3-Unit Multifamily
For Sale
$699,000
34 Bowker Street, Brunswick, ME 04011
Multi-Family, Brunswick, ME
Property Size2,056 SF
Lot Size0.25 Acres
Price / SF$339.98
Days on Market47
Property Features for 34 Bowker Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Growth Residential 5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Basement
Patio and Porch features
Deck
Basement
Full, Unfinished
Lot features
Well Landscaped, Open, Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Town, Neighborhood, Near Railroad
Standard status
Active
Size
2,056 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7377
Utilities
Sewer type
Public Sewer
Heating system
Oil, Hot Water(Heating), Forced Air
Water source
Public
Building Details
Year built
1900
Number of units
3
Flooring type
Carpet, Vinyl, Wood
Building materials
Wood Frame, Clapboard
Roof type
Metal, Shingle
Architectural style
Cape Cod
Listing Agency:
Fontaine Family-The Real Estate Leader
(207) 784-3800
Listed By:
Tiffany Poland
(207) 577-3334
Added: Sep 3
Changed: Oct 16
Last Checked: Oct 19 at 8:06AM
MLS# 1679132
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3-unit multifamily property contains 2,056 square feet with five bedrooms and three full bathrooms. Built in 1900 in a Cape Cod style, the wood-frame residence features clapboard siding, wood, vinyl, and carpet flooring, plus both metal and shingle roofing. A basement, deck, paved parking, and spacious backyard add to the physical improvements. Each unit has its own heating system, hot water tank, oil tank, and electrical panel.
The property is located at 34 Bowker Street in Brunswick, near Bowdoin College and Downtown Brunswick. Public water and public sewer serve the site, which encompasses 0.25 acres. Two units are vacant, while one unit is occupied and generating rental income.
The property is located at 34 Bowker Street in Brunswick, near Bowdoin College and Downtown Brunswick. Public water and public sewer serve the site, which encompasses 0.25 acres. Two units are vacant, while one unit is occupied and generating rental income.
Key Highlights
- 3‑unit property with 2,056 square feet, 5 bedrooms, and 3 full baths
- 0.25‑acre parcel at 34 Bowker Street, Brunswick, ME 04011
- Separate heating systems, hot water tanks, oil tanks, and electrical panels for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,333
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,660
$726.7K
Cap Rate 7%
$519,043
$519.0K
Cap Rate 9%
$403,700
$403.7K
Market Conditions
NOI Build-Up for 2,056 SF
Gross rent
$55.5K $27.00/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$51.9K $25.25/SF
− OpEx
−$15.6K −$7.57/SF
NOI
$36.3K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,660
Cap Rate 7%
$519,043
Cap Rate 9%
$403,700
Alternative Uses
Best Use
Multifamily LT 5
$519.0K
$454.2K – $605.6K
NOI $36,333 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$482.9K
$422.5K – $563.4K
NOI $33,802 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$565.1K
$494.5K – $659.3K
NOI $39,557 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Explore this area
Business Placement
Demographics for 04011, ME
21,756
Population
9,440
Households
2.3
Avg Household Size
44
Median Age
52%
College-Educated
96%
High-School Grad
46.8 sq mi
ZIP Area
465
Density / Sq Mi
$74,102
Median Household Income
$40,075
Median Earnings
$1,341
Median Rent
$343,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Cape Cod residence with public utilities, paved parking, a deck, and a backyard on a quarter-acre parcel.
Where is this triplex located?
The property is located at 34 Bowker Street Brunswick, ME.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3‑unit property with 2,056 square feet, 5 bedrooms, and 3 full baths; 0.25‑acre parcel at 34 Bowker Street, Brunswick, ME 04011; Separate heating systems, hot water tanks, oil tanks, and electrical panels for each unit
