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  • Price cut: $10K (4/14)
    $70,000

    186 3rd Street, Bangor, ME 04401

    4beds
    1,280sqft
    : 
    Single Family Residence
    Built in 1900
    5,662.8 Square Feet Lot
    $-- Zestimate®
    $55/sqft
    $-- HOA

    What's special

    Brand-new roof
    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!
    56 days
    on Zillow
    |
    2,379
    |
    58
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    Zillow last checked: 7 hours ago

    Listing updated: April 15, 2025 at 09:22am

    Listed by:

    ERA Dawson-Bradford Co.

    Source: Maine Listings,MLS#: 1615212MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 186 3rd Street.

    Next available tour time:Today at 11am

    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: Walk-Out Access,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: 1 - 4 Spaces, Gravel
    Lot
    • Size: 5,662.8 Square Feet
    • Features: Corner Lot, City Lot, Near Turnpike/Interstate
    Details
    • Parcel number: BANGM024L125
    • Zoning: URD-1

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Bangor

    Financial & listing details

    • Price per square foot: $55/sqft
    • Tax assessed value: $37,100
    • Annual tax amount: $688
    • Date on market: 2/28/2025
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