996 State Street

Bangor, ME 04401
Baths
3
Square Ft.
1,350
$300,000
Investor alert — fully occupied 3-unit in a prime State Street location! Currently zoned as a two-unit, this beautiful historic building offers strong rental income and even stronger potential. One unit has been fully renovated and shows beautifully, while the other two are occupied by long-term tenants with below-market rents, leaving room to significantly improve cash flow through updates. The lot is spacious and well-located, just minutes from downtown, the hospital, and parks. With charm, location, and upside all in one package, this is a Bangor investment opportunity you don't want to miss.
Market LogoCourtesy of CENTURY 21 Queen City Real Estate 207-942-4618
Listing Snapshot
Days Online
5
Last Updated
Full Baths
3
Square Ft.
1,350
Lot Size
0.69 Acres
Year Built
1900
MLS Number
1621127
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Bulkhead", "Brick/Mortar", "Full", "Unfinished"
Building
Architectural Style: "Victorian", Building Area Total: 1,350, Construction Materials: "Wood Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1900, 2 stories
Cooling
Cooling: "None"
Accessibility Features
Accessibility Features: "32 - 36 Inch Doors"
Expenses
Operating Expense: $17,515
Exterior Features
Other Equipment: "Internet Access Available", Patio And Porch Features: "Deck", Patio And Porch Features: "Deck"
Floors
Flooring: "Laminate"
Foundation
Foundation Details: "Granite", "Brick/Mortar"
Heating
Heating: "Radiator", "Forced Air", Heating Included
Income
Gross Income: $45,600
Interior Features
Features: "1st Floor Bedroom", "Bathtub", "Shower"
Lot
Features: "Well Landscaped", "Open", "Wooded", "Intown", "Near Golf Course", "Near Shopping", "Near Town", "Near Public Transit", 0.69 acres, Area: 0.69, 30,056 square feet
Owner Pays
Owner Name: Scott Family Properties
Parking
Features: "5 - 10 Spaces", "Paved"
Pets Policy
Pets Allowed: "Breed Restrictions"
Property
Parcel Number: BANG-000071R-000000-000031, Zoning: Residential
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $3,128, Tax Lot: 031
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04401
$309k
0%
(avg) sold price
26
-16%
homes sold
39
0%
(avg) days on market
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Fred Andrews
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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.