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57 photos
Listed by NextHome Experience
Bought with Realty of Maine
Bought with Realty of Maine
$405,000
$420,000 3.6%
4 Baths
3,442 SqFt
UPDATED:
Key Details
Sold Price $405,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,442 sqft
MLS Listing ID 1636637
Style Other,Colonial
Full Baths 4
Year Built 1900
Annual Tax Amount $7,572
Tax Year 2025
Lot Size 6,534 Sqft
Property Description
Don't miss your chance to own two properties on one lot in one of Bangor's most desirable neighborhoods. This unique package features four total units, providing instant scale for your portfolio. Located in the sought-after Tree Street District, the properties are surrounded by a vibrant, walkable community with strong rental demand.
Three of the four units are already rented long-term, delivering immediate cash flow and stability from day one. With one unit available for an owner-occupant or new tenant, you have flexibility to maximize returns. The Tree Street area's reputation for charm and convenience ensures ongoing demand, making vacancies rare and rent growth steady.
Opportunities like this rarely come on the market — especially with multiple units on a single lot in such a prime location. Whether you're looking to expand your existing holdings or make a smart entry into Bangor's multifamily market, this property checks all the boxes: location, cash flow, and future appreciation potential. Property is Broker Owned.
Three of the four units are already rented long-term, delivering immediate cash flow and stability from day one. With one unit available for an owner-occupant or new tenant, you have flexibility to maximize returns. The Tree Street area's reputation for charm and convenience ensures ongoing demand, making vacancies rare and rent growth steady.
Opportunities like this rarely come on the market — especially with multiple units on a single lot in such a prime location. Whether you're looking to expand your existing holdings or make a smart entry into Bangor's multifamily market, this property checks all the boxes: location, cash flow, and future appreciation potential. Property is Broker Owned.
Location
State ME
County Penobscot
Zoning URD1
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl, Tile, Carpet
Equipment Internet Access Available
Laundry Washer Hookup
Exterior
Parking Features 5 - 10 Spaces, Gravel, On Site
View Y/N No
Roof Type Metal,Shingle
Building
Lot Description Open, Level, Sidewalks, Intown, Neighborhood
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Asbestos,Wood Frame
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