T
Seller's Agent in 2018
Tara Roy
Realty of Maine
6 Blackstone St Bangor, ME 04401
Little City NeighborhoodEstimated Value: $296,010 - $443,000
6
Beds
8.5
Baths
7,980
Sq Ft
$43/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Cooling Available
- William S. Cohen School Rated A-
- No HOA
- Forced Air Heating System
About This Home
As of October 2018Shut the front door! No, seriously! Whether you are a real estate investor, or an owner occupant seeking a property that pays for itself, this is such a good deal you'll want to keep all the other buyers from getting in. BANGOR multi-family includes 7 units (primarily duplexes, plus 1 single family home) on 3 lots in sought after Little City neighborhood. Seller says he is ready to retire after 30 years of ownership/management and asked us to price his property portfolio to ensure a speedy and smooth sale. The buildings are meticulously maintained; the units are spacious and updated; and the rents are strong. From the seller’s verifiable operating statement and net income, a lucky buyer will a beat the market by a long shot with a better than 12% capitalization rate. Get ready to buy now, because the Seller is motivated to pass the keys tomorrow!
Last Agent to Sell the Property
Tara Roy
Realty of Maine Listed on: 08/01/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,237
Year Built
- Built in 1910
Lot Details
- 0.28 Acre Lot
- Level Lot
- Open Lot
Home Design
- 7,980 Sq Ft Home
- Duplex
- Colonial Architecture
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Clap Board Siding
- Clapboard
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Gravel Driveway
- Off-Street Parking
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
Additional Features
- City Lot
Listing and Financial Details
- Tax Lot 81,82,87A
- Assessor Parcel Number 4007, 4006, 2966
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- Operating Expense $18,214
- Gross Income $95,100
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Mnr Properties Llc | $411,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2018 10/05/18 | Sold | $517,280 | -5.9% | $65 / Sq Ft |
| 08/08/2018 08/08/18 | Pending | -- | -- | -- |
| 08/01/2018 08/01/18 | For Sale | $550,000 | -- | $69 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,020 | $216,700 | $12,500 | $204,200 |
| 2023 | $3,763 | $196,500 | $12,500 | $184,000 |
| 2022 | $3,362 | $164,800 | $12,500 | $152,300 |
| 2021 | $3,060 | $137,200 | $11,600 | $125,600 |
| 2020 | $3,004 | $129,500 | $11,600 | $117,900 |
| 2019 | $2,859 | $124,300 | $11,600 | $112,700 |
| 2018 | $2,240 | $97,600 | $11,900 | $85,700 |
| 2017 | $2,173 | $97,500 | $11,900 | $85,600 |
| 2016 | $2,147 | $95,400 | $11,900 | $83,500 |
| 2015 | $2,094 | $95,400 | $11,900 | $83,500 |
| 2014 | $1,995 | $91,500 | $11,900 | $79,600 |
| 2013 | $1,903 | $91,500 | $11,900 | $79,600 |
Source: Public Records
Agents Affiliated with this Home
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Buyer's Agent in 2018
Robin Wellman
Keller Williams Realty
(207) 879-9800
83 Total Sales
Map
Source: Maine Listings
MLS Number: 1363451
APN: BANG-000039-000000-000081
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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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