Property profile

25 Rochester St Westbrook, ME 04092

OFF-MARKET
Mixed-use properties
Property ID
US42-0888595
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Property summary

AI-generated overview

This auction presents a remarkable opportunity to acquire a mixed-use property in Westbrook, Maine. The property, located at 25 Rochester St., comprises a charming circa 1825, high-posted cape style two-family home boasting approximately 2,338 square feet. Situated on a .23-acre lot with over 100 feet of street frontage, the property features ample paved parking and a storage shed. The main house is designed with an ell and addition, offering a total of eleven rooms. The first-floor unit includes three bedrooms (one downstairs, two upstairs), one bathroom, a kitchen/dining area, and a living room. The second-floor unit offers two bedrooms, two bathrooms, a kitchen, and a living/dining area. The property is being sold at a public auction on Tuesday, December 3, 2024, at 11:00 AM. A preview is scheduled for Monday, November 18th, from 1:00 PM to 2:00 PM (pending access). The property is sold subject to all outstanding municipal assessments, with conveyance by release deed. A $10,000 non-refundable deposit (cash or certified funds) is required to qualify for bidding. The balance is due within 30 days of the auction, plus a 5% auction fee payable at closing. Detailed property information is available upon request. Directions: From I-95 exit 47, follow the Westbrook Arterial for 1 mile to Forest St., turn right, then left onto Rochester St. The property is 0.5 miles on the left. Tax Map 40, Lot 173.

Property profile

Verified
Property type Mixed-use properties
UPID US42-0888595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

25 Rochester St Westbrook, ME 04092
Westbrook metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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