For Sale
$300,000

41 Arlington AveWestbrook, ME 04092

Approved 3-unit residential site

Overview

Added:
Dec 11, 2024
Days on market:
113
This 0.41-acre lot in Westbrook, Maine, presents a fully approved development opportunity for three standalone single-family rental units. Located at 41 Arlington Avenue, this property boasts a prime location within walking distance of downtown Westbrook's amenities, including restaurants, shops, and cultural attractions. The site includes an existing two-story building with an overdeveloped garage featuring a lift, offering potential for repurposing or expansion. All necessary city approvals are in place, making this a shovel-ready project poised to capitalize on the strong demand for housing in this rapidly growing city. Convenient access to I-95 and public transportation further enhances its appeal. The permitted zoning is 11. The asking price is $300,000. This value-add investment presents a unique chance to contribute to Westbrook's housing market and build a lucrative rental portfolio. Utilities are available. The property is conveniently located near downtown and midtown areas, offering residents easy access to a variety of services and attractions. This is a rare opportunity to acquire a fully approved development site in a thriving Maine community.

Highlights

  • Westbrook, ME development site near Portland.
  • Desirable, rapidly growing Westbrook location.
  • High housing demand.
  • Approved for three single-family rental homes.
  • Easy access to I-95 and greater Portland.
  • Major freeway accessibility.

Property Details for 41 Arlington Ave

Property type
Specialty properties, Land
Buildings
1
Stories
2
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Westbrook
County
Cumberland
State
Maine
Latitude
43.673478305314
Longitude
-70.379000868535
41 Arlington Ave, Westbrook, Maine

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41 Arlington Ave
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