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Unlock substantial value with this versatile 3-unit multi-family property located in the heart of Bangor. Whether you are looking for a savvy owner-occupied residence to offset your mortgage or a turnkey addition to your investment portfolio, this property offers strong economic potential in a high-demand rental market. Unit Composition: 3 residential units totaling 3 bedrooms and 3 full baths. The owner chose not to fill 3rd unit for listing, but has had all 3 units filled and had interest in the current unit. At 700 USD per unit, leases are currently below market value and generate roughly ~25000 USD, gross, per year. Turnkey Portfolio Addition: Benefit from established rental history and the opportunity to optimize the 3rd unit for maximum economic performance. Expenses for 2025 were 6,787.63 USD (natural gas for heat and hot water for all tenants, the building share of water/sewer/electric, insurance and property taxes)--NOI of over 18000! Owner-Occupied Advantage: Use the rental income from two units to significantly offset your mortgage while building equity in a competitive Maine market.
Property Type(s):
Multi Family
| Last Updated | 5/19/2026 | Year Built | 1900 |
|---|---|---|---|
| County | Penobscot |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | Full, Interior Entry, Sump Pump, Unfinished, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Baseboard, Hot Water |
| LOT | 3049 sq ft |
| LOT DESCRIPTION | Rolling Slope |
| LOT DIMENSIONS | 0.07 |
| MLS STATUS | Active |
| PARKING | Paved |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | New Englander, Other |
| TAXES | 2669 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
Listing provided by Realty of Maine
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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