16 Spring St

1,948 Sq. Ft.
$258 / Sq. Ft.
1,948
Sq. Ft.
$258
per Sq. Ft.

Description

Antique Two Unit on .3 acre with the potential to be developed into a 7-unit Condominium Development. Also listed as Commercial MLS #1557578 because of development potential part way through the approval process. Currently rented month-to-month at under market rents, this property could be converted back to a single family, kept as a 2 unit and brought up to market rent, or turned into a larger development. Seller will assist buyer with condo development final approval if buyer is interested. The...Antique Two Unit on .3 acre with the potential to be developed into a 7-unit Condominium Development. Also listed as Commercial MLS #1557578 because of development potential part way through the approval process. Currently rented month-to-month at under market rents, this property could be converted back to a single family, kept as a 2 unit and brought up to market rent, or turned into a larger development. Seller will assist buyer with condo development final approval if buyer is interested. The first floor unit offers 2-3 bedrooms and a full bath and the 2nd floor has one bedroom, one bath. Washer Dryer in basement belong to tenants on first floor. Month to month tenants are in place, seller pays for water, sewer, oil, plowing and insurance. Tenants mow. Each unit has one garage bay in the 2-car garage. There will be group showing Friday May 5 from 4:30-6PM as offered in ShowingTime. By appointment only. Please use showingtime.
  1. Listed by Ann Cianchette • Keller Williams Realty • info@MaineDreamProperties.com

Property Details for 16 Spring Street

Waterfront
No
ArchitecturalStyle
Colonial
Garage Spaces
2.00
Garage
Yes
Zoning
Downtown District
LISTING UPDATED: 01/13/2025 10:15 PM

Property Details for 16 Spring Street

StatusClosed
MLS #1557586
Days on Market3
Taxes$4,254 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.30 AC / 13,068 SF
CountyCumberland County

Location

Listing Courtesy of Keller Williams Realty

Sold By Maine Real Estate Experts

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Building Information for 16 Spring Street

Stories2Residences2Year Built1900Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$2,801 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,447

Property Taxes

$355

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16 Spring Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 3902
  • Directions: On the Corner of Spring Street and William L. Clarke Dr.
  • Town: Westbrook
  • State/Province: ME
  • Zip Code: 04092
  • County: Cumberland
  • Geo Latitude: 43.675862
  • Geo Longitude: -70.36249
  • Tax Lot: 114
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Business District: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Paved, Off Street
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 18783
  • Tax Map Number: 033
  • Tax Year: 2022
  • Parcel Number: WSBR-000033-000000-000114
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,254.00
  • Restrictions:No Restrictions: Yes
School Information
  • School District: Westbrook Public Schools
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
  • Water Heater:On Demand: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1948.0
  • Lot Size Acres: 0.3
  • Source of Acreage: Public Records
  • Building Area Total: 1948.0
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Lot Size Square Feet: 13068.0
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 16
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: Partial
  • Property Information:Deed Restrictions: Unknown
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: white
  • Property Information:Source of Road Frontage: Survey
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:2 Car: Yes
  • Roof: Pitched, Shingle
Interior Features
  • Basement: Partial, Interior Entry, Unfinished
  • Flooring: Wood, Vinyl
  • Interior Features: 1st Floor Bedroom, Bathtub
  • Cooling: None
  • Heating: Space Heater, Hot Water
  • Foundation Details: Granite
  • Laundry Features: Washer Hookup
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $24,000.00
  • Operating Expenses: $10,584.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 2
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,200.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $800.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 16 Spring Street

DateEvent & SourcePriceAppreciation
May 19, 2023

Sold (Public Record)

Public Record #1511470688

$502,000
May 19, 2023

Sold

Maine Listings #1557586

$502,000
May 16, 2023

Pending

Maine Listings #1557586

May 4, 2023

Active Under Contract

Maine Listings #1557586

Apr 29, 2023

Listed (Active)

Maine Listings #1557586

$477,000
Jul 13, 2010

Expired

Maine Listings #959893

$268,000
Jan 13, 2010

Listed (Active)

Maine Listings #959893

$275,000
Dec 29, 2009

Expired

Maine Listings #944338

$275,000
Jul 31, 2009

Listed (Active)

Maine Listings #944338

$299,900
Jan 24, 2003

Sold

Maine Listings #596761

$162,900
Dec 13, 2002

Pending

Maine Listings #596761

Dec 13, 2002

Listed (Active)

Maine Listings #596761

$162,900
Dec 12, 2002

Active Under Contract

Maine Listings #596761

Dec 11, 2002

Listed (Active)

Maine Listings #596761

$162,900
Jan 14, 2000

Sold

Maine Listings #331489

$129,500
Dec 29, 1999

Active Under Contract

Maine Listings #331489

Dec 29, 1999

Listed (Active)

Maine Listings #331489

$129,500
DateEvent & SourcePrice
05/19/2023

Sold (Public Record)

Public Record #1511470688

$502,000
05/19/2023

Sold

Maine Listings #1557586

$502,000
05/16/2023

Pending

Maine Listings #1557586

05/04/2023

Active Under Contract

Maine Listings #1557586

04/29/2023

Listed (Active)

Maine Listings #1557586

$477,000
07/13/2010

Expired

Maine Listings #959893

$268,000
01/13/2010

Listed (Active)

Maine Listings #959893

$275,000
12/29/2009

Expired

Maine Listings #944338

$275,000
07/31/2009

Listed (Active)

Maine Listings #944338

$299,900
01/24/2003

Sold

Maine Listings #596761

$162,900
12/13/2002

Pending

Maine Listings #596761

12/13/2002

Listed (Active)

Maine Listings #596761

$162,900
12/12/2002

Active Under Contract

Maine Listings #596761

12/11/2002

Listed (Active)

Maine Listings #596761

$162,900
01/14/2000

Sold

Maine Listings #331489

$129,500
12/29/1999

Active Under Contract

Maine Listings #331489

12/29/1999

Listed (Active)

Maine Listings #331489

$129,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Spring Street

Taxable ValueLand$85,200Additions$220,300Total$305,500
Tax Record2023$5,096 ($425 / month)
Home Facts
Baths2Total Finished SqFt6,328 SqFtAbove Grade Finished SqFt6,328 SqFtUnfinished Basement SqFt720 SqFtStories2Lot Size13,068 SqFtStyleDuplexYear Built2024Zoning16CountyCUMBERLANDAPNWSBR M:033 L:114

Schools near 16 Spring Street

This home is within Westbrook Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Oxford-Cumberland Canal School
PublicPK to 4

Westbrook Middle School
Public5 to 8

Westbrook High School
Public9 to 12

Saccarappa School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.