Why settle for ordinary when you can own a property packed with character, possibility and income potential all in one?!
This extensively updated property offers exceptional versatility and opportunity in a highly convenient location. The property is well suited for a variety of living arrangements. Offering endless opportunities-whether you're looking to generate continuous rental income, live in one unit while renting the other, or lease both to maximize returns. Each unit provides comfortable living space with its own unique character, making it ideal for investors, multi-generational living or owner occupants seeking financial flexibility. With strong income potential and the freedom to choose how you use it. This is more than just a home-it's a smart investment.
Major updates have already been completed, including new roof, updated vinyl siding, freshly paved driveway, and professional interior paint offering piece of mind for years to come. Ideally situated near schools, shopping, restaurants, and everyday amenities, the property also provides, quick access to Bangor's hospitals, local businesses, and the airport, ensuring convenience for work, travel, and daily life.
*Additionally, the spacious detached garage can be rented out separately to maximize income potential.
Active
Price cut: $30K (12/2)
$599,000
123 Mount Hope Avenue, Bangor, ME 04401
2beds
3,830sqft
Est.:
Multi Family
Built in 1954
-- sqft lot
$563,600 Zestimate®
$156/sqft
$-- HOA
What's special
Unique characterFreshly paved drivewayNew roofComfortable living spaceProfessional interior paint
- 112 days |
- 386 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 02:36pm
Listed by:
NextHome Experience
Source: Maine Listings,MLS#: 1635273
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Baseboard, Zoned, Radiant
Cooling
- Wall Unit(s)
Features
- Flooring: Carpet, Laminate, Wood, Ceramic Tile
- Windows: Double Pane Windows
- Basement: Interior Entry
Interior area
- Total structure area: 3,830
- Total interior livable area: 3,830 sqft
- Finished area above ground: 2,453
- Finished area below ground: 1,377
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 4
Features
- Patio & porch: Deck, Porch
Lot
- Size: 0.71 Acres
Details
- Parcel number: BANGM053L097
- Zoning: URD1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Roof: Pitched,Shingle
Condition
- Year built: 1954
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Bangor
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $350,500
- Annual tax amount: $7,355
- Date on market: 8/22/2025
Estimated market value
$563,600
$535,000 - $592,000
$2,136/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Price change | $599,000-4.8%$156/sqft |
Source: | ||
| 11/1/2025 | Price change | $629,000-3.1%$164/sqft |
Source: | ||
| 9/29/2025 | Price change | $649,000-13.4%$169/sqft |
Source: | ||
| 9/12/2025 | Price change | $749,000-6.3%$196/sqft |
Source: | ||
| 8/22/2025 | Listed for sale | $799,000+128.4%$209/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,712 | $350,500 |
| 2023 | $6,712 +7.8% | $350,500 +14.9% |
| 2022 | $6,224 +5.2% | $305,100 +15% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,052/mo
Principal & interest
$2323
Property taxes
$519
Home insurance
$210
Climate risks
Neighborhood: 04401
Nearby schools
GreatSchools rating
- 10/10Fruit Street SchoolGrades: PK-3Distance: 0.2 mi
- 9/10William S. Cohen SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 1.6 mi
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