$235,000
SOLD JUN 27, 2025
-- Bed
2 Baths
2,416 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

19% Below List Price

69 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Attic
  • Colonial Architecture
  • Main Floor Bedroom
  • 3-minute walk to Bass Park

About This Home

As of June 2025

Bangor investment opportunity with proven cashflow for this Large fully rented Duplex Located just Walking distance to the Waterfront Concerts, Cross insurance Arena, Downtown Bangor Area, Grocery store, High end restaurants, Interstate access and more!
The tenants currently in place both have long-term excellent rental history. Both apartments feature 2 Bedrooms, 1 Bath, Large Living room, separate Dining Room and eat in Kitchens. There is shared laundry space and an addition on the back of the building that is currently used as storage space for each tenant but could possibly be converted to more living space. The second floor has an Bonus room at the top of the stairs that could be used as an additional bedroom or office space. There is also plenty of off street parking for 4-5 cars. Recent improvements include a New metal roof and Propane Heating system. Schedule your private showing today!

Last Agent to Sell the Property

Julie Clukey

Realty of Maine Listed on: 03/18/2025

Realty of Maine

Last Buyer's Agent

Racheal Cousins

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Attic

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • Property is near shops
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number BANG-000026-000000-000033

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,182
  • Gross Income $31,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,382

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main Street in Bangor turn Right on March Street the property is on your right.
  • Above Grade Finished Sq Ft: 2416.0
  • Architectural Style: Other, Colonial
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2416.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 31596.0
  • Income Expenses Operating Expenses: 5182.0
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Basement:BrickMortar: Yes
  • Roads:Dead End: Yes
  • Property Information:Deed Restrictions: Unknown
  • Building Info:_pound_ Floors3: 2
  • Levels:Multi-Level3: Yes
  • Structure Type:Duplex3: Yes
  • Heat System:Zoned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior, Brick/Mortar, Dirt Floor, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Retail Strip, Shopping Mall
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Other, Brick/Mortar
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions, Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: BANG-000026-000000-000033
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31596.0
  • Annual Operating Expense: 5182.0

Tax Info

  • Tax Annual Amount: 3382.0
  • Tax Book Number: 10803
  • Tax Lot: 33
  • Tax Map Number: 26
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Jun 26, 2025
Sold by
Smith Mark
Bought by
Jgh Llc
Seller's Agent
Julie Clukey
Realty of Maine
Buyer's Agent
Racheal Cousins
NextHome Experience
List Price
$289,000
Sold Price
$235,000
Premium/Discount to List
-$54,000
-18.69%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.75%
Original Mortgage
$176,250
Outstanding Balance
$176,100
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,561

Purchase Details

Closed on
Jan 18, 2007
Sold by
Roy Kelli and Manigault Kelli A
Bought by
Smith Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9.65%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $235,000 None Available
Warranty Deed $235,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,250 Purchase Money Mortgage
Closed $176,250 Purchase Money Mortgage
Previous Owner $8,400 Unknown
Previous Owner $9,150 Unknown
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $235,000 -7.5% $97 / Sq Ft
05/19/2025 05/19/25 Price Changed $254,000 -4.5% $105 / Sq Ft
05/12/2025 05/12/25 Price Changed $266,000 -4.0% $110 / Sq Ft
04/22/2025 04/22/25 Price Changed $277,000 -2.8% $115 / Sq Ft
04/07/2025 04/07/25 Price Changed $284,900 -1.4% $118 / Sq Ft
03/18/2025 03/18/25 For Sale $289,000 -- $120 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $3,382 $182,300 $13,900 $168,400
2023 $3,175 $165,800 $13,900 $151,900
2022 $2,693 $132,000 $13,100 $118,900
2021 $2,558 $114,700 $12,200 $102,500
2020 $2,707 $103,100 $11,500 $91,600
2019 $2,634 $99,100 $11,500 $87,600
2018 $2,105 $91,700 $11,500 $80,200
2017 $2,287 $101,400 $9,000 $92,400
2016 $2,348 $99,100 $9,000 $90,100
2015 $2,175 $99,100 $9,000 $90,100
2014 $2,126 $97,500 $9,000 $88,500
2013 $2,028 $97,500 $9,000 $88,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1616457

Maine Listings

APN: BANG-000026-000000-000033