12 Brown Street

Mexico, ME 04257
Baths
2
Square Ft.
1,700
$179,900
Welcome to 12 Brown Street in Mexico, Maine, a fully occupied 2-unit multi-family property offering immediate rental income and strong long-term investment potential. This income-producing property features a more approachable and easier-to-manage setup than many larger apartment buildings, making it attractive to both experienced investors and buyers looking to enter the multi-unit market. The property also includes a garage offering valuable storage space and potential for additional income. A newer roof installed in 2022 helps reduce major near-term capital improvement concerns. Conveniently located near shopping, schools, restaurants, parks and everyday amenities, 12 Brown Street also provides easy access to the outdoor recreation Western Maine is known for, including hiking, skiing, fishing, boating, ATV trails, and snowmobiling. Located within commuting distance to Rumford and surrounding employment opportunities, this property combines affordability, flexibility, and investment potential in one package. Please allow 24 hours notice for showings.
Market LogoCourtesy of RE/MAX Shoreline 207-553-7500
Listing Snapshot
Days Online
10
Last Updated
Full Baths
2
Square Ft.
1,700
Lot Size
0.09 Acres
Year Built
1920
MLS Number
1662248
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 1,700, Construction Materials: "Wood Frame", "Composition", "Shingle Siding", Number Of Units Total: 2, Year Built: 1920, 2 stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $8,034
Exterior Features
Patio And Porch Features: "Porch", Patio And Porch Features: "Porch"
Floors
Flooring: "Carpet", "Vinyl"
Foundation
Foundation Details: "Poured Concrete"
Garage
Garage Included, 1 garage space
Water Features
Waterfront Features: "Nearby"
Heating
Heating: "Oil", "Baseboard", "Hot Water", Heating Included
Income
Gross Income: $30,900
Interior Features
Features: "1st Floor Bedroom", "Bathtub", "Storage"
Laundry
Features: "Upper Level", "Main Level"
Lot
Features: "Level", "Intown", "Neighborhood", 0.09 acres, Area: 0.09, 3,920 square feet
Owner Pays
Owner Name: 12 Brown Street, LLC
Parking
Features: "Gravel", "Detached", "1 - 4 Spaces"
Property
Parcel Number: MEXI-000022-000000-000043, Zoning: Residential
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $1,914, Tax Lot: 43
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04257
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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.