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99 State Street, Brewer, ME, 04412

3beds
4baths
4,330sqft
$369,000
$85price/sqft
$3,193/moest. monthly cost
$127,720/yrincome needed

About This Home

Exceptional investment opportunity! This well-maintained multifamily property features two residential units, an additional finished bonus area, along with a versatile commercial space on the first floor offering multiple private offices. Perfect for an owner-occupant or investor, this property provides strong rental potential and a rare chance to generate both residential and commercial income in one location. Property is managed by Bangor Home Rentals and two of the apartments are occupied and will need 24 hour notice for showings. Thanks for your understanding.

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

7/10
Brewer Community SchoolGrades PK-81.3 mi
4/10
Brewer High SchoolGrades 9-120.1 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Poured Concrete,Brick/Mortar
  • Roof: Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other,Victorian
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 2

Features

  • Attic,Bathtub,Shower,Storage,Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 4,330

Heating & Cooling

  • Heating features: Hot Water,Radiator
  • Cooling features: None

Interior Area

  • Total structure area: 4,330
  • Total interior livable area: 4,330 sqft

Property

Accessibility

  • Accessibility features: 32 - 36 Inch Doors

Details

  • Parcel number: BRERM30L156
  • Zoning: Conv Business
  • Other equipment: Cable,Internet Access Available

Features

  • Levels: Multi/Split
  • Patio & porch: Porch

Lot

  • Lot size: 6,534 sqft
  • Features: City Lot,Near Shopping,Suburban,Corner Lot,Level,Open Lot

Parking

  • Parking features: Paved,5 - 10 Spaces,On Site

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Hurricane
Lightning

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,865$22,380
Home Insurance $134$1,608
Property Taxes $565$6,780
Electricity $629$7,552
Total$3,193$38,316

Income You'd Need if You Spent...

35% on housing$109,474/yr
40% on housing$95,790/yr
45% on housing$85,146/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$85This listing

vs Other Active Listings

Avg $/sqft

ZIP 04412$156
Penobscot County$143

vs Homes Sold Last Month

Median $/sqft

ZIP 04412$171
Penobscot County$181

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Pending sale$369,000
2026-08-09Contingent$369,000
2026-07-06Price change$369,000
2026-02-17Price change$375,000
2026-01-17Price change$389,900
2025-11-29Listed for sale$395,000
2022-11-08Sold$305,000
2022-09-22Contingent$325,000
2022-09-07Price change$325,000
2022-08-11Price change$340,000
2022-06-15Listed for sale$350,000
2022-06-06Contingent$350,000
2022-06-01Listed for sale$350,000

For Sale by Agent

BrokerageNextHome Experience

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