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Bean Group
Offered at $189,000Pending
beds
—
baths
2
sq ft
1,164
Built
1939

127 Union Street

Brewer, ME 04412

About this home

Recently rented for $2,000 per month, this property presents an attractive opportunity for investors looking for solid cash-flow potential. The combination of a manageable purchase price, established rental demand, and the potential for lower utility costs with natural gas heating can help maximize monthly cash flow while also paying down the mortgage and building equity over time. Located on a private dead-end street, the property offers a low-traffic setting, with previous tenants having lived here for a couple years and expressing that they would miss the home after moving. Whether you're adding to an existing portfolio or looking for your first rental property, this is an opportunity worth taking a closer look at.

Listing last checked: Listing updated:

Listed by Listing Agent · NextHome Experience · MLS #1681059

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Details at a glance

Interior3 property facts
Heating
Forced Air
Cooling
None
Flooring
Other, Vinyl
Building5 property facts
Style
Other
Year built
1939
Garage
0
Foundation
Stone, Brick/Mortar
Roof
Shingle
Land & utilities4 property facts
Lot size
0.09 acres
Water
Public
Sewer
Public Sewer
Zoning
Unknown
Financial2 property facts
Annual taxes
$3,435
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $189,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,242 / monthAdjust
Principal & interest
$956
Property tax
$286
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,435. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 127 Union Street

Can I request a private showing?

Request a tour of 127 Union Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.