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  • $60,000

    186 3rd Street, Bangor, ME 04401

    4beds
    1,280sqft
    Single Family Residence
    Built in 1900
    5,662.8 Square Feet Lot
    $-- Zestimate®
    $47/sqft
    $1,942 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,942/mo

    Zestimate® history
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    $306/mo

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    What's special

    Investor Opportunity in Prime Bangor Location - 186 Third St Unlock the potential of this 3-bedroom, 1-bathroom home with incredible value-add possibilities! With a little vision, this property can easily be converted into a 4-bedroom, 1.5-bathroom layout — perfect for increasing rental income or resale value. Plus, enjoy peace of mind knowing a **brand-new roof was added in early January 2025**, saving you on major upfront costs. But the opportunity doesn't stop there — after discussions with the city, it's confirmed that an investor could remove the existing structure and build a single-family home with an ADU (Accessory Dwelling Unit). This opens the door for dual rental income or a flexible multi-generational living space, making it a truly versatile investment. Located just minutes from the Maine Savings Amphitheatre and Bangor's growing downtown area, this property sits in a developing neighborhood with rising demand and excellent long-term potential. Whether you choose to renovate, rebuild, or rent, this is an investment you don't want to miss. Don't wait — opportunities like this are rare in such a prime location!

    Zillow last checked: 8 hours ago

    Listing updated: August 28, 2025 at 06:16am

    Listed by:

    ERA Dawson-Bradford Co.

    Bought with:

    Non MREIS Agency

    Source: Maine Listings,MLS#: 1615212MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: First
    Den
    • Level: First
    Kitchen
    • Level: First
    Heating
    • None
    Cooling
    • None
    Features
    • Flooring: Wood
    • Basement: Brick/Mortar
    • Has fireplace: No
    Interior area
    • Total structure area: 1,280
    • Total interior livable area: 1,280 sqft
    • Finished area above ground: 1,280
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces
    Lot
    • Size: 5,662 sqft
    • Features: City Lot, Near Turnpike/Interstate, Corner Lot
    Details
    • Parcel number: BANGM024L125
    • Zoning: URD-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: No Electric
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bangor

    Price history

    DateEventPrice
    8/25/2025Sold$60,000$47/sqft
    Source: Maine Listings #1615212
    7/20/2025Pending sale$60,000$47/sqft
    Source: Maine Listings #1615212
    6/24/2025Price change$60,000-14.3%$47/sqft
    Source: Maine Listings #1615212
    5/29/2025Pending sale$70,000$55/sqft
    Source: Maine Listings #1615212
    4/14/2025Price change$70,000-12.5%$55/sqft
    Source: Maine Listings #1615212

    Public tax history

    YearProperty taxesTax assessment
    2024$666 $34,800
    2023$666 -60.3%$34,800 -57.7%
    2022$1,679 +7.1%$82,300 +17.1%

    Find assessor info on the county website

    Neighborhood: 04401

    Nearby schools

    GreatSchools rating
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