Seller's Agent in 2025
Kathy Gallant
Gallant Real Estate
(207) 841-7569
54 in this area
229 Total Sales
16 Garrison St Brunswick, ME 04011
--
Bed
2
Baths
1,794
Sq Ft
9,148
Sq Ft Lot
Highlights
- Nearby Water Access
- Public Beach
- Property is near public transit
- Brunswick Jr High School Rated A-
- Deck
- Wood Flooring
About This Home
As of February 2025The 2-unit property at 16 Garrison Street is a great opportunity for either owner-occupants or investors. Here are some key highlights and potential benefits:
1.Location: The proximity to Bowdoin College and downtown Brunswick enhances its appeal for student or faculty housing, as well as for buyers who value a short commute to local amenities.
2.Separate Utilities: With each unit having its own heating, hot water, and electrical systems, the setup allows tenants or owners to be responsible for their own utility costs, reducing overhead for property owners.
3.Storage & Laundry: The basement storage space and two washer/dryer hookups make it appealing and convenient for tenants and adds value to the units.
4.Outdoor Space: Both units having back decks overlooking a fenced yard provides appealing outdoor space, a desirable feature for owners and/or tenants.
5.Parking: With off-street parking available as well as an additional garage bay, tenants have ample space for parking—an attractive feature in a location close to downtown.
6.Investment Potential: The option to increase rents to fair market value after cosmetic updates could improve cash flow. Month-to-month leases give flexibility for any renovations or new tenant arrangements.
Overall, the property could be an ideal choice for someone looking to invest in a college-town rental or secure affordable housing close to all that downtown Brunswick has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,622
Year Built
- Built in 1920
Lot Details
- 9,148 Sq Ft Lot
- Public Beach
- Fenced
- Open Lot
Parking
- 1 Car Detached Garage
- Common or Shared Parking
- Shared Driveway
- Off-Street Parking
Home Design
- 1,794 Sq Ft Home
- Duplex
- New Englander Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Nearby Water Access
- Deck
- Porch
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
- Cable TV Available
Additional Features
- Washer and Dryer Hookup
- Property is near public transit
Listing and Financial Details
- Tax Lot 090
- Assessor Parcel Number BRUN-000002-000000-000090U
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $5,673
- Gross Income $13,527
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2024
Closed on
Feb 27, 2025
Sold by
Blake Carol A and Blake Leo M
Bought by
Masudi Mike B
Seller's Agent
Kathy Gallant
Gallant Real Estate
Buyer's Agent
Sarah Msuya
Dream Home Realty LLC
List Price
$425,000
Sold Price
$411,000
Premium/Discount to List
-$14,000
-3.29%
Views
282
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,081
Avg. Annual Appreciation
2.22%
Original Mortgage
$390,450
Outstanding Balance
$390,132
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$25,674
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $411,000 | None Available | |
| Warranty Deed | $411,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $390,450 | Purchase Money Mortgage | |
| Closed | $390,450 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Sold | $411,000 | -3.3% | $229 / Sq Ft |
| 01/24/2025 01/24/25 | Pending | -- | -- | -- |
| 10/31/2024 10/31/24 | For Sale | $425,000 | -- | $237 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $3,709 | $155,500 | $37,400 | $118,100 |
| 2023 | $3,622 | $155,500 | $37,400 | $118,100 |
| 2022 | $3,373 | $155,500 | $37,400 | $118,100 |
| 2021 | $3,244 | $155,500 | $37,400 | $118,100 |
| 2020 | $3,168 | $155,500 | $37,400 | $118,100 |
| 2019 | $3,066 | $155,500 | $37,400 | $118,100 |
| 2018 | $2,942 | $155,500 | $37,400 | $118,100 |
| 2017 | $2,857 | $155,500 | $37,400 | $118,100 |
| 2016 | $2,712 | $92,400 | $12,000 | $80,400 |
| 2015 | $2,620 | $92,400 | $12,000 | $80,400 |
| 2014 | $2,532 | $92,400 | $12,000 | $80,400 |
| 2013 | $2,452 | $92,400 | $12,000 | $80,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Gallant
-
Joseph Haggerty
J
Seller Co-Listing Agent in 2025
Joseph Haggerty
Gallant Real Estate
(207) 844-9423
24 in this area
89 Total Sales
-
Sarah Msuya
Buyer's Agent in 2025
Sarah Msuya
Dream Home Realty LLC
(207) 887-9543
4 in this area
113 Total Sales
Map
Source: Maine Listings
MLS Number: 1608369
APN: BRUN-000002-000000-000090U
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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