Closed
$219,000
16 Kossuth Street, Bangor, ME 04401
4beds
2,000sqft
Multi Family
Built in 1900
-- sqft lot
$226,700 Zestimate®
$110/sqft
$1,866 Estimated rent
Home value
$226,700
$154,000 - $333,000
$1,866/mo
Zestimate® history
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Owner options
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What's special
Affordable Investment Opportunity - Fully Rented 2-Unit Multi-Family Property!
Discover a fantastic income-generating opportunity with this fully leased, two-unit multi-family property conveniently located near downtown Bangor and all essential amenities. Each unit features 2 spacious bedrooms and 1 full bathroom, offering comfortable living spaces for tenants.
Key features include:
✅ Steady Rental Income - Both units are occupied with leases in place
✅ Off-Street Parking - Hassle-free parking for tenants
✅ Convenient Location - Minutes from shopping, dining, hospitals, and entertainment
✅ New Roof (2022) - Recently updated for added durability, and value
✅ 1st Floor Washer & Dryer Hookup - Added convenience for tenants on the first floor
✅ One Car Garage- Ideal for seasonal storage
✅ Unfinished Space Above Garage - A blank canvas with potential to be converted into a 3rd unit (town approval needed)
✅ Great Investment Potential - Ideal for new and seasoned investors alike
With strong rental demand in the area and proximity to major conveniences, this property is a smart addition to any portfolio. Don't miss out on this turnkey investment opportunity!
📞 Contact us today for more details!
Zillow last checked: 8 hours ago
Listing updated: August 08, 2025 at 06:45am
Listed by:
NextHome Experience
Bought with:
Non MREIS Agency
Source: Maine Listings,MLS#: 1614415
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Bathtub, One-Floor Living, Shower, Storage
- Flooring: Laminate, Vinyl
- Basement: Interior Entry,Unfinished
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
- Finished area above ground: 2,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Gravel, 1 - 4 Spaces
- Attached garage spaces: 1
Features
- Patio & porch: Deck, Porch
Lot
- Size: 4,791 sqft
- Features: City Lot, Near Town, Neighborhood, Level, Open Lot
Details
- Parcel number: BANGM030L005
- Zoning: URD-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Farmhouse,New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Bangor
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2025 | Listing removed | $219,000$110/sqft |
Source: | ||
| 4/23/2025 | Pending sale | $219,000$110/sqft |
Source: | ||
| 4/18/2025 | Sold | $219,000$110/sqft |
Source: | ||
| 2/27/2025 | Contingent | $219,000$110/sqft |
Source: | ||
| 2/14/2025 | Listed for sale | $219,000+9.5%$110/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,204 | $167,300 |
| 2023 | $3,204 +9.8% | $167,300 +17% |
| 2022 | $2,917 +15.8% | $143,000 +26.7% |
Find assessor info on the county website
Neighborhood: 04401
Nearby schools
GreatSchools rating
- NAFourteenth Street SchoolGrades: PK-3Distance: 0.6 mi
- 6/10James F. Doughty SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 1.5 mi
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