Price Reduced 2.35%

$415,000

Pending

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Price History

$425,000
11/29/2023

$415,000
4/30/2024

107 State Street, Brewer, ME, 04412

107 State Street, Brewer, ME, 04412
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4 Full baths

1900

Multi-Level

2,937 sqft

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!

Status:

Pending

Type:

Multi-family

Laundry Remarks:

Washer Hookup

Units:

4

Zoning:

HDR

Heating:

Heat Pump

Cooling:

Heat Pump

Basement:

Bulkhead, Brick/Mortar, Full, Exterior Entry, Exterior Only, Unfinished

Levels:

2

Parking:

5 - 10 Spaces, Gravel, Off Street

Acreage:

0.2

Est. Taxes:

$5,936

Construction

Wood Siding, Vinyl Siding, Aluminum Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Level, Intown, Near Shopping, Neighborhood

Amenities:

Bathtub

Pet Policy:

No Restrictions

MLS #:

1578082

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Keller Williams Realty