$395,000

99 State St Brewer, ME 04412

Estimated payment $2,674/month

Total Views 1,678
-- Bed
4 Baths
4,330 Sq Ft
$91 Price per Sq Ft

Highlights

  • Victorian Architecture
  • Porch
  • Accessible Approach with Ramp
  • No HOA
  • Double Pane Windows
  • Hot Water Heating System

About This Home

Exceptional investment opportunity! This well-maintained multifamily property features two residential units, an additional finished bonus area, along with a versatile commercial space on the first floor offering multiple private offices. Perfect for an owner-occupant or investor, this property provides strong rental potential and a rare chance to generate both residential and commercial income in one location. Property is managed by Bangor Home Rentals and two of the apartments are occupied and will need 24 hour notice for showings. Thanks for your understanding.

Listing Agent

Melody Hartt

NextHome Experience Listed on: 11/29/2025

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,187

Year Built

  • Built in 1900

Home Design

  • Victorian Architecture
  • Shingle Roof

Interior Spaces

  • 4,330 Sq Ft Home
  • Double Pane Windows
  • Interior Basement Entry

Flooring

  • Carpet
  • Vinyl

Accessible Home Design

  • Doors are 32 inches wide or more
  • Accessible Approach with Ramp

Utilities

  • No Cooling
  • Radiator
  • Hot Water Heating System

Additional Features

  • Porch
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number BRER-000030-000000-000156

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $27,069
  • Gross Income $29,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,187

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Active
  • Directions: GPS Accurate
  • Above Grade Finished Sq Ft: 4330.0
  • Architectural Style: Other, Victorian
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Contract Information:List PriceSqFt: 91.22
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors, Accessible Approach with Ramp
  • Has Basement: Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Carpet, Vinyl
  • Window Features: Double Pane Windows

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Radiator
  • 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: 6534.0
  • Parcel #: BRER-000030-000000-000156
  • Zoning: Conv Business

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 29550.54
  • Annual Operating Expense: 27068.56

Tax Info

  • Tax Annual Amount: 7187.0
  • Tax Lot: 156

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,187 $382,300 $43,100 $339,200
2023 $6,607 $328,700 $39,900 $288,800
2021 $6,025 $270,200 $39,500 $230,700
2020 $6,090 $267,700 $39,500 $228,200
2019 $6,690 $291,000 $39,500 $251,500
2018 $5,297 $235,400 $39,500 $195,900
2017 $5,297 $235,400 $39,500 $195,900
2016 $5,066 $235,400 $39,500 $195,900
2015 $5,066 $235,400 $39,500 $195,900
2014 $4,925 $235,400 $39,500 $195,900
2013 $5,286 $252,700 $22,500 $230,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2025 11/29/25 For Sale $395,000 +29.5% $91 / Sq Ft
11/08/2022 11/08/22 Sold $305,000 -12.9% $70 / Sq Ft View Prior Sale
05/31/2022 05/31/22 For Sale $350,000 -- $81 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $305,000 None Available
Warranty Deed $305,000 None Available
Warranty Deed $305,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 Stand Alone Refi Refinance Of Original Loan
Closed $240,000 New Conventional
Source: Public Records

Source: Maine Listings

MLS Number: 1644469

Maine Listings

APN: BRER-000030-000000-000156

Maine Penobscot County Brewer 04412

99 State St, Brewer, ME

For Sale

MultiFamily

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NextHome Experience
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