Four-unit building offering a minimum 10% cap rate. One 1 br, Three 2br units. This well-maintained property boasts four units. Priced right to ensure steady cash flow for investors and owner-occupied. Nestled in a desirable location, tenants enjoy easy access to amenities, schools, and transportation, enhancing rental demand. The property's prime location also positions it for potential value appreciation, adding to its investment appeal. Whether you're a seasoned investor or new to real estate, this easy-to-maintain building has new heat pumps, two remodeled apartments, and a fresh exterior paint job. 107 State St presents an excellent opportunity to secure a high-performing asset without much needed work upon closing. Don't miss out on this chance to elevate your investment portfolio. Schedule a viewing today!
Closed
$420,000
107 State Street, Brewer, ME 04412
8beds
2,937sqft
Multi Family
Built in 1900
-- sqft lot
$441,600 Zestimate®
$143/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 16, 2025 at 07:08pm
Listed by:
Keller Williams Realty
Bought with:
ERA Dawson-Bradford Co.
Source: Maine Listings,MLS#: 1578082

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Laundry: Washer Hookup
Features
- Bathtub
- Flooring: Vinyl, Laminate, Carpet
- Basement: Bulkhead,Brick/Mortar,Full,Exterior Entry,Exterior Only,Unfinished
Interior area
- Total structure area: 2,937
- Total interior livable area: 2,937 sqft
- Finished area above ground: 2,937
- Finished area below ground: 0
Property
Parking
- Parking features: 5 - 10 Spaces, Gravel, Off Street
Features
- Levels: Multi/Split
Lot
- Size: 8,712 sqft
- Features: Level, City Lot, Near Shopping, Neighborhood
Details
- Additional structures: Shed(s)
- Zoning: HDR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Vinyl Siding, Aluminum Siding, Wood Frame
- Foundation: Brick/Mortar
- Roof: Metal
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Brewer
Other
Other facts
- Road surface type: Paved
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.