Price Reduced 4.53%


Price History

$995,000
6/9/2025

$949,900
9/26/2025


19 Mason Street, Brunswick, ME, 04011

19 Mason Street, Brunswick, ME, 04011

2 Full baths

1900

Federal

4,924 sqft

This is a rare opportunity to invest in a prime mixed-use building in the heart of downtown Brunswick. Located in the highly sought-after GM6 District, this expansive property offers nearly 5,000 square feet of space and excellent visibility in a high-traffic area—ideal for residential, commercial, or combined use. Currently configured as 4 units, the building generates a projected gross annual rent of $90,000, resulting in a solid 8% CAP rate. Over the past four years, the property has undergone extensive renovations, including the installation of three new heating systems, the addition and renovation of multiple bathrooms, a full remodel of a two-bedroom, two-bath residential unit, and the installation of new windows. Additional upgrades include construction of a two-story staircase to provide a second egress, exterior painting, foundation repairs, and a storefront conversion. Three long-term tenants are currently in place, with 2 leases secured through 4/27 and 1 lease secured thru 9/28 offering immediate and stable rental income. This well-maintained and versatile building is a standout investment opportunity in a growing and vibrant downtown district. Cross Reference Commercial Listing : MLS 1562920


Status:

Active

Type:

Multi-family

Laundry Remarks:

Laundry - 1st Floor, Main Level

Units:

1

Zoning:

GM6

Heating:

Zoned, Hot Water, Heat Pump, Forced Air

Cooling:

Heat Pump

Basement:

Interior, Walk-Out Access, Daylight, Full, Exterior Only

Parking:

1 - 4 Spaces, Gravel, Off Site, On Site

Acreage:

0.19

Est. Taxes:

$8,672

Construction

Wood Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Sidewalks, Intown, Near Golf Course, Near Shopping, Near Railroad

MLS #:

1625919


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of EXP Realty