NOT LISTED FOR SALE

58 Holyoke St Brewer, ME 04412

Estimated Value: $247,000 - $294,000

3 Beds
2 Baths
1,709 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $264,000 $154 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,741/month

2 Days on Market

Highlights

  • 113 Acre Lot
  • Deck
  • Main Floor Bedroom
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of June 2024

**Exceptional Investment Opportunity in the Heart of Brewer**

Discover a prime multi-family property nestled in the vibrant community of Brewer, offering a solid investment with excellent rental income potential. This well-maintained property features two spacious units, each boasting one bedroom, a fully equipped kitchen, and a full bathroom. Added conveniences include in-unit washer and dryers, ensuring tenant satisfaction and demand.

Both units exude charm and functionality, appealing to a wide range of prospective tenants. The attached barn is a standout feature, providing ample storage space with endless possibilities for future use - consider a workshop, studio space, or additional rental area subject to proper approvals.

Located in a sought-after area known for its strong community and stable rental market, this property boasts a robust rental history, making it an attractive choice for both seasoned and novice investors. Whether you're looking to expand your portfolio or step into the rental market, this property offers a turnkey solution with potential for growth and value enhancement.

Embrace the opportunity to own a piece of Brewer's real estate market - an investment that continues to yield returns in a thriving community.

Last Agent to Sell the Property

Jason Edwards

EXP Realty Listed on: 04/29/2024

EXP Realty

Last Buyer's Agent

Sarah Ryan

Harris Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 1900

Lot Details

  • 113 Acre Lot
  • Landscaped
  • Interior Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • 1,709 Sq Ft Home
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Unfinished Basement

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 58holyokestreetbrewer04412

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $5,990
  • Gross Income $32,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,204

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 113.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 1709.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Insulated Foundation
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 113.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1709.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Walk-in Closets: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 32880.0
  • Income Expenses Operating Expenses: 5990.0
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Storm Doors: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Other, Pantry, Shower, Walk-In Closet(s), Storage
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Interior Lot, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Metal, Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Brewer Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4922280.0
  • Parcel #: 58holyokestreetbrewer04412
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 32880.0
  • Annual Operating Expense: 5990.0

Tax Info

  • Tax Annual Amount: 3203.94
  • Tax Book Number: 15209
  • Tax Lot: 44
  • Tax Map Number: 33
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 28, 2024
Sold by
Tucker Gary-Alan C
Bought by
Allen Brandon
Seller's Agent
Jason Edwards
EXP Realty
Buyer's Agent
Sarah Ryan
Harris Real Estate
List Price
$260,000
Sold Price
$264,000
Premium/Discount to List
$4,000
1.54%
Views
10
Current Estimated Value
$270,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,623
Avg. Annual Appreciation
2.14%
Original Mortgage
$259,218
Outstanding Balance
$255,728
Interest Rate
5.95%
Mortgage Type
FHA
Estimated Equity
$14,895
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Allen Brandon $264,000 None Available
Allen Brandon $264,000 None Available
Allen Brandon $264,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Brandon $259,218
Closed Allen Brandon $259,218
Previous Owner Cropley-Tucker Gary Alan $141,477
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $264,000 +1.5% $154 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $260,000 +87.7% $152 / Sq Ft
07/12/2019 07/12/19 Sold $138,500 -4.5% $81 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $145,000 -- $85 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $3,331 $177,200 $25,500 $151,700
2023 $3,204 $159,400 $23,600 $135,800
2021 $3,064 $137,400 $23,400 $114,000
2020 $2,537 $111,500 $23,400 $88,100
2019 $2,511 $109,200 $23,400 $85,800
2018 $2,370 $107,700 $23,400 $84,300
2017 $2,423 $107,700 $23,400 $84,300
2016 $2,318 $107,700 $23,400 $84,300
2015 $2,318 $107,700 $23,400 $84,300
2014 $2,253 $107,700 $23,400 $84,300
2013 $2,797 $133,700 $10,300 $123,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1587695

Maine Listings

APN: BRER-000033-000000-000034