This in-town, well-maintained duplex offers a fantastic opportunity whether you're looking to invest or occupy one unit while generating rental income. The first-floor unit, leased until May 2025, features 2 bedrooms and 1 bathroom, providing a reliable rental income stream. The second-floor unit, currently owner-occupied and vacant, offers 1 bedroom and 1 bathroom with a recently installed heat pump for added comfort and efficiency. The property is equipped with a hot water baseboard heating system powered by oil. Ample parking is available, and the convenient in-town location places it close to local amenities. Whether you're an investor or someone looking for a property that offers flexibility, this duplex provides the perfect blend of income potential and owner-occupied living. Contact me today for more details or to schedule a showing!
Welcome to this charming home in the heart of Bangor. Featuring a natural gas furnace for efficient heating and beautiful wood floors throughout. First Unit features three spacious bedrooms and two full bathrooms, this property offers comfort and style. The large living areas provide ample space. Unit two upstairs offers a small kitchenette, single bedroom and living area. Don't miss the opportunity to make this versatile and inviting property yours!
Fully Rented Duplex - Investment Opportunity in Bangor, Maine. This well-maintained duplex offers a great opportunity for investors looking to generate income in a vibrant and growing city. Located in Bangor, a hub for commerce, culture, and outdoor recreation in central Maine, this property provides spacious and functional living spaces for tenants. Unit 1: First Floor: Spacious kitchen, dining room, living room, and a full bathroom. Second Floor: Three generously sized bedrooms provide ample living space. Unit 2: First Floor: Kitchen, dining room, and living room for an open and inviting feel. Second Floor: Three bedrooms and a full bathroom ensure tenant convenience and comfort. Additional Features: Shared Laundry: Conveniently located for both units, enhancing tenant appeal. Prime Location: Situated in Bangor, tenants enjoy easy access to restaurants, shops, schools, healthcare facilities, and the scenic Bangor Waterfront. Outdoor Recreation: The property is near the Kenduskeag Stream Trail, with Acadia National Park and the beautiful Maine coastline just a short drive away. This property remains a solid income-generating opportunity in a city known for its strong rental demand and community appeal. Perfect for investors ready to step into Bangor's dynamic housing market. Don't miss out—schedule your private showing today!
Discover the potential of 176 Court Street, Bangor, ME 04401, a meticulously maintained 3-4 unit residential property situated in the heart of Bangor. Ideal for investors seeking stable income, this property features a mix of units ranging from 1-bedroom to 2-bedrooms, all leased to reliable tenants, including one who has resided for over 15 years. This investment stands out with its substantial Net Operating Income due to remarkably low operating expenses, ensuring profitable margins. Each unit offers comfortable living spaces with modern amenities and consistent updates to meet tenant needs, making it a turnkey operation for the new owner. Located in a prime area close to shops, schools, and public transportation, the building enjoys steady demand. Financially, the property generates $58,800 annually with an attractive 8% cap rate. This is a compelling opportunity for those looking to expand their portfolio or enter the market with a dependable, income-producing asset.
Welcome to this charming Victorian gem in the heart of Bangor! Nestled in a friendly, centrally located neighborhood, this well-maintained home boasts stunning period details, hardwood floors, and a turret! It's a perfect blend of classic character and modern convenience featuring 3-5 bedrooms and 3 full, updated bathrooms. The first floor's inviting layout includes a delightful living room with intricate moldings, a 2nd living area, bright dining room, laundry, full bath, downstairs bedroom or office and a custom kitchen perfect for everyday living. You'll find the remaining bedrooms and baths on the second floor. An exceptional highlight is the versatile in-law apartment with separate entrance, offering an additional bedroom and bathroom, ideal for guests or extended family if you choose. Alternatively, this space can be seamlessly used as a 5-bedroom, 3-bathroom home to suit your growing needs. This home is listed as a 2-unit with the city from long-ago apartment layout. It's been used as a SF for decades but complies with all ADU guidelines. From the street you'll find a large lot with green lawn and mature plantings. The driveway to your 2-car garage has been recently redone. Discover a lovely back deck and patio, designed for relaxation, enjoyment and privacy. The well-maintained landscaping frames a charming firepit area, perfect for cool Maine evenings! Convenience is key offering quick access to hospitals, shopping centers, I95, and downtown attractions. This Victorian treasure combines historical charm with modern comforts in a prime location, making it a perfect place to call home. Also listed under MLS 1603717
Large two family home on double lot with attached barn and workshop. Spacious grounds feature mature trees, plenty of parking, space for gardens, and fenced-in area. The first unit has two bedrooms, a kitchen, dining room, living room and full bath. Second level has two bedrooms, kitchen, living room, dining area and full bath. Hardwood floors, stained glass windows, built-in cabinets and formal stairway are just a few original features. Bring your tools and ideas and make this a beautiful home, investment property, or both. Also see MLS 1603993.
