12 Wiley StreetBangor, ME 04401MLS Number 1581900

  • Sale Price: $345,000
  • 266 Days Since Sale
Print
$
$
%
$/month over payments
Federal 30-year interest rate: 7.04% last updated on Jan 16, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Sold
12 Wiley Street Bangor ME 04401
QR Code
  • 3,496Square Feet
  • 0.15Acreage
  • 4Bathrooms
  • 1910Year Built

Driving Directions

ATTENTION INVESTORS- this BANGOR apartment building is a money-making diamond in the rough. Capitalize on the untapped potential of this property by increasing rents (currently below market) and implementing strategic improvements, unlocking a lucrative opportunity in the thriving Bangor rental market. There's 2 two-bedroom units (including one with 2 bathrooms and another that has a rooftop deck), 1 large one bedroom, plus additional bonus space and a coin-op laundry room for added income. This building is enhanced with the recent installation of a metal roof. You and your tenants will appreciate the efficient natural gas heat; and two apartments also have heat pumps for supplemental heating and summer cooling. Tenants will love the location, ideally situated within walking distance to Pancoe Pool, Mansfield Stadium, and the local skate park, as well as easy access to both downtown Bangor and I-95. This property is fully occupied, and 2023 gross rental income was over $50k.
Listed by EXP Realty

Sold by NextHome Experience

Ask A Question

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Compass Point Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Basic Information

  • Documents Available Plot Plan Public Access, Deed Public Access, Property Disclosure Public Access, Lead Paint Addendum Public Access
  • Gross Income $53,600

Location

  • Address12 Wiley Street
  • Building Number12
  • CountyPenobscot
  • DrivewayPaved
  • Latitude44.809297
  • Longitude-68.785208
  • StateME
  • StreetWiley Street
  • TownBangor
  • Zip04401

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public

Exterior

  • Exterior Asbestos, Composition, Other Exterior
  • RoofMetal

Amenities

  • AmenitiesBathtub, Laundry - 1st Floor
  • Cooling Heat Pump
  • Cooling YN Yes
  • Mls StatusClosed
  • Other AmenitiesBasement, Fireplace, Pool

Legal

  • ZoningURD1

Other

  • Date Listed02/10/2024
  • View Count11

Tax Information

  • Tax Book Number 15432
  • Tax Lot7
  • Tax Map Number 21
  • Tax Year 2024
  • Taxes$4,140

Building

  • Above Grade Finished Area 3,496
  • BasementFull, Interior Entry, Unfinished
  • Building ConstructionOther Exterior, Composition, Asbestos, Wood Frame
  • Building Info Num Heating Units 1
  • FoundationStone, Brick/Mortar
  • Property StyleColonial, New Englander, Other Style
  • Units3
  • Units Numof 2 Bd Units 3
  • Year Built1910

Utilities

  • Electric Circuit Breakers
  • Gas Natural - On Site
  • Heat SystemRadiator, Hot Water, Baseboard
  • Heating FuelGas Natural
  • Heating YN Yes
  • Laundry Features Laundry - 1st Floor, Main Level
  • Sewer Public Sewer
  • Utilities Utilities On
  • Water HeaterOff Heating System
  • Water Source Public

Parking

  • Parking Features Paved, Off Street

Rooms

  • Bathroom4
  • Full Bath4

Basic Information

  • Agent ID011174
  • Broker ID2742
  • Broker NameEXP Realty
  • List Price$335,000
  • LocationTypeIntown, Near Shopping, Neighborhood
  • MLS Number1581900
  • Modification Date01/16/2025
  • Property TypeResidential Income
  • Sale Date04/29/2024
  • Sale Price$345,000

Interior

  • Flooring Wood, Vinyl, Laminate, Carpet
  • Interior Features Bathtub

Property Information

  • Acreage0.15
  • Lot Features Level, Open Lot, Intown, Near Shopping, Neighborhood
  • Lot Size Square Feet 6,534
  • Lot Size Units Acres
  • Patio And Porch Features Deck
  • Site Level, Open
  • Square Feet3,496

Photos

  • Number of Photos43
Compass Point Real Estate

Your Local Office

More Info »
Compass Point Real Estate
Office: 207-374-5300
75 Main Street
PO Box 52
Blue Hill, ME 04614

Listing data is derived in whole or in part from the Maine IDX & 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. equal opportunity housing logo   Privacy Policy

Compass Point Real Estate participates in ©2025 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

I agree to receive marketing and customer service calls and text messages from Compass Point Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.