16 Garrison Street
Brunswick, ME 04011
$425,000
Price
6
Beds
2
Baths
1,794 Sq. Ft.
$237 / Sq. Ft.
1,794
Sq. Ft.
$237
per Sq. Ft.
Description
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...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.
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...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.
- Listed by Kathleen Gallant • Gallant Real Estate
- Listed by Joseph Haggerty • Gallant Real Estate
Property Details for 16 Garrison Street
Waterfront
No
ArchitecturalStyleDuplex, New Englander
Garage Spaces1.00
GarageYes
ZoningGR5
LISTING UPDATED: 11/01/2024 06:22 PM
Property Details for 16 Garrison Street
| Status | Active |
|---|---|
| MLS # | 1608369 |
| Days on Market | 21 |
| Taxes | $3,622 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1920 |
| Lot Size | 0.21 AC / 9,147 SF |
| County | Cumberland County |
Building Information for 16 Garrison Street
Stories-Residences2Year Built1920Building Size-Lot Size0.21 AC / 9,147 SF
Property Information for 16 Garrison Street
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 3104
- Directions: GPS-Friendly. Route I-295 to Exit 28; continue on Pleasant Street approximately 2 miles to right on Maine Street, then left on Bath Road to first light, then right on Route 123. Proceed .2 miles to left on Garrison to #16 on right. Sign on property.
- Town: Brunswick
- State/Province: ME
- Zip Code: 04011
- County: Cumberland
- Geo Latitude: 43.901742
- Geo Longitude: -69.954039
- Tax Lot: 090
- Site:Open: Yes
- Location:Near Public Beach: Yes
- Location:Near Railroad: Yes
- Location:Near Shopping: Yes
- Location:Near Town: Yes
- Recreational Water:Nearby: Yes
Parking
- Parking Features: 1 - 4 Spaces, Paved, Common, Detached, Off Street
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 20379
- Tax Map Number: U02
- Tax Year: 2023
- Parcel Number: BRUN-000002-000000-000090U
- Location Information:Association Y/N: No
- Tax Annual Amount: $3,622.00
School Information
- School District: Brunswick Public Schools
Property
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 1794.0
- Lot Size Acres: 0.21
- Source of Acreage: Survey
- Building Area Total: 1794.0
- Lot Size Area: 0.21
- Lot Size Units: Acres
- Lot Size Square Feet: 9147.6
- Bathrooms Full: 2
- Bathrooms Half: 0
- Street Number: 16
- Property Information:Surveyed: Yes
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Deed: All
- Property Information:Total Half Baths: .00
- Property Information:Color: White
- Property Information:Source of Road Frontage: Survey
Parking
- Driveway:Common: Yes
- Driveway:Paved: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1920
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- Vehicle Storage:1 Car: Yes
- Vehicle Storage:Detached: Yes
- Roof: Shingle
- Patio and Porch Features:Deck: Yes
- Patio and Porch Features:Porch: Yes
Interior Features
- Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
- Flooring: Wood, Vinyl, Laminate
- Interior Features: Bathtub, Shower, Storage
- Cooling: None
- Heating: Hot Water, Baseboard
- Foundation Details: Concrete Perimeter
- Laundry Features: Washer Hookup
- Bathrooms Total (Integer): 2
- Bathrooms Total (Decimal): 2.00
- Bathrooms Total (Notational): 2.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $13,527.08
- Operating Expenses: $5,672.92
Multi-Family Information
- Number of Units: 2
- Building Info:# Heating Units: 2
- Building Info:# Water Heaters: 2
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $800.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 5.00
- Unit 1:# of Bedrooms: 3.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: No
- Unit 1:Water: No
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: Second
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $800.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 3.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: No
- Unit 2:Water: No
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 0
- Units:# of 3 BD Units: 2
- Units:# of 4+ BD Units: 0
Property History for 16 Garrison Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 16 Garrison Street
Taxable ValueLand$37,400Additions$118,100Total$155,500
Tax Record2024$3,709 ($309 / month)
Home Facts
Baths2Total Finished SqFt1,794 SqFtAbove Grade Finished SqFt1,794 SqFtUnfinished Basement SqFt897 SqFtStories2Lot Size6,970 SqFtStyleDuplexYear Built1920CountyCUMBERLANDAPNBRUN M:U02 L:090
Schools near 16 Garrison Street
This home is within Brunswick Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 3 to 5 |
Rating | School | Distance |
|---|---|---|
Kate Furbish Elementary School PublicPK to 2 | ||
Brunswick Jr High School Public6 to 8 | ||
Brunswick High School Public9 to 12 | ||
Harriet Beecher Stowe Elementary Public3 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Gallant Real Estate
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
