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.
Closed
$429,000
188 Center Street, Brewer, ME 04412
4beds
2,800sqft
Multi Family
Built in 1900
-- sqft lot
$455,900 Zestimate®
$153/sqft
$1,742 Estimated rent
Home value
$455,900
$319,000 - $661,000
$1,742/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 16, 2025 at 07:08pm
Listed by:
NextHome Experience
Bought with:
EXP Realty
Source: Maine Listings,MLS#: 1581285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- Flooring: Carpet, Laminate, Tile, Vinyl
- Basement: Exterior Entry,Walk-Out Access,Unfinished,Brick/Mortar
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
- Finished area above ground: 2,800
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Reclaimed, 5 - 10 Spaces, On Site
Accessibility
- Accessibility features: 32 - 36 Inch Doors
Features
- Levels: Multi/Split
- Patio & porch: Deck
Lot
- Size: 8,276 sqft
- Features: Business District, Interior Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Shopping Mall, Near Railroad, Level, Sidewalks
Details
- Zoning: OR
- Other equipment: Internet Access Available, Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Clapboard, Vinyl Siding
- Foundation: Block, Stone, Brick/Mortar
- Roof: Composition,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: On Site, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Brewer
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2024 | Sold | $429,000$153/sqft |
Source:  Maine Listings #1581285 | ||
| 5/20/2024 | Pending sale | $429,000$153/sqft |
Source:  NextHome #1581285 | ||
| 4/6/2024 | Contingent | $429,000$153/sqft |
Source: Maine Listings #1581285 | ||
| 1/30/2024 | Listed for sale | $429,000+34.1%$153/sqft |
Source: Maine Listings #1581285 | ||
| 2/9/2022 | Sold | $320,000-1.5%$114/sqft |
Source: Maine Listings #1517532 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04412
Nearby schools
GreatSchools rating
- 7/10Brewer Community SchoolGrades: PK-8Distance: 1.4 mi
- 4/10Brewer High SchoolGrades: 9-12Distance: 0.3 mi
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