About this home
Exceptional investment opportunity in the heart of Westbrook! This fully leased two-family property offers immediate cash flow with two spacious 3-bedroom, 1-bathroom apartments. Each unit features high ceilings, abundant natural light, generous living spaces, and oversized galley kitchens with room for a formal dining area or home office. Currently generating $5,200 per month in rental income, this property presents strong income potential for both seasoned and first-time investors. Additional highlights include ample off-street parking, shared laundry in the basement, and a convenient location close to shopping, dining, schools, and major commuter routes. Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this is an opportunity you won't want to miss!
Listing last checked: Listing updated:
Listed by Listing Agent · Waypoint Brokers Collective · MLS #1669075
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Details at a glance
Interior3 property facts
- Heating
- Oil, Forced Air
- Cooling
- Window Unit(s)
- Flooring
- Laminate, Tile, Vinyl, Wood
Building5 property facts
- Style
- Duplex
- Year built
- 1940
- Garage
- 0
- Foundation
- Stone
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.12 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 11
Financial2 property facts
- Annual taxes
- $5,637
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $579,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,397 / monthAdjust
- Principal & interest
- $2,928
- Property tax
- $470
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,637. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 124 Brackett Street
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Request a tour of 124 Brackett Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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