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Multi-Family for Sale: 54-56 Third Street, Bangor, ME 04401

2 full baths
$489,900
$489,900
54-56 Third Street, Bangor, ME 04401
2 full baths
$489,900
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Price:
$489,900
$9,100 - 07/29/2024

Type Multi-Family
Style Duplex
Total Baths 2 full baths
Square Feet 2,364 sqft
Lot Size 0.09 acres
Year Built 1920
Taxes Paid $4,394

City Bangor
County Penobscot
School District Penobscot Public Schools

MLS 1591648
Status Active
DOM 176 days
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.

Room Features

Basement Description Full, Not Applicable

Lot & Building Features

Cooling None
Tax Year 2024
Taxes Paid $4,394

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 4
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4

Price History of 54-56 Third Street, Bangor, ME

Date Name Price Difference
07/29/2024 Price Adjustment $489,900 1.82%
06/16/2024 Price Adjustment $499,000 0.18%
05/31/2024 Listing Price $499,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$350,000
$137 / sqft
Average
$355,000
$145 / sqft
High
$360,000
$153 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Bangor 04401 0 2.0 $489,900 2,364 $207 N/A
267 Ohio Street Bangor 04401 0 2.0 $350,000 2,562 $137 05/13/2024
27 Elm Street Brewer 04412 0 3.0 $360,000 2,350 $153 07/01/2024

Map of 54-56 Third Street, Bangor, ME

Location Map Street View
Listed by List With Freedom.com, Ralph Harvey 855-456-4945
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54-56 Third Street (MLS #1591648) is a duplex multi-family listing located in Bangor, ME. This multi-family listing is 2,364 sqft and on a lot of 3,920 sqft (or 0.09 acres) and is 104 years old. This property was listed on 05/31/2024 and has been priced for sale at $489,900.

The multi-family listing at 267 Ohio Street in Bangor is nearby and sold for $350,000 on 05/13/2024. Another nearby multi-family listing, 27 Elm Street in Brewer sold for $360,000 on 07/01/2024.

Nearby zip codes are 04412, 04429, 04444, 04473 and 04474. This property neighbors other cities such as Brewer, Glenburn, Hampden, Orrington and Veazie.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: List With Freedom.com

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.