NOT LISTED FOR SALE

17 Elm St Brewer, ME 04412

-- Bed
4 Baths
-- Sq Ft
0.25 Acres

Last Sold December 20, 2018

Last sale price $220,000

6 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Baseboard Heating
  • Property is near public transit
  • Shed
  • Coin Laundry

About This Home

As of December 2018

Sick of all the fixer uppers? This 4 unit is in excellent shape with excellent long term tenants. each unit has 2 bedrooms. and the location is great. Obviously this is a wonderful opportunity for an investor but what if you just need a nice 2 bedroom place for yourself? Buy it, move in, the rent will more than pay the mortgage. You live for free and bank a some each month. It almost sounds to good to be true but it is not. One last point, the present rents are quite a bit below the going market rate and could easily be raised.

Last Agent to Sell the Property

Norm Prouty

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 11/08/2018

Berkshire Hathaway HomeServices Northeast Real Estate

Co-Listed By

Dennell Baker

Berkshire Hathaway HomeServices Northeast Real Estate

Last Buyer's Agent

Timothy Smith

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,128

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Shed
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 17Elm StreetBrewer2294

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,128

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Co List Office Phone: 207-942-8261
  • MLS Status: Closed
  • Directions: From the intersection of South Main Street and Elm Street, turn on Elm Street, property on the right before the railroad tracks
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 4.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Property Information:Bank Owned REO: No
  • Location:Near Railroad: Yes
  • Amenities:Laundry - Coin: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Sick of all the fixer uppers? This 4 unit is in excellent shape with excellent long term tenants. each unit has 2 bedrooms. and the location is great. Obviously this is a wonderful opportunity for an investor but what if you just need a nice 2 bedroom place for yourself? Buy it, move in, the rent will more than pay the mortgage. You live for free and bank a some each month. It almost sounds to good to be true but it is not. One last point, the present rents are quite a bit below the going market rate and could easily be raised.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 17Elm StreetBrewer2294
  • Zoning: MDR-2

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3128.0
  • Tax Lot: 94
  • Tax Year: 2018
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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
12/20/2018 12/20/18 Sold $220,000 -2.2% --
11/15/2018 11/15/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $225,000 -- --
Source: Maine Listings

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 $4,984 $265,100 $23,400 $241,700
2023 $4,838 $240,700 $21,800 $218,900
2021 $4,558 $204,400 $21,500 $182,900
2020 $3,758 $165,200 $21,500 $143,700
2019 $4,550 $197,900 $21,500 $176,400
2018 $3,059 $146,300 $21,500 $124,800
2017 $3,128 $139,000 $21,500 $117,500
2016 $2,991 $139,000 $21,500 $117,500
2015 $2,991 $139,000 $21,500 $117,500
2014 $2,908 $139,000 $21,500 $117,500
2013 $3,661 $175,000 $14,300 $160,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1376410

Maine Listings