NOT LISTED FOR SALE

107 State St Brewer, ME 04412

Studio
4 Baths
2,937 Sq Ft
8,712 Sq Ft Lot

Last Sold June 21, 2024

Last sale price $420,000 $143 Per Sq Ft

158 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Level Lot
  • Bathtub
  • Shed
  • Wood Siding

About This Home

As of June 2024

Spacious and recently updated 2-bedroom apartment for rent in Brewer Maine for 1,300 a month. Located just 5 minutes from Northern Light Medical center and less then 5 minutes to the local Walmart, Lowes, and Hannaford!

This apartment comes with washer and drier hookup as well as a refrigerator/freezer combo and an oven. Located on the second floor, this apartment has two egresses. New heat pumps with A/C are also available to this unit. The building has access to a charming backyard and contains ample parking.

Rent includes water and Sewer, does not include electricity or heat. First month's rent and security deposit due at signing.

Last Agent to Sell the Property

Davian Akers

Keller Williams Realty Listed on: 03/13/2024

Keller Williams Realty

Co-Listed By

James Cash

Keller Williams Realty

Last Buyer's Agent

Augustine Ofili

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,936

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,937 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Shed
  • City Lot

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number BRER-000030-000000-000153

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $3,960
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,936

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2937.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 141.3
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2937.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 56400.0
  • Income Expenses Operating Expenses: 3960.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Exterior:Aluminum Siding: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Back on Market no fault of the property! 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!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Brick/Mortar, Full, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Aluminum Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: BRER-000030-000000-000153
  • Zoning: HDR

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 56400.0
  • Annual Operating Expense: 3960.0

Tax Info

  • Tax Annual Amount: 5936.0
  • Tax Lot: 153
  • Tax Year: 2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2024 10/08/24 Off Market $1,250 -- --
09/16/2024 09/16/24 Price Changed $1,250 -7.4% $2 / Sq Ft
09/01/2024 09/01/24 For Rent $1,350 0.0% --
06/21/2024 06/21/24 Sold $420,000 +1.2% $143 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $415,000 -2.4% $141 / Sq Ft
03/13/2024 03/13/24 For Sale $425,000 0.0% $145 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $425,000 +28.8% $145 / Sq Ft
04/27/2023 04/27/23 Sold $330,000 -26.7% $109 / Sq Ft View Prior Sale
11/16/2022 11/16/22 For Sale $450,000 +344.1% $149 / Sq Ft
06/14/2016 06/14/16 Sold $101,325 +5.5% $34 / Sq Ft View Prior Sale
04/26/2016 04/26/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $96,000 -- $32 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,163 $327,800 $36,200 $291,600
2023 $5,938 $295,400 $33,700 $261,700
2021 $4,685 $210,100 $33,300 $176,800
2020 $3,924 $172,500 $33,300 $139,200
2019 $3,989 $173,500 $33,300 $140,200
2018 $3,818 $169,700 $33,300 $136,400
2017 $3,818 $169,700 $33,300 $136,400
2016 $3,652 $169,700 $33,300 $136,400
2015 $3,652 $169,700 $33,300 $136,400
2014 $3,550 $169,700 $33,300 $136,400
2013 $3,615 $172,800 $17,600 $155,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1578082

Maine Listings