Renovator’s Dream: City-Owned Tax Foreclosure with Potential for Transformation

Renovator’s Dream: City-Owned Tax Foreclosure with Potential for Transformation

This is a rare opportunity for seasoned renovators and investors looking for a project! Situated in Westbrook, this 2-3 bedroom, 2-bath Cape-style home offers ample potential but requires a complete renovation to restore it to its former glory. Featuring a sunken living room with a dramatic cathedral ceiling, the layout is full of possibilities once the updates are made.

Please note, this property is being sold AS IS and will require a cash sale or private funding. It is a tax foreclosure by the city, and the buyer will be responsible for all due diligence regarding Title 36 of the State of Maine related to municipal tax foreclosures. All systems on the property are turned off, and the home is in need of significant repairs. It is important that prospective buyers carefully research the property and plan for the extensive renovations required.

Included with the sale are all items currently inside the home, as well as a camper located in the driveway—nothing will be removed by the seller. This property offers a blank slate for those with the vision and resources to transform it into a beautiful home or investment opportunity.

Group showings will be available by appointment only, with scheduled times as follows:

  • Tuesday, January 28th from 1-3 PM
  • Wednesday, January 29th from 1-3 PM
  • Saturday, February 1st and Sunday, February 2nd from 10 AM to 12 PM
  • Monday, February 3rd from 1-3 PM

Please note that all offers are due by Wednesday, February 5th by 5 PM.

Due to the current condition of the property, do not trespass or go on the property unless you have an appointment for one of the scheduled group showings. This is a great chance for someone with a vision to turn this fixer-upper into something special, but it is not for the faint of heart. If you’re up for the challenge, this could be a fantastic investment!

From Zillow
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