199-201 Center StreetBangor, ME 04401MLS Number 1607219

  • Price: $575,000
  • Est. Mortgage of $/month
  • 15 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.72% last updated on Oct 31, 2024
* 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.
Pending
199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401199-201 Center Street Bangor ME 04401
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  • 3,926Square Feet
  • 0.17Acreage
  • 5Bathrooms
  • 1900Year Built

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Discover a rare investment opportunity featuring two buildings with a total of five units and a 100% occupancy rate located at 199-201 & 201 1/2 Center Street. This property is perfect for investors looking to expand their portfolio in Bangor, ME! The first building, 199-201 Center Street, consists of four two-bedroom apartments, each with one full bathroom. Currently, three units have active leases, and one unit is on a month-to-month basis. Two of the apartments (201) have been renovated in the past, while the other two (199) have not, providing room for growth and value-add potential. This building boasts a natural gas hot water baseboard heating system (HWBB) installed in 2015 and features a solid foundation that has been well maintained. The second building, located at 201 1/2 Center Street, is a single-family home with three bedrooms and one bathroom. This home has undergone previous renovations and currently has a month-to-month tenant. It also features a natural gas hot water baseboard heating system (HWBB) installed in 2018. Both roofs were replaced around 2016, ensuring a reliable structure. Additional features of this property include ample on-site parking for tenants and a prime location just a 15-minute walk to downtown and a 3-minute drive to I-95, offering convenience for residents. This is a fantastic opportunity for investors to acquire a well-located property with proven income & potential to grow. For more details about the property or to schedule a showing, contact me today!
Listed by Berkshire Hathaway HomeServices Northeast Real Estate

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More Info

Basic Information

  • Gross Income $66,660

Rooms

  • Bathroom5
  • Full Bath5

Location

  • Address199-201 Center Street
  • Building Number199-201
  • CountyPenobscot
  • DrivewayGravel
  • Latitude44.810478
  • Longitude-68.772111
  • StateME
  • StreetCenter Street
  • TownBangor
  • Zip04401

Interior

  • Flooring Vinyl, Laminate, Carpet
  • Interior Features Storage

Property Information

  • Acreage0.17
  • Lot Features Level, Open Lot, Intown, Near Shopping
  • Lot Size Square Feet 7,405
  • Lot Size Units Acres
  • Site Level, Open
  • Square Feet3,926

Photos

  • Number of Photos82

Tax Information

  • Tax Book Number 14991
  • Tax Lot129
  • Tax Map Number 39
  • Tax Year 2023
  • Taxes$6,444

Building

  • Above Grade Finished Area 3,926
  • BasementFull, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Building ConstructionVinyl Siding, Clapboard, Wood Frame
  • Property StyleDuplex, Multi-Level, Other Style
  • Units5
  • Units Numof 2 Bd Units 4
  • Units Numof 3 Bd Units 1
  • Year Built1900

Utilities

  • Electric Circuit Breakers
  • Gas Natural - At Street
  • Heat SystemMulti-Zones, Hot Water, Direct Vent Heater, Baseboard
  • Heating FuelGas Natural
  • Heating YN Yes
  • Sewer Public Sewer
  • Utilities Utilities On
  • Water HeaterOff Heating System, Other Water Heater
  • Water Source Public

Parking

  • Parking Features 5 - 10 Spaces, Gravel, On Site

Basic Information

  • Agent ID022121
  • Broker ID1143
  • Broker NameBerkshire Hathaway HomeServices Northeast Real Estate
  • List Price$575,000
  • LocationTypeIntown, Near Shopping
  • MLS Number1607219
  • Modification Date10/23/2024
  • Property TypeResidential Income

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public

Exterior

  • Exterior Clapboard, Vinyl Siding
  • Fencing Fenced
  • RoofShingle

Amenities

  • AmenitiesFence, Storage
  • Cooling Other
  • Mls StatusPending
  • Other AmenitiesBasement, Fireplace

Other

  • Date Listed10/18/2024
  • Recreational Water Nearby
  • View Count7
Compass Point Real Estate
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. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Compass Point Real Estate participates in ©2024 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.

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