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Bean Group
Offered at $459,900Pending
beds
—
baths
4
sq ft
3,056
Built
1900

17 Elm Street

Brewer, ME 04412

About this home

Rare opportunity to own a well-maintained 4-unit property in the heart of Brewer! This versatile property has been meticulously cared for and presents excellent income potential for both investors and owner-occupants. The first floor features two units, each with two bedrooms, a kitchen, living area, new flooring, fresh paint, and updated bathroom fixtures. Upstairs, you will find two additional two-bedroom units with similar layouts and updates. It's a rare find to have all four units featuring two bedrooms! One unit is currently vacant, creating the perfect opportunity for an owner-occupant looking to offset their mortgage with rental income. Additional highlights include a shared washer and dryer, efficient newer boiler, two driveways providing ample off-street parking, and a brand-new roof just installed. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupied investment opportunity, this well-cared-for 4-unit property is conveniently located close to Brewer and Bangor amenities.

Listing last checked: Listing updated:

Listed by Listing Agent · Realty of Maine · MLS #1680739

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Details at a glance

Interior4 property facts
Heating
Oil, Baseboard, Hot Water
Cooling
None
Flooring
Carpet, Laminate, Vinyl
Fireplaces
0
Building5 property facts
Style
Other
Year built
1900
Garage
0
Foundation
Stone, Brick/Mortar
Roof
Shingle
Land & utilities4 property facts
Lot size
0.25 acres
Water
Public
Sewer
Public Sewer
Zoning
MDR-2
Financial2 property facts
Annual taxes
$5,191
Assessment year
2027

Location

Estimated monthly cost

Explore costs at the $459,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,758 / monthAdjust
Principal & interest
$2,326
Property tax
$433
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,191. 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 17 Elm Street

Can I request a private showing?

Request a tour of 17 Elm 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.