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107 State Street, Brewer, ME, 04412 | $415,000
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!
Features
- Amenities: Bathtub
- Baths: 4 full
- Units: 4
- Laundry: Washer Hookup
- Style: Multi-Level
- Year Built: 1900
- Heating: Heat Pump
- Cooling: Heat Pump
- Basement: Bulkhead, Brick/Mortar, Full, Exterior Entry, Exterior Only, Unfinished
- Approx Sq. Feet: 2,937
- Acreage: 0.2
- Est. Taxes: $5,936
- Lot Desc: Level, Intown, Near Shopping, Neighborhood
- Pet Policy: No Restrictions
- MLS#: 1578082
- Website: https://www.raveis.com
/prop/1578082/107statestreet_brewer_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of Keller Williams Realty
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