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    91 State St Brewer, ME 04412

    New
    Picture of Apartment buildings at State St 91, Brewer, ME
    For Sale
    $248,900

    Residential Multi Family, Other - Brewer, ME

    Property size:
    6,236 SF
    Lot size:
    0.18 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 91 State St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    6,236 SF
    Lot size
    0.18 Acres

    Building Details

    Year built
    1900
    Architectural style
    Other

    NextHome, Inc

    Listing agent Perry Antone, Sr (207) 573-7400 License #BA921506,PersonLicenseNumber

    Listing date Dec 5, 2025

    MLS# 1644301 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brewer Two-Unit Home Investment Opportunity

    This two-unit home in Brewer, situated on a landscaped corner lot, presents an investment opportunity. The property has the potential for conversion into a three-apartment building, requiring renovation work. The downstairs apartment features three bedrooms, a dining room, and a sun porch, and is in rentable condition. The upstairs apartment has undergone partial renovation, including a new ¾ bath and a half-bath, but requires a new kitchen. The house has woodwork and hardwood floors. The downstairs apartment has been rewired, and the furnace has a new boiler. The upstairs apartment has a separate furnace. The lot size is 0.18 acres, and the property size is 6236 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brewer
    County
    Penobscot
    State
    Maine
    Longitude
    -68.7593498
    Latitude
    44.7938388

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      Updated Multi-Unit Investment Opportunity

      Updated two-unit property in convenient Brewer location, ideal for investors.
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      Four-Unit Multifamily Property in Brewer

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    FAQs

    What type of property is this?
    Apartment building - Two-unit home with potential for three apartments in Brewer.
    Where is this apartment building located?
    The property is located at 91 State St Brewer, ME.
    What is the asking price?
    The asking price for this property is $248,900.
    What are key features of this property?
    This property features: - Priced $80,000 below 2026 tax assessed value.; - Two-unit home with potential for a third apartment.; - Downstairs apartment is in good condition and ready to rent.
    (207) 573-7400
    Request Owner's contact information
    91 State St Brewer, ME 04412
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    Brewer, ME 04412
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    91 State St Brewer, ME 04412
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