534 S Main St Brewer, ME 04412
Estimated payment $3,635/month
Highlights
- Colonial Architecture
- No HOA
- Tile Flooring
- Property is near golf course, public transit, railroad, and shops
- 2 Car Attached Garage
- Zoned Heating
About This Home
Turnkey 5-Unit Investment Opportunity in Brewer, Maine! This centrally located multi-family property features a strong unit mix of three 1-bedroom apartments and two 2-bedroom apartments, offering excellent rental flexibility and steady income potential. The property boasts a large driveway with ample off-street parking. Ideally situated close to local shops, restaurants, and everyday amenities, this building offers easy access to surrounding towns while maintaining a desirable neighborhood setting. Whether you're expanding your portfolio or entering the investment market, this well-positioned Brewer property is a smart addition! Yearly expenses: • Natural Gas -- $4,400 • Electric -- $1,500 • Water & Sewer -- $4,800 • Maintenance (Estimated) -- $700-$800 Rents are currently: 1- Vacant
2- $1150 3-$1200
4-$1450
5-$1181
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,086
Year Built
- Built in 1850
Lot Details
- 25,265 Sq Ft Lot
- Level Lot
- Open Lot
Parking
- 2 Car Attached Garage
- Gravel Driveway
Home Design
- Colonial Architecture
- Brick Foundation
- Pillar, Post or Pier Foundation
- Stone Foundation
- Wood Frame Construction
- Pitched Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 5 Full Bathrooms
- 3,604 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Tile
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- Property is near golf course, public transit, railroad, and shops
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Radiator
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 23
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Operating Expense $11,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,086 | $395,200 | $22,800 | $372,400 |
| 2024 | $5,943 | $316,100 | $22,800 | $293,300 |
| 2023 | $5,781 | $287,600 | $21,600 | $266,000 |
| 2021 | $5,499 | $246,600 | $21,000 | $225,600 |
| 2020 | $4,573 | $201,000 | $21,000 | $180,000 |
| 2019 | $4,901 | $213,200 | $21,000 | $192,200 |
| 2018 | $3,688 | $163,900 | $21,000 | $142,900 |
| 2017 | $3,659 | $162,600 | $21,000 | $141,600 |
| 2016 | $3,499 | $162,600 | $21,000 | $141,600 |
| 2015 | $3,499 | $162,600 | $21,000 | $141,600 |
| 2014 | $3,402 | $162,600 | $21,000 | $141,600 |
| 2013 | $3,962 | $189,400 | $24,500 | $164,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/06/2026 04/06/26 | Price Changed | $579,000 | -1.7% | $161 / Sq Ft | |
| 03/04/2026 03/04/26 | For Sale | $589,000 | +156.1% | $163 / Sq Ft | |
| 06/03/2019 06/03/19 | Sold | $230,000 | -7.6% | $64 / Sq Ft | View Prior Sale |
| 04/19/2019 04/19/19 | Pending | -- | -- | -- | |
| 04/02/2019 04/02/19 | For Sale | $249,000 | -- | $69 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $320,300 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $184,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $129,000 | New Conventional |
Source: Maine Listings
MLS Number: 1653195
- 558 S Main St
- 392 S Main St Unit 1
- 398 Old County Rd
- 676 N Main St
- 676 Main Rd N
- 672 Main Rd N Unit 2
- 646 Main Rd N Unit 2B
- 640 Main Rd N Unit 3B
- 317 S Main St
- 317 S Main St
- 699-701 Main St Unit 2
- 45 Dillingham St
- 14 Catell St Unit 4
- 313 River Rd
- 313 River Rd
- 131 S Main St
- 99 Old County Rd
- 47 Crestmont Rd
- 311 W Broadway Unit 1
- 247 Center St Unit 247 Center St, Apt 2A
Ask me questions while you tour the home.
