8 Spring Street

Brewer, ME 04412
Baths
2
Square Ft.
1,664
$259,000
Discover a fantastic investment opportunity in Brewer, Maine, with this well-maintained two-unit property. One of the units has been beautifully remodeled, featuring a brand-new kitchen, new flooring, and a modern coat of paint that enhances its appeal. The property boasts durable vinyl siding and a plethora of windows that allow for an abundance of natural light, creating a warm and inviting atmosphere. Situated on a small lot in-town, this residence offers the convenience of off-street parking. Currently, one unit is vacant, providing a perfect opportunity for owner-occupancy, while the other unit has an established renter, ensuring immediate income. Each unit consists of two bedrooms and one bathroom, making them ideal for many renters looking for comfortable living spaces. Brewer, Maine, is an exceptional place to live, known for its friendly community, excellent schools, and proximity to local amenities such as restaurants, shopping, and a public library. The picturesque surroundings and recreational opportunities nearby make it a desirable location. Owning a two-unit property not only allows you to generate rental income but also offers the flexibility to occupy one unit while the other helps cover your mortgage. This setup can significantly reduce living expenses, making it an attractive optionRead MoreRead Less
Market LogoCourtesy of Realty of Maine 207-942-6310
Listing Snapshot
Days Online
0
Last Updated
Full Baths
2
Square Ft.
1,664
Lot Size
0.25 Acres
Year Built
1900
MLS Number
1643808
Additional Details
Property Access
Road Surface Type: "Paved"
Appliances & Equipment
Appliances: "ENERGY STAR Qualified Appliances"
Basement
Basement: "Full", "Not Applicable", "Unfinished"
Building
Architectural Style: "Cape Cod", "Cottage", Building Area Total: 1,664, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1900, 2 stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $0
Foundation
Foundation Details: "Stone", "Concrete Perimeter"
Heating
Heating: "Baseboard", Heating Included
Income
Gross Income: $28,800
Interior Features
Features: "1st Floor Bedroom", "Bathtub", "Other", "Shower", "Storage"
Laundry
Features: "Washer Hookup"
Lot
Features: "Open", "Level", "Interior Lot", "Near Shopping", "Neighborhood", "Near Public Transit", 0.25 acres, Area: 0.25, 10,890 square feet
Owner Pays
Owner Name: Larabee
Parking
Features: "1 - 4 Spaces", "Gravel", "Off Street"
Property
Parcel Number: BRER-000028-000000-000016, Zoning: Multi Unit
Roof
Roof: "Pitched", "Shingle"
Sewer
Sewer: "Private Sewer"
Taxes
Annual Amount: $3,210, Tax Lot: 16
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
$0
30 Days Snapshot Of 04412
$335k
+16%
(avg) sold price
13
+8%
homes sold
63
+152%
(avg) days on market
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Fred Andrews
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.