listing Agency:
Signature Homes Real Estate Group, LLC
Listed By:
Matthew Lamontagne Gena Lamontagne
(207) 749-0433
Source:
Heathershieldsmaine
Added: Aug 28
Changed: Oct 10
Last Checked: Oct 16 at 6:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Homes Real Estate Group, LLC
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Investment Insights
Based on property information with market context.
Built in 2010, this duplex contains 2,646 square feet across two distinct living areas. The main level includes an open kitchen, living room, dining area, primary suite, two additional bedrooms, a full bathroom, and first-floor laundry. A rear deck extends the living space outdoors and overlooks the backyard.
The daylight basement provides a separate living area with its own large kitchen, full bathroom, three bedrooms, and substantial living and dining areas. The property occupies approximately 1.37 acres at the end of a dead-end street in Westbrook, with access to nearby shopping, dining, amenities, and major roadways.
The daylight basement provides a separate living area with its own large kitchen, full bathroom, three bedrooms, and substantial living and dining areas. The property occupies approximately 1.37 acres at the end of a dead-end street in Westbrook, with access to nearby shopping, dining, amenities, and major roadways.
Key Highlights
- Duplex with two distinct living areas
- 2,646 square feet built in 2010
- Main level includes 3 bedrooms, full bathroom, kitchen, dining area, and first‑floor laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,759
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$935,180
$935.2K
Cap Rate 7%
$667,986
$668.0K
Cap Rate 9%
$519,544
$519.5K
Market Conditions
NOI Build-Up for 2,646 SF
Gross rent
$71.4K $27.00/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$66.8K $25.25/SF
− OpEx
−$20.0K −$7.57/SF
NOI
$46.8K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$935,180
Cap Rate 7%
$667,986
Cap Rate 9%
$519,544
Alternative Uses
Best Use
Multifamily LT 5
$668.0K
$584.5K – $779.3K
NOI $46,759 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$621.5K
$543.8K – $725.0K
NOI $43,502 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$727.3K
$636.4K – $848.5K
NOI $50,908 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 04092, ME
20,400
Population
9,404
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
1,186
Density / Sq Mi
$85,868
Median Household Income
$49,922
Median Earnings
$1,373
Median Rent
$341,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living areas include kitchens, bedrooms, full bathrooms, and outdoor space.
Where is this duplex located?
The property is located at 57 Wilson Drive Westbrook, ME.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Duplex with two distinct living areas; 2,646 square feet built in 2010; Main level includes 3 bedrooms, full bathroom, kitchen, dining area, and first‑floor laundry
