120 Forest Ave Bangor, ME 04401
Central Bangor NeighborhoodEstimated payment $2,232/month
Highlights
- Deck
- New Englander Architecture
- Corner Lot
- Abraham Lincoln School Rated 10
- Attic
- 2-minute walk to Chapin Park
About This Home
Discover exceptional value and versatility in this in-town duplex, perfectly situated close to local shops, schools, hospitals, and commuter routes. Each unit offers 2 bedrooms and 1 full bath, providing solid rental potential or an ideal owner-occupied setup. The fully remodeled upper unit shines with high-end finishes, modern appliances, and a beautiful new second-floor deck featuring a custom live-edge bar top - a perfect spot to relax or entertain. The first-floor unit is rent-ready, needing only a few finishing touches to maximize its potential. A dry, functional basement provides washer/dryer hookups and extra usable space, ideal for storage or a small workshop. Outside, the property features a large detached 2-car garage - a valuable amenity for tenants or owners alike. Additional updates include newer windows, a natural gas boiler, and a new hot water tank.
Whether you're an investor or looking for a home with rental income, this well-maintained duplex is a must-see.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,754
Year Built
- Built in 1880
Lot Details
- 6,098 Sq Ft Lot
- Landscaped
- Corner Lot
- Level Lot
- Open Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Duplex
- New Englander Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,032 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Attic
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Shower Only
Unfinished Basement
- Interior Basement Entry
- Sump Pump
Utilities
- Cooling Available
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
- Internet Available
Additional Features
- Doors are 32 inches wide or more
- Deck
- City Lot
Listing and Financial Details
- Tax Lot 195
- Assessor Parcel Number BANG-000047-000000-000195
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $3,500
- Gross Income $14,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,754 | $256,300 | $19,400 | $236,900 |
| 2023 | $4,456 | $232,700 | $19,400 | $213,300 |
| 2022 | $4,019 | $197,000 | $19,400 | $177,600 |
| 2021 | $3,818 | $171,200 | $18,000 | $153,200 |
| 2020 | $3,872 | $166,900 | $18,200 | $148,700 |
| 2019 | $3,687 | $160,300 | $18,200 | $142,100 |
| 2018 | $3,376 | $147,100 | $18,200 | $128,900 |
| 2017 | $3,227 | $143,100 | $18,200 | $124,900 |
| 2016 | $3,148 | $139,900 | $18,200 | $121,700 |
| 2015 | $3,071 | $139,900 | $18,200 | $121,700 |
| 2014 | $2,976 | $136,500 | $18,200 | $118,300 |
| 2013 | $2,947 | $141,700 | $18,200 | $123,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $349,000 | -- | $172 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $126,000 | Unknown |
Source: Maine Listings
MLS Number: 1644015
APN: BANG-000047-000000-000195
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