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  • $411,000

    16 Garrison Street, Brunswick, ME 04011

    6beds
    1,794sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $424,800 Zestimate®
    $229/sqft
    $2,067 Estimated rent

    Home value

    $424,800

    $387,000 - $467,000

    $2,067/mo

    Zestimate® history
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    $2,498/mo

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    What's special

    The 2-unit property at 16 Garrison Street is a great opportunity for either owner-occupants or investors. Here are some key highlights and potential benefits: 1. Location: The proximity to Bowdoin College and downtown Brunswick enhances its appeal for student or faculty housing, as well as for buyers who value a short commute to local amenities. 2. Separate Utilities: With each unit having its own heating, hot water, and electrical systems, the setup allows tenants or owners to be responsible for their own utility costs, reducing overhead for property owners. 3. Storage & Laundry: The basement storage space and two washer/dryer hookups make it appealing and convenient for tenants and adds value to the units. 4. Outdoor Space: Both units having back decks overlooking a fenced yard provides appealing outdoor space, a desirable feature for owners and/or tenants. 5. Parking: With off-street parking available as well as an additional garage bay, tenants have ample space for parking—an attractive feature in a location close to downtown. 6. Investment Potential: The option to increase rents to fair market value after cosmetic updates could improve cash flow. Month-to-month leases give flexibility for any renovations or new tenant arrangements. Overall, the property could be an ideal choice for someone looking to invest in a college-town rental or secure affordable housing close to all that downtown Brunswick has to offer.

    Zillow last checked: 7 hours ago

    Listing updated: March 03, 2025 at 08:11am

    Listed by:

    Gallant Real Estate

    Bought with:

    Dream Home Realty LLC

    Source: Maine Listings,MLS#: 1608369MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • Bathtub, Shower, Storage
    • Flooring: Laminate, Vinyl, Wood
    • Basement: Bulkhead,Interior Entry,Full,Unfinished
    Interior area
    • Total structure area: 1,794
    • Total interior livable area: 1,794 sqft
    • Finished area above ground: 1,794
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Common, Paved, 1 - 4 Spaces, Off Street, Detached
    • Garage spaces: 1
    Features
    • Patio & porch: Deck, Porch
    Lot
    • Size: 9,147 sqft
    • Features: Near Public Beach, Near Shopping, Near Town, Near Railroad, Open Lot
    Details
    • Parcel number: BRUNMU02L090
    • Zoning: GR5
    • Other equipment: Cable, Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander,Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Brunswick

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/3/2025Pending sale$425,000+3.4%$237/sqft
    Source: Maine Listings #1608369 Report a problem
    2/27/2025Sold$411,000-3.3%$229/sqft
    Source: Maine Listings #1608369 Report a problem
    1/17/2025Contingent$425,000$237/sqft
    Source: Maine Listings #1608369 Report a problem
    10/31/2024Listed for sale$425,000$237/sqft
    Source: Maine Listings #1608369 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,709 +2.4%$155,500
    2023$3,622 +7.4%$155,500
    2022$3,373 +6.5%$155,500

    Find assessor info on the county website

    Neighborhood: 04011

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $424,800
    2% more
    +$8,496
    With Zillow Showcase(estimated)
    $433,296