Seller's Agent in 2024
Lewis Morrison Nicole Drake
NextHome Experience
(207) 343-0143
41 in this area
395 Total Sales
188 Center St Brewer, ME 04412
1
Bed
4
Baths
2,800
Sq Ft
8,276
Sq Ft Lot
Highlights
- Colonial Architecture
- No HOA
- Baseboard Heating
- Deck
- Tile Flooring
About This Home
As of May 2024Explore the epitome of hassle-free investment with this fully renovated 4-unit property in Brewer, Maine. Centrally located near shopping, downtown, hospitals, and schools, this income-producing gem boasts modern amenities and updates, including plumbing, heating, electrical, windows, and insulation. A brand-new roof installed in 2021 ensures longevity, while the convenience of a newer coin-operated washer and dryer adds an extra revenue stream. Off-street parking on a quiet street enhances tenant appeal, and the property comes with an excellent rental history. With turnkey readiness and a prime location, this is an enticing opportunity for investors seeking a well-maintained and income-generating asset in the thriving Brewer community.
Last Agent to Sell the Property
NextHome Experience Listed on: 01/30/2024
Last Buyer's Agent
Kimberly McPheters
Better Homes & Gardens Real Estate/The Masiello Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,291
Year Built
- Built in 1900
Lot Details
- 8,276
Home Design
- Colonial Architecture
- Shingle Roof
- Composition Roof
Interior Spaces
- 4 Full Bathrooms
- 2,800 Sq Ft Home
- Exterior Basement Entry
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Doors are 32 inches wide or more
- Deck
- 8,276 Sq Ft Lot
Listing and Financial Details
- Tax Lot 115
- Assessor Parcel Number BRER-000030-000000-000115
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $13,038
- Gross Income $49,800
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/20/2024 05/20/24 | Sold | $429,000 | 0.0% | $153 / Sq Ft | |
| 04/19/2024 04/19/24 | Pending | -- | -- | -- | |
| 01/30/2024 01/30/24 | For Sale | $429,000 | +34.1% | $153 / Sq Ft | |
| 02/09/2022 02/09/22 | Sold | $320,000 | -1.5% | $114 / Sq Ft | View Prior Sale |
| 01/07/2022 01/07/22 | Pending | -- | -- | -- | |
| 01/06/2022 01/06/22 | For Sale | $325,000 | -- | $116 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $7,021 | $455,900 | $44,800 | $411,100 |
| 2024 | $6,924 | $368,300 | $44,800 | $323,500 |
| 2023 | $6,291 | $313,000 | $20,800 | $292,200 |
| 2021 | $4,159 | $186,500 | $20,600 | $165,900 |
| 2020 | $3,417 | $150,200 | $20,600 | $129,600 |
| 2019 | $3,469 | $150,900 | $20,600 | $130,300 |
| 2018 | $3,314 | $147,300 | $20,600 | $126,700 |
| 2017 | $3,314 | $147,300 | $20,600 | $126,700 |
| 2016 | $3,170 | $147,300 | $20,600 | $126,700 |
| 2015 | $3,170 | $147,300 | $20,600 | $126,700 |
| 2014 | $3,082 | $147,300 | $20,600 | $126,700 |
| 2013 | $3,464 | $165,600 | $14,000 | $151,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lewis Morrison Nicole Drake
-
K
Buyer's Agent in 2024
Kimberly McPheters
Better Homes & Gardens Real Estate/The Masiello Group
-
Kim Mcpheters
K
Buyer's Agent in 2024
Kim Mcpheters
NextHome Experience
(207) 735-7618
14 in this area
69 Total Sales
-
Sandi Van Syckle
S
Seller's Agent in 2022
Sandi Van Syckle
Realty of Maine
(207) 852-1756
1 in this area
10 Total Sales
-
P
Buyer's Agent in 2022
Pauline Rock
ERA Dawson-Bradford Co.
Map
Source: Maine Listings
MLS Number: 1581285
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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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