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Sold on 07/31/2019
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586 S Main St, Brewer, ME 04412

$315,000

Last sold 07/31/2019 after 209 Days

  • 4

    bed

  • 5

    bath

  • 5,306

    Sqft ($59/Sqft)

Multi-family not for sale

About 586 S Main St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 0.6 Acre
Property description
ELEGANT LIVING WITH INCOME! Well maintained and restored period Federal style home with wide moldings, hardwood floors, fireplaces and updated kitchens. Three additional units will provide you the income to pay taxes and utilities and pay half the mortgage amount; see the attached cash flow. Slate roof, vinyl siding, young Biasi boiler will give you years of carefree maintenance. Workshop in the barn with tenant laundry plus a really cool apartment #4 on 2nd floor of barn. Fenced in backyard will contain the animals. Convenient location is attractive for tenants and there is is plenty of side yard parking for everyone. Improve the efficiencies of the home by using natural gas from street. Used for the past 30 years as an owner occupied residence. Owners unit is spacious for a growing family and your craft space. Income properties this good is rarely found, check this one out today while interest rates are so low.
Listed by
Listing Agent - Philip Cormier
Listing Agent Contact: 207-745-7070
Listing Office - Keller Williams Realty
Source: MREIS mls logo
MLS#1401609 • last updated 5 months ago
Movoto checked MREIS for data 5 minutes ago
Overview
Heating Baseboard, Forced Air, Hot Air, Hot Water, Zoned
Levels/Style Colonial, Federal, 2
MLS # 1401609
SqFt 5306
Status Closed
Lot Size (Acres) 0.6
Lot Size (Sqft) 26136
Property Tax 5866
Year Built 1900
Interior
Total # of Bathrooms 5
# Full Baths 5
Flooring Carpet, Vinyl, Wood
Door Features Storm Door(s)
Window Features Double Pane Windows
Exterior
Patio/ Porch Deck, Porch
Other Structures Shed(s)
Amenities / Utilities
Water Source Public
Location
Body of Water Sedgeunkeddunk Stream
High School District Brewer Public Schools
Zoning CB
Multifamily Details
Total # Of Units 4
Operating Expense 15170
Gross Income 45300
We are not permitted to show value estimates for this property.
  • Jul 2019
    mls logo MLS # 1401609
  • Jul 31, 2019 Sold
    $315,000 (-6.3%)
  • Jul 9, 2019 Pending
  • Apr 25, 2019 Pending Continue To Show
  • Jan 3, 2019 Listed
    $336,222 (+31.3%)
  • Jan 2012
    mls logo MLS # 1002817
  • Jan 31, 2012 Sold
    $256,000 (-14.4%)
  • Feb 17, 2011 Listed
    $299,222
  • Year Property taxes Tax assessment
  • 2024
    $8,417 +2.9%
    $447,700 +9.97%
  • 2023
    $8,183 +4.1%
    $407,100 +20.19%
  • 2022
    $7,864 +4.1%
    $338,700
  • 2021
    $7,553 +23.0%
    $338,700 +25.44%
  • 2020
    $6,143
    $270,000
  • 586 S Main St
    $315K
  • 04412
    $280K -6% y/y
  • Brewer
    $314K +5% y/y
No chart available
Statistics calculated by Movoto

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6/10
4/10
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • ME
  • Penobscot County
  • Brewer
  • 04412
  • 586 S Main St
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