Price Reduced 4.53%
Price History
$995,000
6/9/2025
$949,900
9/26/2025
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
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Listing courtesy of EXP Realty