54-56 Third Street

Bangor, ME 04401
Baths
2
Square Ft.
2,364
$469,000
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.
Market LogoCourtesy of List With Freedom.com 855-456-4945
Listing Snapshot
Days Online
639
Last Updated
Full Baths
2
Square Ft.
2,364
Lot Size
0.09 Acres
Year Built
1920
MLS Number
1591648
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Full", "Not Applicable"
Building
Architectural Style: "Other", Building Area Total: 2,364, Construction Materials: "Fiber Cement", "Wood Frame", Number Of Units Total: 2, Year Built: 1920
Cooling
Cooling: "None"
Expenses
Operating Expense: $0
Floors
Flooring: "Wood", "Tile"
Garage
Attached Garage, Garage Included, 2 garage spaces
Heating
Heating: "Radiant", "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $46,800
Lot
Features: "Corner Lot", "Level", "Sidewalks", "Intown", "Near Shopping", 0.09 acres, Area: 0.09, 3,920 square feet
Owner Pays
Owner Name: General Interests, LLC
Parking
Features: "1 - 4 Spaces", "Paved"
Property
Parcel Number: BANG M:034 L:205, Zoning: Residential Lot
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,395, Tax Lot: 205
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
$0
30 Days Snapshot Of 04401
$357k
+17%
(avg) sold price
23
-28%
homes sold
39
-26%
(avg) days on market
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.