NOT LISTED FOR SALE
-- Bed
6.5 Baths
3,461 Sq Ft
10,454 Sq Ft Lot

Last Sold July 06, 2023

Last sale price $330,000 $95 Per Sq Ft

126 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Victorian Architecture
  • William S. Cohen School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2023

Investors take notice of this incredible four unit hidden in the heart of Bangor! This property features a stunning Victorian style home with 3 fully renovated units on the back. The first unit is a furnished one bedroom one bathroom with brand new heat pump, heat pump hot water heater, and windows. The second unit is a furnished efficiency with new windows, bathroom, heat pump, and heat pump hot water heater. The third unit is a furnished studio that features a new kitchen with self closing cabinets and drawers, new refrigerator and microwave, new bathroom, new windows, and new flooring!

The Victorian home has been gutted with with four spacious bedrooms and three and a half bathrooms. The demo work has been done for you and is being sold As-Is but all building materials and brand new appliances that are inside the home will be included with the sale, awaiting their future renovation! This main home needs all new electrical and plumbing to be brought up to code. The kitchen features newer cabinets with some slide out drawers and a new refrigerator. The first floor has lots of potential for a dining room, parlor/living room, or a first floor bedroom. The original craftsmanship has been saved throughout the home, including the wooden staircase leading to the second floor. This home features hardwood and laminate flooring throughout, an NTI heating unit in the basement, & natural gas on site! There are 4 electric meters, so each unit runs separately.

The 2 story, 3 bay carriage house has plenty of additional storage space in the back with original stain-glass windows. The backyard is a spacious in town get away with brand new cedar fencing. Located just minutes from hospitals, downtown, shopping, and more!

Last Agent to Sell the Property

Kortnie Mullins

Realty of Maine Listed on: 02/03/2023

Realty of Maine

Co-Listed By

Macie Melvin

Realty of Maine

Last Buyer's Agent

Lewis Morris Nicole Drake

NextHome Experience

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 1866

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 3,461 Sq Ft Home
  • 3-Story Property
  • Screened Porch

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number BANG-000048-000000-000038

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $9,126
  • Gross Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,849

Year Built

Built in 1866

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2165
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Directions: From Main Street in downtown Bangor, turn right onto Hammond Street. Continue for 0.5 miles then turn left onto Essex Street. In 0.3 miles the house is on the right.
  • Above Grade Finished Sq Ft: 3461.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1866
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 3461.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: 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
  • Property Information:Garage Spaces: 3.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 66000.0
  • Income Expenses Operating Expenses: 9125.69
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Vehicle Storage:Storage Above: Yes
  • Water Heater:Heat Pump2: Yes
  • Transportation:Public Transport Access: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Laminate
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, Common, Detached, Off Street, Storage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: BANG-000048-000000-000038
  • Zoning: res/multi

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 66000.0
  • Annual Operating Expense: 9125.69

Tax Info

  • Tax Annual Amount: 4849.0
  • Tax Book Number: 16350
  • Tax Lot: 38
  • Tax Map Number: 48
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $330,000 -10.8% $95 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $369,900 +101.0% $107 / Sq Ft
05/31/2019 05/31/19 Sold $184,000 -13.2% $53 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
11/09/2018 11/09/18 For Sale $212,000 -- $61 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1551907

Maine Listings