Movoto Real Estate
Sold on 01/31/2025
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18-20 Blake St, Brewer, ME 04412

$457,520

Last sold 01/31/2025 for $450K

  • 4

    bed

  • 4

    bath

  • 2,504

    Sqft ($180/Sqft)

Multi-family not for sale

About 18-20 Blake St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Property description
Double the Duplex - 4 Units Await Your Portfolio! This rare property offers the chance to own two duplexes on a single lot, delivering stable rental income and excellent growth potential. Located on a quiet dead-end street yet close to all amenities, it combines tenant appeal with solid returns. With public water and sewer, plus natural gas for efficient heating, this property is designed for low-maintenance investment success. The front building at 20 Blake Street features a fully renovated and leased 2-bedroom apartment on the first floor, updated to the studs for modern living. Upstairs, a vacant 1-bedroom apartment is ready to be occupied. With a 2021 metal roof and three electrical meters, this building is designed for efficient management and long-term performance. The back building at 18 Blake Street offers two renovated 2-bedroom apartments, both currently leased. It includes updated electrical systems, three electrical meters, a 2021 metal roof, and a deck built to code, ensuring durability and low upkeep. A spacious yard enhances tenant appeal, offering a shared outdoor space for relaxation and enjoyment. With a strong rent roll and room for growth, this property is a fantastic addition to any investor's portfolio—whether owner-occupied or fully rented. Don't miss out—schedule your showing today and secure this 4-unit opportunity!
Listed by
Listing Agent - Mariya Doncheva
Listing Office - Berkshire Hathaway HomeServices Northeast Real Estate
Source: MREIS mls logo
MLS#1611686 • last updated 6 months ago
Movoto checked MREIS for data 13 minutes ago
Overview
Heating Baseboard, Direct Vent Heater, Forced Air, Heat Pump
Levels/Style Multi-Level, Colonial, Other
MLS # 1611686
SqFt 2504
Status Closed
Lot Size (Acres) 0.23
Lot Size (Sqft) 10018.8
Property Tax 4806
Year Built 1900
Interior
Total # of Bathrooms 4
# Full Baths 4
Flooring Laminate, Vinyl
Exterior
Roof Metal
Amenities / Utilities
Water Source Public
Location
View Trees/Woods
Zoning HDR
Multifamily Details
Total # Of Units 4
Operating Expense 19748.27
Gross Income 47107
$457K
Range: $411K-$503K
Last 30 days 
  • Feb 2025
    mls logo MLS # 1611686
  • Feb 3, 2025 Sold
    $450,000
  • Jan 6, 2025 Pending
    —
  • Dec 30, 2024 Listed
    $450,000
  • Dec 29, 2024 Listed
    $450,000 (+246.4%)
  • Feb 2013
    mls logo MLS # 1065228
  • Feb 1, 2013 Expired
    —
  • Aug 2, 2012 Listed
    $129,900
  • Aug 2012
    mls logo MLS # 1040578
  • Aug 1, 2012 Expired
    —
  • Jan 27, 2012 Listed
    $129,900 (-35.0%)
  • Nov 2011
    mls logo MLS # 973408
  • Nov 30, 2011 Expired
    —
  • Apr 24, 2010 Listed
    $200,000 (-23.1%)
  • Sep 2007
    mls logo MLS # 844140
  • Sep 25, 2007 Expired
    —
  • May 5, 2007 Listed
    $260,000
  • 18-20 Blake St
    $450K
  • —
  • 04412
    $280K -6% y/y
  • Brewer
    $325K +3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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