107 State Street

Closed 6/21/24
Closed 6/21/24
20231125_092513
20231125_092553
20231125_092533
20231117_102725
20231117_102800
Unit 4 kitchen
Unit 4
Unit 4
Unit 4
Unit 4
Unit 4
Unit4
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
20231117_103448
Sold
Last Sold Price
$420,000
2,937 sqft
107 State St, Brewer, ME 04412
Multi FamilyProperty Type
0.2 acresLot Size
1900Year Built
$143/sq ftPrice per sq ft

Description

Four-unit building offering a minimum 10% cap rate. One 1 br, Three 2br units. This well-maintained property boasts four units. Priced right to ensure steady cash flow for investors and owner-occupied. Nestled in a desirable location, tenants enjoy easy access to amenities, schools, and transportation, enhancing rental demand. The property's prime location also positions it for potential value appreciation, adding to its investment appeal. Whether you're a seasoned investor or new to real estate,...Four-unit building offering a minimum 10% cap rate. One 1 br, Three 2br units. This well-maintained property boasts four units. Priced right to ensure steady cash flow for investors and owner-occupied. Nestled in a desirable location, tenants enjoy easy access to amenities, schools, and transportation, enhancing rental demand. The property's prime location also positions it for potential value appreciation, adding to its investment appeal. Whether you're a seasoned investor or new to real estate, this easy-to-maintain building has new heat pumps, two remodeled apartments, and a fresh exterior paint job. 107 State St presents an excellent opportunity to secure a high-performing asset without much needed work upon closing. Don't miss out on this chance to elevate your investment portfolio. Schedule a viewing today!
  • Listed by: Davian Akers 207.712.5341 davian@kw.com • Keller Williams Realty
  • Listed by: James Cash 636.357.9780 jim.cash@kw.com • Keller Williams Realty
Listing closed: 06/21/2024 12:00 AM • Source: Maine Listings, MLS#: 1578082

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Recent comparable sales

Median sold price

$345,000

Avg days on market

61

Sale-to-list ratio

94.6%

Brewer, ME

9 comparable properties found

$450,000 | 18-20 Blake Street, Brewer, ME 04412
1/45
1

$450,000

Sold 01/31/25

Unavailable
Bedrooms
2,504
Square Feet
0.23
Acres

18-20 Blake Street, Brewer, ME 04412

$270,000 | 90 Holyoke Street, Unit 4, Brewer, ME 04412
1/10
2

$270,000

Sold 01/22/25

Unavailable
Bedrooms
2,552
Square Feet
0.26
Acres

90 Holyoke Street, Unit 4, Brewer, ME 04412

$440,000 | 185 Elm Street, Brewer, ME 04412
1/27
3

$440,000

Sold 08/31/26

Unavailable
Bedrooms
2,333
Square Feet
1.2
Acres

185 Elm Street, Brewer, ME 04412

$365,000 | 47 Holyoke Street, Brewer, ME 04412
1/43
4

$365,000

Sold 12/06/24

Unavailable
Bedrooms
4,026
Square Feet
0.19
Acres

47 Holyoke Street, Brewer, ME 04412

$345,000 | 440 South Main Street, Brewer, ME 04412
1/44
5

$345,000

Sold 05/04/26

Unavailable
Bedrooms
3,010
Square Feet
0.39
Acres

440 South Main Street, Brewer, ME 04412

$370,000 | 64 State Street, Brewer, ME 04412
1/80
6

$370,000

Sold 12/13/24

Unavailable
Bedrooms
3,460
Square Feet
0.25
Acres

64 State Street, Brewer, ME 04412

$299,900 | 14 Maple Street, Brewer, ME 04412
1/2
7

$299,900

Sold 09/12/25

Unavailable
Bedrooms
2,129
Square Feet
0.28
Acres

14 Maple Street, Brewer, ME 04412

8

$275,000

Sold 10/25/24

Unavailable
Bedrooms
4
Bathrooms
2,960
Square Feet
0.23
Acres

200 South Main Street, Brewer, ME 04412

$310,000 | 35 Brimmer Street, Brewer, ME 04412
1/43
9

$310,000

Sold 07/21/25

Unavailable
Bedrooms
3,240
Square Feet
0.13
Acres

35 Brimmer Street, Brewer, ME 04412

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Location

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Sold By ERA Dawson-Bradford Co.

