64 Cedar St Bangor, ME 04401
West Bangor NeighborhoodEstimated payment $2,756/month
Highlights
- Colonial Architecture
- Property is near public transit
- Corner Lot
- Deck
- Wood Flooring
- 2-minute walk to Davenport Park
About This Home
Investors Take Notice! Fantastic opportunity to own this income-producing 5-unit property complete with a 6 unit storage building. Conveniently located close to downtown, this property offers plenty of parking for tenants and guests. Strong rental history with room for even more growth. Key features include: Natural gas heat for efficiency, newer deck for added value, updated kitchen in one of the units, and refinished hardwood floors in select areas
With reliable tenants already in place and tons of potential to increase returns, this property is a must-see for any serious investor. 48-hour notice required for showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,124
Year Built
- Built in 1880
Lot Details
- 9,148 Sq Ft Lot
- Corner Lot
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- Brick Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 6 Full Bathrooms
- 5,015 Sq Ft Home
- 4-Story Property
Flooring
- Wood
- Carpet
- Laminate
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Brick Basement
- Exterior Basement Entry
Accessible Home Design
- Doors are 32 inches wide or more
Outdoor Features
- Deck
- Outbuilding
Location
- Property is near public transit
- Property is near a golf course
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Internet Available
Listing and Financial Details
- Tax Lot 159
- Assessor Parcel Number BANG-000035-000000-000159
Community Details
Overview
- No Home Owners Association
- 5 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $29,287
- Gross Income $67,100
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 | $5,124 | $276,200 | $20,200 | $256,000 |
| 2023 | $4,832 | $252,300 | $20,200 | $232,100 |
| 2022 | $4,423 | $216,800 | $20,200 | $196,600 |
| 2021 | $4,444 | $199,300 | $18,700 | $180,600 |
| 2020 | $4,280 | $184,500 | $17,800 | $166,700 |
| 2019 | $4,087 | $177,700 | $17,800 | $159,900 |
| 2018 | $3,821 | $166,500 | $17,300 | $149,200 |
| 2017 | $4,028 | $180,700 | $18,800 | $161,900 |
| 2016 | $3,980 | $176,900 | $18,800 | $158,100 |
| 2015 | $3,890 | $177,200 | $18,800 | $158,400 |
| 2014 | $3,582 | $164,300 | $18,800 | $145,500 |
| 2013 | $3,598 | $173,000 | $19,900 | $153,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/22/2025 10/22/25 | Pending | -- | -- | -- | |
| 09/11/2025 09/11/25 | For Sale | $445,000 | +78.0% | $89 / Sq Ft | |
| 11/23/2020 11/23/20 | Sold | $250,000 | -5.7% | $50 / Sq Ft | View Prior Sale |
| 10/15/2020 10/15/20 | Pending | -- | -- | -- | |
| 10/05/2020 10/05/20 | For Sale | $265,000 | +32.5% | $53 / Sq Ft | |
| 05/31/2017 05/31/17 | Sold | $200,000 | -22.1% | $39 / Sq Ft | View Prior Sale |
| 03/27/2017 03/27/17 | Pending | -- | -- | -- | |
| 01/04/2017 01/04/17 | For Sale | $256,750 | -- | $50 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,000 | New Conventional |
Source: Maine Listings
MLS Number: 1637375
APN: BANG-000035-000000-000159
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