Bought with John Graham Real Estate
$600,000
$660,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Baths
4,040 SqFt
SOLD DATE : 07/16/2021
Key Details
Sold Price $600,000
Property Type Multi-Family
Listing Status Sold
Square Footage 4,040 sqft
MLS Listing ID 1486374
Sold Date 07/16/21
Style Federal
Full Baths 6
HOA Y/N No
Abv Grd Liv Area 4,040
Originating Board Maine Listings
Year Built 1906
Annual Tax Amount $5,298
Tax Year 2020
Lot Size 0.310 Acres
Acres 0.31
Property Description
Prime location in Downtown Brunswick. This 1906 multifamily property presents multiple possibilities for improvement and sits on an oversized corner lot with two curb cuts. Currently a six unit apartment building, it would lend itself to conversion condos, commercial use with the ability to add substantial parking, or continued as a successful investment rental with off street parking and a two story attached carriage house.
Rents are well below market and majority of units need cosmetic work. The return would be worth the investment
Location
State ME
County Cumberland
Zoning GR6
Direction Corner of Union and Cedar Street. Union runs parallel with Maine Street.
Rooms
Basement Bulkhead, Crawl Space, Partial, Exterior Entry, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub, Shower, Storage
Heating Radiator, Multi-Zones, Hot Water, Forced Air
Cooling None
Flooring Wood, Laminate, Carpet
Exterior
Garage 5 - 10 Spaces, Other, Paved, Common, Off Street
Waterfront No
View Y/N No
Roof Type Pitched,Shingle
Street Surface Paved
Porch Deck, Porch
Parking Type 5 - 10 Spaces, Other, Paved, Common, Off Street
Garage No
Building
Lot Description Corner Lot, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
Foundation Granite
Sewer Public Sewer
Water Public
Architectural Style Federal
Structure Type Vinyl Siding,Post & Beam,Wood Frame
Schools
School District Brunswick Public Schools
Others
Restrictions Unknown
Energy Description Gas Natural
Financing Conventional
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