Property Description
Privacy, income potential, and an incredible house-hacking opportunity at the end of a quiet dead-end street in Brewer! Welcome to 31 Tibbetts Street, an income-producing duplex offering flexibility for investors and owner-occupants alike. Situated on approximately 0.55 acres, this property features exceptional privacy, a spacious yard, and ample off-street parking while remaining conveniently close to Bangor, Brewer amenities, shopping, and major commuting routes. The property features a nice two-bedroom, one-bathroom upstairs apartment and a one-bedroom, one-bathroom downstairs apartment. A standout feature is the oversized detached garage, fully insulated, finished, and heated, with 10-foot ceilings and additional overhead storage. Perfect for a workshop, hobbies, vehicles, or equipment! Each unit has its own furnace and separately metered electricity. Heating fuel is currently owner-paid, but the existing setup offers potential for separate fuel arrangements with additional tanks and minor modifications. Both units are currently rented month-to-month, generating $2,300 in monthly income, with rents believed to be well below current market values. The downstairs tenant plans to relocate upon completion of her new home, offering potential flexibility for an owner-occupant. One unit may be available at closing, subject to appropriate arrangements. Whether you're looking to live in one unit while rental income helps offset your mortgage or expand your investment portfolio, this property offers an excellent combination of income potential, privacy, and versatility. Don't miss this unique Brewer opportunity!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Interior Entry, Slab, Unfinished
Garage: 1
Heating: Propane, Forced Air
Home Style: Colonial, Other
Lot Size: 0.55 Acres
Roof Type: Shingle
Taxes: $3,992
Year Built: 1900
Feature Descriptions
Electric: Circuit Breakers, Generator Hookup
Exterior: Wood Frame, Wood Siding
Flooring: Vinyl, Luxury Vinyl
Foundation: Poured Concrete
Lot: Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Open Lot
Parking: Gravel,5 - 10 Spaces, Detached, Heated Garage, Storage
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Trees/Woods
SQ FT Above Grade: 1572
SQ FT Below Grade: 0
Water: Public
31 Tibbetts Street | MLS# 1685192
This multi-family property located at 31 Tibbetts Street, Brewer, ME 04412 is currently listed for sale with an asking price of $328,800. Search Brewer real estate on rachelmoyse.masiellogrouprealestate.com today.