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Property Information for 107 State Street

Property Details
  • Taxes: $5,936 / year
  • MLS Type: Multi-Family
  • County: Penobscot County
  • Architectural Style: Other
  • Style: Other
  • Has Waterfront: No
  • Zoning: HDR
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1900
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Neighborhood
  • Page: 8797
  • Latitude: 44.793066
  • Longitude: -$68.76
Taxes and HOA
  • Association: No
  • Parcel Number: BRER-000030-000000-000153
  • Tax Lot: 153
  • Tax Book Number: 16814
  • Tax Map Number: 30
  • Tax Year: 2024
  • Tax Annual Amount: $5,936.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street
  • Parking: 5 - 10 Spaces, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Virtual Tour
Property
Lot Information
  • Lot Features: Level, Intown, Near Shopping, Neighborhood
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level
Property and Assessments
  • Above Grade Finished Area: 2937.0
  • Building Area Total: 2937.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: No
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Year Built: 1900
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Brick/Mortar
  • Foundation Materials: Brick/Mortar
  • Construction Materials: Wood Siding, Vinyl Siding, Aluminum Siding, Wood Frame
  • Other Structures: Shed(s)
  • Color: White
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $141.30
Utilities
  • Heat Fuel: Electric
  • # Heating Units: 4
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum Siding, Vinyl Siding, Wood Siding
  • Roof: Metal
  • Driveway: Gravel
Interior Features
  • Amenities: Bathtub, Laundry - Hookup
  • Bathrooms Full: 4
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Integer: 4
  • Laundry Features: Washer Hookup
  • Basement: Bulkhead, Brick/Mortar, Full, Exterior Only, Unfinished
  • Basement: Bulkhead, Full, Unfinished, Brick/Mortar
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Heat Pump
  • Has Heating: Yes
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Features: Bathtub
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup
Multi Family
Multi Family Information
  • # of 2 BD Units: 4
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $56,400.00
  • Operating Expense: $3,960.00
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions
Tenant Information
  • Occupant Type: No

Property History for 107 State Street

DateEvent & SourcePriceAppreciation
Jun 21, 2024

Sold (Public Record)

Public Record #1534866325

$420,000

+23.6% / yr

Jun 21, 2024

Sold

Maine Listings #1578082

$420,000—
May 9, 2024

Pending

Maine Listings #1578082

—
DateEvent & SourcePrice
06/21/2024

Sold (Public Record)

Public Record #1534866325

$420,000

+23.6% / yr

06/21/2024

Sold

Maine Listings #1578082

$420,000
05/09/2024

Pending

Maine Listings #1578082

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 107 State Street

Taxable ValueLand$36,200Additions$408,100Total$444,300
Tax Record2025$6,842 ($570 / month)
Home Facts
Baths4Total Finished SqFt2,937 SqFtAbove Grade Finished SqFt2,937 SqFtUnfinished Basement SqFt1,256 SqFtStories2Lot Size8,712 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1900ZoningORCountyPENOBSCOTAPNBRER M:30 L:153

Schools near 107 State Street

This home is within Brewer Public Schools.
Rating
School
Type
Grades
Distance
Brewer Community School
Public - PK to 8
Brewer High School
Public - 9 to 12
Stillwater Academy
Private - 1 to 12
Northeast Occupational Exchange
Private - 5 to 6
Rating
School
Distance
Brewer Community School
PublicPK to 8

Brewer High School
Public9 to 12

Stillwater Academy
Private1 to 12

Northeast Occupational Exchange
Private5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 107 State Street, Brewer, ME 04412
$420,000
–
2,937
8,712
3 Somerset Street, Brewer, ME 04412
$280,000
–
4,392
10,454
101 State Street, Brewer, ME 04412
–
3
2
1,862
8,276
108 State Street, Brewer, ME 04412
–
4
2.5
2,872
16,117
102 State Street, Brewer, ME 04412
$175,900
–
2,896
10,454
29 Somerset Street, Brewer, ME 04412
$105,000
3
2,016
12,196

Explore Nearby Homes

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Listing Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.