$1,289,900

House for sale Bangor
Property photo number 1 of 16 Photos for Property. File  98691391_29_e34ab5141c9169f90d56bb463d075203.jpeg

Overview

SUMMARY: Discover an opportunity with this Bangor house for sale and available for $1,289,900. This could be your next ideal home or a smart investment. More details await.
A rare and impressive opportunity to own an 8-unit multi-family in the historic heart of Bangor, offering strong upside for either an investor or future owner-occupant. This stately brick property features a well-balanced unit mix a" five 1-bedroom units, one 2-bedroom unit, and two expansive 3-bedroom penthouse-style apartments a" providing excellent versatility and strong market demand across multiple rental demographics.Inside, the building showcases a thoughtful combination of preserved period details and modern enhancements. Original woodwork and architectural character remain intact, complemented by beautifully updated interiors. Each unit features granite-appointed kitchens with stainless-steel appliances, custom-tiled baths with quality finishes, solid oak flooring, and newer windows, creating a warm and refined living environment that sets the building apart from typical rental stock.Behind the scenes, all major building systems have been responsibly upgraded a" including new plumbing throughout, a complete electrical overhaul with upgraded service entrance, and a full roof system replacement in 2019. Additionally, extensive repointing of the brick exterior enhances structural longevity and curb appeal. The property also offers a generous off-street parking area to the rear of the building, accommodating all units a" a significant advantage in an in-town location.With 100% occupancy, long-term responsible tenants, and a very strong rental history, this building represents a stable and turnkey addition to any real estate portfolio. Its proximity to downtown Bangor provides walkable access to shops, restaurants, entertainment, public transportation, and employment centers a" supporting ongoing tenant retention and future rental rate potential.This property truly delivers the best of both worlds: architectural charm and durability, coupled with modern amenities and secure income performance. Rent roll and financials available upon request.
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Bangor ME 04401

House for sale

  • Baths: 8
  • Price: $1,289,900
  • Area: 12,418 sqft

Location

Bangor ME 04401

House for sale

< House Bangor

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This House for sale is located at Bangor ME 04401. The home has and 8 Bathrooms. This House in Bangor ME is for sale for $1,289,900 .

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