NOT LISTED FOR SALE

188 Center St Brewer, ME 04412

1 Bed
4 Baths
2,800 Sq Ft
8,276 Sq Ft Lot

Last Sold May 20, 2024

Last sale price $429,000 $153 Per Sq Ft

79 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • No HOA
  • Colonial Architecture
  • Property is near public transit
  • Interior Lot

About This Home

As of May 2024

Explore 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

Lewis Morris Nicole Drake

NextHome Experience Listed on: 01/30/2024

NextHome Experience

Last Buyer's Agent

Kim Mcpheters

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a private road
  • Interior Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 4 Full Bathrooms
  • 2,800 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Brick Basement
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number BRER-000030-000000-000115

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Pet Policy

  • No Dogs Allowed

Building Details

  • Operating Expense $13,038
  • Gross Income $49,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,291

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Directions: From Main St. in Brewer turn onto Parker St. Then turn LEFT onto Howard Ln. Turn RIGHT onto Center St., Property will be on your LEFT.
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2800.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 49800.0
  • Income Expenses Operating Expenses: 13038.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Equipment:Satellite Dish: Yes
  • Utility Info Electric On Site: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Driveway:Reclaimed: Yes
  • Amenities:Laundry - Coin: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Brick/Mortar, Walk-Out Access, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Tile, Laminate, Carpet
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Interior Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Shopping Mall, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Block, Stone, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Composition, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Reclaimed, On Site

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: BRER-000030-000000-000115
  • Zoning: OR

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 49800.0
  • Annual Operating Expense: 13038.0

Tax Info

  • Tax Annual Amount: 6291.3
  • Tax Book Number: 16377
  • Tax Lot: 115
  • Tax Map Number: 30
  • Tax Year: 2024

Range of Values:

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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 Change Sq Ft Price
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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lewis Morris Nicole Drake

    Seller's Agent in 2024

    Lewis Morris Nicole Drake

    NextHome Experience

    (207) 343-0143

    38 in this area

    352 Total Sales

    Lewis Morris Nicole Drake
    Section Image

  • K

    Buyer's Agent in 2024

    Kim Mcpheters

    EXP Realty

    (207) 735-7618

    26 in this area

    107 Total Sales

    Kim Mcpheters
    Section Image

  • S

    Seller's Agent in 2022

    Sandi Van Syckle

    Realty of Maine

    (207) 852-1756

    1 in this area

    9 Total Sales

    Sandi Van Syckle
    Section Image

  • P

    Buyer's Agent in 2022

    Pauline Rock

    ERA Dawson-Bradford Co.

    Section Image
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Map

Source: Maine Listings

MLS Number: 1581285

Maine Listings
Maine Penobscot County Brewer 04412

188 Center St, Brewer, ME

This home is located at 188 Center St, Brewer, ME 04412 since 30 January 2024. This property was built in 1900. 188 Center St is a home located in Penobscot County with nearby schools including Brewer Community School, Brewer High School, and All Saints Catholic School St. Mary's campus PreK-3.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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