586 S Main St

5,306 Sq. Ft.
$59 / Sq. Ft.
5,306
Sq. Ft.
$59
per Sq. Ft.

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...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.
  1. Listed by Philip Cormier • Keller Williams Realty • 207-745-7070

Property Details for 586 South Main Street

Waterfront
Yes
Waterfront Features
Stream
ArchitecturalStyle
Colonial, Federal
Garage Spaces
.00
Garage
No
Zoning
CB
LISTING UPDATED: 12/28/2024 10:11 PM

Property Details for 586 South Main Street

StatusClosed
MLS #1401609
Days on Market111
Taxes$5,866 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.60 AC / 26,136 SF
CountyPenobscot County

Location

Listing Courtesy of Keller Williams Realty

Sold By Berkshire Hathaway HomeServices Northeast Real Estate

Add your commute

Building Information for 586 South Main Street

Stories2Residences4Year Built1900Building Size-Lot Size0.60 AC / 26,136 SF

Payment Calculator

$2,075 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,586

Property Taxes

$489

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 586 South Main Street

Summary
Location and General Information
  • Water Body Name: Sedgeunkeddunk Stream
  • Zip Code: 2459
  • Directions: From Brewer take Rte 15 south toward Orrington. Past Cianbro, 586 South Main St, Brewer is on the left at the corner with Elm St
  • Town: Brewer
  • State/Province: ME
  • Zip Code: 04412
  • County: Penobscot
  • Geo Latitude: 44.768583
  • Geo Longitude: -68.781668
  • Tax Lot: 73
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Neighborhood: Yes
  • Transportation:Major Road Access: Yes
  • Transportation:Public Transport Access: Yes
  • Water Info:Waterfront Amount +: 35.00
  • Water Info:Water Frontage Owned: 35.00
  • Water Info:Water Frontage Shared: .00
  • Source of Water Frontage:Public Records: Yes
  • Source of Water Frontage:Waterfront Other Source: estimated from tax map
  • Recreational Water:Deeded: Yes
  • Recreational Water:Lake/Fresh Water: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
  • Recreational Water:River/Brook/Stream: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Construction: Wood Frame
  • Road Frontage: true
  • Water View2: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street
  • Attached Garage: No
  • Parking: 5 - 10 Spaces, Off Street, On Site2
Taxes and HOA Information
  • Tax Book Number: 12721
  • Tax Map Number: 22
  • Tax Year: 18
  • Parcel Number: BRER-000022-000000-000073
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,866.00
  • Restrictions:No Restrictions: Yes
School Information
  • School District: Brewer Public Schools
Property
Green Features
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Energy Efficiency: Double Pane Windows, Storm Doors
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Heat Pump: Yes
  • Water Heater:Off Heating System: Yes
  • Water Heater:Tank: Yes
  • Heat Fuel: Oil
  • Heat System: Baseboard, Forced Air, Hot Air, Hot Water, Multi-Zones
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 5306.0
  • Lot Size Acres: 0.6
  • Source of Acreage: Public Records
  • Building Area Total: 5306.0
  • Lot Size Area: 0.6
  • Lot Size Units: Acres
  • Lot Size Square Feet: 26136.0
  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Street Number: 586
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: Yes
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Slate Blue
  • Property Information:Source of Road Frontage: Public Records
  • Property Information:Road Front Other Source: 139.3 S Main & 206 Elm St
Parking
  • Driveway:Gravel: Yes
  • Driveway: Gravel
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
  • Gas:Natural - At Street: Yes
  • Water Heater: Electric2, Heat Pump2, Off Heating System, Tank
  • Equipment: Cable, Internet Access Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • # Fireplaces: 4
  • Fireplace: Yes
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle, Slate
  • Other Structures: Shed(s)
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Vehicle Storage: No Vehicle Storage
  • Patio and Porch Features: Deck, Porch
  • Basement Entry: Interior, Walk-Out
Interior Features
  • Basement: Full, Unfinished
  • Flooring: Wood, Vinyl, Carpet
  • Interior Features: Attic, Bathtub, Pantry, Shower, Walk-In Closet(s), Storage
  • Cooling: Heat Pump
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard, Hot Air
  • Foundation Details: Stone
  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 5
  • Bathrooms Total (Decimal): 5.00
  • Bathrooms Total (Notational): 5.00
  • Cooling YN: Yes
  • Heating YN: Yes
  • Amenities: Attic, Bathtub, Fence, Laundry - 1st Floor, Laundry - 2nd Floor, Laundry - Hookup, Pantry, Shower, Storage, Walk-in Closets
Multi Family
Income & Expenses Information
  • Gross Income: $45,300.00
  • Operating Expenses: $15,170.00
  • Gross Income: $45,300.00
  • Operating Expenses: $15,170.00
Multi-Family Information
  • Number of Units: 4
  • Building Info:# Fireplaces: 4
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 2
  • Building Info:# Water Heaters: 4
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $1,500.00
  • Unit 1:# Full Baths: 2.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 7.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: Yes
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Monthly Rent: $725.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: First
  • Unit 3:Monthly Rent: $675.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Second
  • Unit 4:Monthly Rent: $875.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 4.00
  • Unit 4:# of Bedrooms: 2.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 2
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 586 South Main Street

DateEvent & SourcePriceAppreciation
Jul 31, 2019

Sold

Maine Listings #1401609

$315,000
Jul 9, 2019

Pending

Maine Listings #1401609

Apr 25, 2019

Active Under Contract

Maine Listings #1401609

DateEvent & SourcePrice
07/31/2019

Sold

Maine Listings #1401609

$315,000
07/09/2019

Pending

Maine Listings #1401609

04/25/2019

Active Under Contract

Maine Listings #1401609

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

Public Records for 586 South Main Street

Taxable ValueLand$22,900Additions$540,100Total$563,000
Tax Record2025$8,670 ($722 / month)
Home Facts
Baths5Total Finished SqFt5,306 SqFtAbove Grade Finished SqFt5,306 SqFtUnfinished Basement SqFt2,552 SqFtStories2Lot Size26,136 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningCBCountyPENOBSCOTAPNBRER M:22 L:73

Schools near 586 South Main Street

This home is within Brewer Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
Brewer Community School
PublicPK to 8

Brewer High School
Public9 to 12

Calvary Chapel Christian School
PrivatePK to 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.