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Multi-Family for Sale: 87 Cumberland Street, Bangor, ME 04401

4 full, 1 half baths
$525,000
$525,000
87 Cumberland Street, Bangor, ME 04401
4 full, 1 half baths
$525,000
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Price:
$525,000

Type Multi-Family
Style Multi-Level, Townhouse, Other Style
Baths 4 full, 1 half baths
Square Feet 3,996 sqft
Lot Size 0.11 acres
Year Built 1900
Taxes Paid $5,068

City Bangor
County Penobscot

MLS 1613996
Status Active
DOM 0 days
Spectacular 4-unit multi-family property, ideally located near NL EMMC and St. Joseph's hospitals. This well-maintained building offers high-end rental potential with a mix of furnished and unfurnished units, perfect for Airbnb, traveling nurses, or long-term tenants. A prime investment opportunity with excellent cash flow and strong return potential! Unit 1 (First Floor): Spacious 3 BR, 1 BA with a private laundry room and granite countertops. Unit 2 (Second Floor): 2 BR, 1.5 BA, unfurnished. Units 3 & 4 (Third Floor): Each is a 1 BR, 1 BA unit, fully furnished and move-in ready. Investment Highlights: ✔ High-income potential with a mix of short- and long-term rental options. ✔ Units 1, 3, and 4 are fully furnished—furnishings negotiable. ✔ Shared coin-operated laundry for Units 2, 3, and 4. ✔ Beautiful hardwood floors throughout most of the building. ✔ Two separate natural gas boilers & designated electric meters. ✔ Prime location within walking distance to downtown restaurants, theater, shopping, and both hospitals. A fantastic opportunity to own a turn-key, income-generating property in a thriving rental market! Schedule your showing today! This will not last long on the market!

Room Features

Basement Description Full, Walk-Out Access, Unfinished, Interior Entry

Lot & Building Features

Cooling A/C Units
Tax Year 2024
Taxes Paid $5,068

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Half Baths 1
Unit 1 of Rooms 7
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 5
Unit 3 Full Baths 1
Unit 3 of Bedrooms 1
Unit 3 of Rooms 4
Unit 4 Full Baths 1
Unit 4 of Bedrooms 1
Unit 4 of Rooms 4

Price History of 87 Cumberland Street, Bangor, ME

Date Name Price Difference
02/06/2025 Listing Price $525,000 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
$575,000
$146 / sqft
Average
$575,000
$146 / sqft
High
$575,000
$146 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Bangor 04401 0 5.0 $525,000 3,996 $131 N/A
199-201 Center Street Bangor 04401 0 5.0 $575,000 3,926 $146 11/21/2024

Map of 87 Cumberland Street, Bangor, ME

Location Map Street View
Listed by Realty of Maine, Evelyn Conrad & Hailey Breau 207-942-6310
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87 Cumberland Street (MLS #1613996) is a multi-level, townhouse, other style multi-family listing located in Bangor, ME. This multi-family listing is 3,996 sqft and on a lot of 4,792 sqft (or 0.11 acres) and is 125 years old. This property was listed on 02/06/2025 and has been priced for sale at $525,000.

The multi-family listing at 199-201 Center Street in Bangor is nearby and sold for $575,000 on 11/21/2024.

Nearby zip codes are 04412, 04429, 04444, 04462 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: Realty of Maine

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. ©2025 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.