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  • $420,000

    107 State Street, Brewer, ME 04412

    7beds
    2,937sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $444,400 Zestimate®
    $143/sqft
    $1,678 Estimated rent

    Owner options

    List your home for rent

    $1,678/mo

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    $1,678/mo

    Rent Zestimate®

    Refinance and save

    $2,525/mo

    Est. payment

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    $2,525/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: January 16, 2025 at 07:06pm

    Listed by:

    Keller Williams Realty

    Bought with:

    ERA Dawson-Bradford Co.

    Source: Maine Listings,MLS#: 1578082MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • 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 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
    • Architectural style: Other
    • 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
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Brewer

    Other

    Other facts
    • Road surface type: Paved
    Services availability