54-56 Third St Bangor, ME 04401
West Bangor NeighborhoodEstimated payment $2,806/month
Highlights
- Wood Flooring
- 2 Car Attached Garage
- 4-minute walk to Davenport Park
- No HOA
- Baseboard Heating
About This Home
Amazing Investment Opportunity! This completely gut renovated duplex features two 2-bedroom/1 bath units. The property received a major high end renovation in 2020 down to the studs. These pristine units have brand new solid oak flooring throughout, granite countertops and stainless steel appliances, tile bathrooms with custom glass showers and 2nd floor laundry. The original trim was carefully removed and refinished to perfection before being reinstalled. Each unit features a single car garage on the lower level with basement access through mudroom and storage area. This beautiful building has brand new plumbing, heating and electrical throughout. Utilities are separately metered for each unit. Each unit features its own high efficiency natural gas boiler with baseboard heat along with new windows, doors, insulation and newer roof. Properties share a large driveway which was paved at time of renovations. Units rent at high rates to high end professionals with tenants paying all their own utilities.
Listing Agent
List With Freedom.com Brokerage Phone: 855-456-4945 Listed on: 05/31/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,395
Year Built
- Built in 1920
Parking
- 2 Car Attached Garage
Home Design
- 2,364 Sq Ft Home
- Duplex
- Shingle Roof
Flooring
- Wood
- Tile
Utilities
- No Cooling
- Radiant Heating System
- Baseboard Heating
- Hot Water Heating System
Additional Features
- 2 Full Bathrooms
- 3,920 Sq Ft Lot
Listing and Financial Details
- Tax Lot 205
- Assessor Parcel Number BANG M:034 L:205
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $46,800
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 | $4,699 | $253,300 | $10,700 | $242,600 |
| 2023 | $4,395 | $229,500 | $10,700 | $218,800 |
| 2022 | $3,917 | $192,000 | $10,700 | $181,300 |
| 2021 | $3,766 | $168,900 | $9,900 | $159,000 |
| 2020 | $3,584 | $154,500 | $9,500 | $145,000 |
| 2019 | $2,155 | $93,700 | $9,500 | $84,200 |
| 2018 | $1,928 | $84,000 | $9,200 | $74,800 |
| 2017 | $2,119 | $95,200 | $10,000 | $85,200 |
| 2016 | $2,090 | $92,900 | $10,000 | $82,900 |
| 2015 | $2,039 | $92,900 | $10,000 | $82,900 |
| 2014 | $1,990 | $91,300 | $10,000 | $81,300 |
| 2013 | $2,001 | $96,200 | $10,600 | $85,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | Price Changed | $469,000 | -1.2% | $198 / Sq Ft | |
| 06/22/2025 06/22/25 | Price Changed | $474,900 | -2.1% | $201 / Sq Ft | |
| 05/17/2025 05/17/25 | Price Changed | $484,900 | -1.0% | $205 / Sq Ft | |
| 07/29/2024 07/29/24 | Price Changed | $489,900 | -1.8% | $207 / Sq Ft | |
| 06/16/2024 06/16/24 | Price Changed | $499,000 | -0.2% | $211 / Sq Ft | |
| 05/31/2024 05/31/24 | For Sale | $499,900 | +329.1% | $211 / Sq Ft | |
| 09/27/2018 09/27/18 | Sold | $116,500 | -16.8% | -- | View Prior Sale |
| 08/27/2018 08/27/18 | Pending | -- | -- | -- | |
| 05/01/2018 05/01/18 | For Sale | $139,987 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $93,200 | New Conventional | |
| Previous Owner | $104,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1591648
APN: BANG-000034-000000-000205
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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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