Investors take note! This exceptional two-unit property features two spacious 2-bedroom units, each with its own furnace and convenient washer/dryer hookup, ensuring tenant comfort and independence. Beautiful hardwood floors adorn both units, adding charm and character. Located on a prime in-town lot, you'll enjoy the convenience of being within walking distance to downtown and vibrant waterfront concerts. This property not only offers fantastic living spaces but also presents a lucrative investment opportunity in a desirable area. Zoned in URD-2 which allows up to 4 units. Don't miss out on this chance to own a piece of prime real estate!
Investment opportunity with this 2 unit property. Conveniently located near all of Bangor and Brewer amenities. The lower apartment features two bedrooms and one bath, providing ample space for tenants to call home. The upper apartment offers two bedrooms and one bath, with additional space in the attic. Attic has potential to be finished. With separate electric meters and two natural gas furnaces, each unit ensures individualized comfort and convenience for tenants.
Make your portfolio pop with these two charming single-family homes situated on a single lot in an ideal in-town location. Nestled off a private road, this unique property offers the best of both worlds: proximity to urban amenities and the serene privacy of a secluded retreat. 7 Bowdoin Boasts four bedrooms and one bathroom. 49 Bowdoin has 2+ bedrooms and one bathroom. Both homes have spacious kitchens and living rooms. Features include new roofs in September 2023.
Welcome to 71 Jefferson street! This 2 unit multi family is located in the heart of Bangor near downtown, hospitals, shopping and the list goes on. Each unit is 2 bedroom 1 bath, one on the first level and the other on the 2nd. This property has a great rental history. Each unit has their own laundry, off street parking and the back yard is even fenced in. Whether you're looking to expand your investment portfolio or seeking a home with rental income potential, this property presents a solid opportunity. Both units are currently leased, providing immediate returns.
Two multi units being sold together! One side is being lived in as a single family home and the other is partially finished but somewhat an open slate to do with as you'd like. 17 Boynton St is a 3 unit that has a few rooms updated that was used for a loved one to live in. 19 Boynton St is updated and being used as a single family home. One side has a private oasis to relax and entertain outside. It has a privacy fence, artificial turf and electricity in various spots. You won't want to miss the opportunity to invest in your future here!
Amazing Investment Opportunity! This completely gut renovated duplex features two 2-bedroom/1 bath units. The property received a major high end renovation in 2020 down to the studs. These pristine units have brand new solid oak flooring throughout, granite countertops and stainless steel appliances, tile bathrooms with custom glass showers and 2nd floor laundry. The original trim was carefully removed and refinished to perfection before being reinstalled. Each unit features a single car garage on the lower level with basement access through mudroom and storage area. This beautiful building has brand new plumbing, heating and electrical throughout. Utilities are separately metered for each unit. Each unit features its own high efficiency natural gas boiler with baseboard heat along with new windows, doors, insulation and newer roof. Properties share a large driveway which was paved at time of renovations. Units rent at high rates to high end professionals with tenants paying all their own utilities.
Back on the market through no fault of the property.Recent zone change to URD-2 ( 6-24-24).. Shared driveway leads to a spacious rear parking area- area immediately behind 107 has room for 3-4 cars. 100' from the public bus stop. Apt B is vacant. Full basement for storage. If fully occupied - $43,800. Single Family MLS # 1587717
FOUR UNIT APARTMENT COMPLEX, each with Kitchen/living room/one bedroom and full bathroom. Basement for storage, and parking out back. Natural gas wall unit approximately three years old. Several tenants have leased for over a year. Rents are below market. Property is centrally located to shopping, restaurants, city park and public transportation. Gross rental income is $48,912 (2024). Tenants pays electricity with the exception of one. Three leases are month to month, with the exception of one lease. Ready for an investor, great opportunity to live in one unit and rent out the other three!
Bangor is located in Maine. Bangor, Maine has a population of 31,920. Bangor is less family-centric than the surrounding county with 26.7% of the households containing married families with children. The county average for households married with children is 26.71%.
The median household income in Bangor, Maine is $49,652. The median household income for the surrounding county is $55,125 compared to the national median of $69,021. The median age of people living in Bangor is 39 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 42.4 inches per year, with 68.9 inches of snow per year.