AMAZING INVESTMENT OPPORTUNITY! Just steps from downtown, this building has been meticulously renovated throughout while maintaining the original woodwork and architecture. Renovations include new tile bathrooms, custom showers, kitchens with granite and stainless steel appliances, new solid oak wood flooring and new windows. All new plumbing and electrical as well as electric service entrance for entire building. The entire roof system (including trusses) was replaced in 2019 along with extensive repointing of brick exterior. There is ample parking in the rear for all units. The building is 100% occupied, has professional and long-term tenants, and excellent income history. This property and its countless improvements must be seen to fully appreciate. Pre-approval or proof of funds is required prior to any scheduled showings. 24-hour notice is required.

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Basic Information

Documents Available Property Disclosure Public Access
Gross Income $133,800

Basic Information

Agent ID020840
Broker ID3224
Broker NameOwnerEntry.com
List Price$1,289,000
LocationTypeOther Location
MLS Number1597045
Modification Date07/23/2024
Property TypeResidential Income

Property

Lot Size SourceSeller
Road FrontagePaved

Exterior

Exterior Brick
RoofFiberglass, Shingle, Tar/Gravel

Amenities

Cooling Other
Cooling YN Yes
Mls StatusActive
Other AmenitiesBasement, Fireplace

Legal

ZoningR

Other

Date Listed07/16/2024
View Count5

Tax Information

Tax Book Number 14624
Tax Lot209
Tax Map Number 34
Tax Year 2023
Taxes$7,470

Building

Above Grade Finished Area 10,758
BasementFinished, Full, Interior Entry
Below Grade Finished Area 1,660
Building ConstructionBrick, Other
Property StyleMulti-Level
Units8
Units Numof 1 Bd Units 5
Units Numof 2 Bd Units 1
Units Numof 3 Bd Units 2
Year Built1880

Property Information

Acreage0.21
Lot Features Level, Other
Lot Size Square Feet 9,147
Lot Size Units Acres
Site Level
Square Feet12,418

Photos

Number of Photos34

Parking

Parking Features Common, Off Street, On Street

Rooms

Bathroom8
Full Bath8

Location

Address72-74 3rd Street
Building Number72-74
CountyPenobscot
DrivewayCommon
Latitude44.798199
Longitude-68.778209
StateME
Street3rd Street
TownBangor
Zip04401

Interior

Flooring Wood, Vinyl, Tile

Utilities

Electric Circuit Breakers
Gas Natural - On Site
Heat SystemHot Water, Heat Pump, Baseboard
Heating FuelGas Natural
Heating YN Yes
Sewer Public Sewer
Utilities Utilities On, Pole
Utilities Pole yes
Water HeaterElectric
Water Source Public

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72-74 3rd StreetBangor, ME 04401MLS Number 1597045

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