15 Grace Ct Bangor, ME 04401
West Bangor NeighborhoodEstimated payment $1,554/month
Highlights
- Deck
- Main Floor Bedroom
- Property is near shops
- New Englander Architecture
- Porch
- Ceiling Fan
About This Home
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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,669
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
- Lot Has A Rolling Slope
Parking
- Paved Parking
Home Design
- New Englander Architecture
- Brick Foundation
- Stone Foundation
- Poured Concrete
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,144 Sq Ft Home
- 3-Story Property
- Ceiling Fan
Flooring
- Carpet
- Linoleum
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Outdoor Features
- Deck
- Porch
Utilities
- No Cooling
- High-Efficiency Furnace
- Baseboard Heating
- Hot Water Heating System
- Electricity To Lot Line
Additional Features
- Doors are 32 inches wide or more
- Property is near shops
Listing and Financial Details
- Tax Lot 38
- Assessor Parcel Number BANG-000030-000000-000038
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $6,786
- Gross Income $25,200
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 |
|---|---|---|---|---|
| 2025 | $2,669 | $150,800 | $12,400 | $138,400 |
| 2024 | $2,514 | $135,500 | $12,000 | $123,500 |
| 2023 | $2,384 | $124,500 | $12,000 | $112,500 |
| 2022 | $2,189 | $107,300 | $12,000 | $95,300 |
| 2021 | $2,194 | $98,400 | $11,200 | $87,200 |
| 2020 | $0 | $91,400 | $10,900 | $80,500 |
| 2019 | $2,006 | $87,200 | $10,900 | $76,300 |
| 2018 | $0 | $82,700 | $10,900 | $71,800 |
| 2017 | $1,832 | $82,100 | $10,900 | $71,200 |
| 2016 | $1,814 | $80,600 | $10,900 | $69,700 |
| 2015 | $1,769 | $80,600 | $10,900 | $69,700 |
| 2014 | $1,733 | $79,500 | $10,900 | $68,600 |
| 2013 | $1,654 | $79,500 | $10,900 | $68,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2026 05/19/26 | For Sale | $249,900 | -- | $218 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Maine Listings
MLS Number: 1662790
APN: BANG-000030-000000-000038
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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