19 Mason ST, Brunswick, ME 04011 - MLS#1625919 - Monet Yarnell

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Monet Yarnell

monet@sell207.com +1(207) 461-4740

Listed by EXP Realty

$995,000

2 Baths

4,900 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 4,900 sqft

MLS Listing ID 1625919

Style Federal

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 4,900

Year Built 1900

Annual Tax Amount $6,673

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Source Maine Listings

Property Description

This is a rare opportunity to invest in a prime mixed-use building in the heart of downtown Brunswick. Located in the highly sought-after GM6 District, this expansive property offers nearly 5,000 square feet of space and excellent visibility in a high-traffic area—ideal for residential, commercial, or combined use. Currently configured as four units, the building generates a projected gross annual rent of $90,000, resulting in a solid 7.5% CAP rate. Over the past four years, the property has undergone extensive renovations, including the installation of three new heating systems, the addition and renovation of multiple bathrooms, a full remodel of a two-bedroom, two-bath residential unit, and the installation of new windows. Additional upgrades include construction of a two-story staircase to provide a second egress, exterior painting, foundation repairs, and a storefront conversion. Two long-term tenants are currently in place, with leases secured through April 2027, offering immediate and stable rental income. This well-maintained and versatile building is a standout investment opportunity in a growing and vibrant downtown district. Cross Reference Commercial Listing : MLS 1562920

Location

State ME

County Cumberland

Zoning GM6

Rooms

Basement Interior, Walk-Out Access, Daylight, Full, Partial, Exterior Only

Interior

Heating Zoned, Hot Water, Heat Pump, Forced Air

Cooling Heat Pump

Flooring Wood, Tile

Laundry Laundry - 1st Floor, Main Level

Exterior

Parking Features 1 - 4 Spaces, Gravel, Off Site, On Site

Utilities Available 1

View Y/N No

Roof Type Membrane,Metal,Other

Street Surface Paved

Porch Deck

Garage No

Building

Lot Description Sidewalks, Intown, Near Golf Course, Near Shopping, Near Railroad

Foundation Stone, Granite, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Federal

Structure Type Wood Siding,Wood Frame

Others

Energy Description Propane, Electric

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Phone

+1(207) 461-4740

monet@sell207.com

Address

111 High St, Belfast, ME

19 Mason ST Brunswick, ME 04011