Multi-Family for Sale: 16 Garrison Street, Brunswick, ME 04011

2 full baths
$425,000
$425,000
16 Garrison Street, Brunswick, ME 04011
2 full baths
$425,000
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Price:
$425,000

Type Multi-Family
Style Duplex, New Englander
Total Baths 2 full baths
Square Feet 1,794 sqft
Lot Size 0.21 acres
Year Built 1920
Taxes Paid $3,622

City Brunswick
County Cumberland
School District Brunswick Public Schools

MLS 1608369
Status Active
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.

Room Features

Basement Description Bulkhead, Unfinished, Interior Entry, Full, Exterior Entry

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $3,622

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 5

Price History of 16 Garrison Street, Brunswick, ME

Date Name Price Difference
10/31/2024 Listing Price $425,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$380,000
$208 / sqft
Average
$465,000
$247 / sqft
High
$550,000
$284 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Brunswick 04011 0 2.0 $425,000 1,794 $237 N/A
9 Town Hall Place Brunswick 04011 0 2.0 $550,000 1,940 $284 08/28/2024
3 Westminster Avenue Brunswick 04011 0 2.0 $380,000 1,824 $208 09/13/2024

Map of 16 Garrison Street, Brunswick, ME

Location Map Street View
Photo of Steve Rosseel, SRES
Direct: 617-413-4686
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Gallant Real Estate, Kathleen Gallant & Joseph Haggerty 207-841-7569
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0.85223529411765%
6.75%
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16 Garrison Street (MLS #1608369) is a duplex, new englander multi-family listing located in Brunswick, ME. This multi-family listing is 1,794 sqft and on a lot of 9,148 sqft (or 0.21 acres) and is 104 years old. This property was listed on 10/31/2024 and has been priced for sale at $425,000.

The multi-family listing at 9 Town Hall Place in Brunswick is nearby and sold for $550,000 on 08/28/2024. Another nearby multi-family listing, 3 Westminster Avenue in Brunswick sold for $380,000 on 09/13/2024.

Nearby zip codes are 04008, 04032, 04079, 04086 and 04530. This property neighbors other cities such as Freeport, Harpswell, Topsham and West Bath.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Gallant Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.