Seller's Agent in 2024
Corey Dunn
EXP Realty
(207) 949-2425
9 in this area
96 Total Sales
96 E Broadway Bangor, ME 04401
Central Bangor Neighborhood
--
Bed
4
Baths
4,000
Sq Ft
40,511
Sq Ft Lot
Highlights
- Additional Residence on Property
- 0.93 Acre Lot
- No HOA
- Fruit Street School Rated 10
- Raised Ranch Architecture
- Bathtub
About This Home
As of May 20242 Duplexes - 4 Units - Additional Subdivision Building Lot - Investor's Dream! -----
Step into this fantastic multifamily property, perfectly positioned in a bustling town locale, offering not one, but two charming duplexes on a generous lot. Picture this: two duplexes, each internal unit a mirror image of the other, providing easy, no-fuss living arrangements. True duplexes. -----
Currently, the rents are a steal, sitting comfortably below market value, yet still turning a tidy profit. This setup is a dream for investors looking to make their money work for them, or for savvy homebuyers seeking a place to call home with the added bonus of rental income. a 50% increase in rents would easily be supported in this market and still be very competitive. -----
Each of the four units boasts two cozy bedrooms and a well-sized bathroom, making them ideal for comfortable living. Tucked away behind the duplexes is private parking and a driveway, leading to an extra building lot included in the sale. Imagine the possibilities! -----
With roofs less than six years old, you can rest easy knowing that maintenance won't be a headache. And if you're curious about layouts, we've got you covered with available floor plans. -----
Ready to seize the opportunity of a lifetime? Come and see for yourself what awaits at this prime Bangor location. 2 duplex units and an additional building lot ready for expansion. -----
Your multifamily dream home is waiting!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,330
Year Built
- Built in 1981
Lot Details
- 0.93 Acre Lot
- Level Lot
- Open Lot
Parking
- Gravel Driveway
Home Design
- 4,000 Sq Ft Home
- Raised Ranch Architecture
- Ranch Style House
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Shingle Siding
- Vinyl Siding
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Full Bathrooms
- Bathtub
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
Additional Features
- Washer and Dryer Hookup
- Additional Residence on Property
- City Lot
Listing and Financial Details
- Tax Lot 004/004B
- Assessor Parcel Number BANG-000044-000000-000004
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $11,430
- Gross Income $51,600
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $520,000 | -9.5% | $130 / Sq Ft |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- |
| 04/18/2024 04/18/24 | For Sale | $574,900 | -- | $144 / Sq Ft |
Source: Maine Listings
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 | $9,158 | $493,700 | $70,800 | $422,900 |
| 2023 | $8,200 | $428,200 | $70,800 | $357,400 |
| 2022 | $7,364 | $361,000 | $70,800 | $290,200 |
| 2021 | $6,732 | $301,900 | $65,500 | $236,400 |
| 2020 | $3,337 | $289,800 | $65,500 | $224,300 |
| 2019 | $337 | $278,200 | $65,500 | $212,700 |
| 2018 | $3,502 | $267,700 | $65,500 | $202,200 |
| 2017 | $6,029 | $270,600 | $65,500 | $205,100 |
| 2016 | $2,774 | $264,700 | $65,500 | $199,200 |
| 2015 | $5,834 | $265,800 | $65,500 | $200,300 |
| 2014 | $5,725 | $262,600 | $65,500 | $197,100 |
| 2013 | $5,462 | $262,600 | $65,500 | $197,100 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Dunn
-
Collin Cunning
C
Buyer's Agent in 2024
Collin Cunning
Worth Real Estate, Inc.
(207) 370-9102
1 in this area
78 Total Sales
Map
Source: Maine Listings
MLS Number: 1586762
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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