Rare opportunity to own a well-maintained 4-unit property in the heart of Brewer! This versatile property has been meticulously cared for and presents excellent income potential for both investors and owner-occupants. The first floor features two units, each with two bedrooms, a kitchen, living area, new flooring, fresh paint, and updated bathroom fixtures. Upstairs, you will find two additional two-bedroom units with similar layouts and updates. It's a rare find to have all four units featuring two bedrooms! One unit is currently vacant, creating the perfect opportunity for an owner-occupant looking to offset their mortgage with rental income. Additional highlights include a shared washer and dryer, efficient newer boiler, two driveways providing ample off-street parking, and a brand-new roof just installed. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupied investment opportunity, this well-cared-for 4-unit property is conveniently located close to Brewer and Bangor amenities.
Multi-familyProperty Type
1900Year Built
0.25 acresLot Size
$150Price/Sq.Ft.
5 spacesParking
Listed by Kortnie Mullins• Realty of Maine
Listed by Renee Hudgens Kortnie Mullins• Realty of Maine
Sick of all the fixer uppers? This 4 unit is in excellent shape with excellent long term tenants. each unit has 2 bedrooms. and the location is great. Obviously this is a wonderful opportunity for an investor but what if you just need a nice 2 bedroom place for yourself? Buy it, move in, the rent will more than pay the mortgage. You live for free and bank a some each month. It almost sounds to good to be true but it is not. One last point, the present rents are quite a bit below the going market rate and could easily be raised.
MREIS #1069618
Dec 10, 2012
Sold
$52,000
$17/sq ft
2 - One Bedroom units and 2 - Two bedroom units. Formerly HWBB heat. All 4 units are now vacant. Repairs needed throughout. Sold AS-IS.
MREIS #907174
Aug 13, 2008
Listed
$143,000
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,087 (+2.1%)
$23,400 + $306,900
$330,300
2024
$4,984 (+3.0%)
$23,400 + $241,700
$265,100
2023
$4,838 (+6.1%)
$21,800 + $218,900
$240,700
2021
$4,558 (+21.3%)
$21,500 + $182,900
$204,400
2020
$3,758 (−17.4%)
$21,500 + $143,700
$165,200
2019
$4,550 (+38.2%)
$21,500 + $176,400
$197,900
2018
$3,292 (+5.2%)
$21,500 + $124,800
$146,300
2017
$3,128 (+4.6%)
$21,500 + $117,500
$139,000
2016
$2,991
$21,500 + $117,500
$139,000
2015
$2,991 (+2.9%)
$21,500 + $117,500
$139,000
2014
$2,908
$21,500 + $117,500
$139,000
Public record
Beds
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
—
Finished Sq. Ft.
3,056
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,056
Year built
1900
Style
Multi-Family (5+ Unit)
County
Penobscot County
APN
307060
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 90° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Brewer, ME • 04412
Average low and high temperatures (°F)
27
11
31
10
42
25
52
35
64
46
75
55
81
61
81
56
73
51
61
42
46
32
33
16
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.5 hours in
June and 2.9 hours in December, placing it below the
U.S. average for solar exposure.
7.5 hrs
2.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 17 Elm St
$456,734
$3,166 under list price of $460K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $325K to $458K.