The Hiram building with over 5000 sq ft of living space is an affordable housing property helping people transition to more long-term housing. This 16-room boarding house is also welcome to longer term guests. There is an onsite manager that helps maintain the building and place new guest in rooms. Built in placement resources (you could say from local nonprofit agencies instead of naming them all) with Preble St Veterans, The Homeless Shelter, Wabanaki Tribe, Shelter Plus Care, and Community Care help with vacancies. Updates include new lighting in all bedrooms, new subpanel, new back roof shingles, all rooms repainted, new bulkhead, window and soffit repair, 2 new heat zones (updated natural gas furnace). 3 shared bathrooms - one on each floor. Well established operating income - great opportunity for a real estate investor, nonprofit agency or property management company.

More Info

Location Information

Building Number18
StreetFirst Street

Building

Bathroom1
Square Feet5,090
Foundation MaterialsBrick/Mortar, Stone
BasementBulkhead, Dirt Floor, Finished, Full, Unfinished
1 Bedroom Units16
Stories3
Units16
Building ConstructionWood Frame
Num Floors3
Num Heating Units1
Num Water Heaters1
RoofShingle, Slate

Amenities

Amenities1st Floor Bedroom, Shower
Other AmenitiesBasement

Photos

Number of Photos11

Other

Last Img Trans Date03/03/2023
Modification Date03/17/2023
Lot48
Parking Spaces1 - 4 Spaces, Off Street, On Site
Year Built1880
View Count3

Rooms

Full Bath1

Location

StateME
LocationIntown, Near Shopping, Near Turnpike/Interstate, Neighborhood
Zip04401
Address18 First Street
CountyPenobscot
DrivewayGravel
Map42
Road Frontage DescriptionPaved, Public
SiteLevel
TownBangor
TransportationMajor Road Access, Near Airport, Public Transport Access

Exterior

ExteriorWood Siding

Utilities

WaterPublic
Heating FuelGas Natural
Heat SystemRadiator, Steam
CoolingNone
ElectricCircuit Breakers
GasNatural - At Street, Natural - On Site
Waste Water DisposalPublic Sewer

Basic Information

StyleMansard
SeasonalNo
MLS Number1553315
Agent ID016048
Broker NameRealty of Maine
Broker ID2165
List Price$574,900
MLS StatusActive
Property SubTypeMulti Family

Property

Road Frontage75
Acreage0.21
Leased LandNo
Sq Ft SourceAppraiser
Vehicle StorageNo Vehicle Storage
Water ViewNo

Property Information

ColorTan

Legal

Full Tax Amount$4,778
Zoning15 Multi Fam & Serv
Zoning OverlayNo

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18 First StreetBangor, ME 04401MLS Number 1553315

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