Nestled in a peaceful corner of Bangor, Maine, this charming three-unit apartment building at 252 Forest Avenue is an excellent investment opportunity. The property offers three units, each with its own unique character and layout, making it an ideal rental income property.
The building is conveniently located near many amenities in a quiet residential neighborhood. Perfect for investors seeking a steady rental income in a prime location, the Bangor area is known for its friendly community and as a sought-after rental market. Don't miss this opportunity to invest in the future of a growing market!
Closed
$342,000
252 Forest Avenue, Bangor, ME 04401
6beds
2,100sqft
Multi Family
Built in 1880
-- sqft lot
$394,700 Zestimate®
$163/sqft
$1,835 Estimated rent
Home value
$394,700
$355,000 - $434,000
$1,835/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 15, 2025 at 07:12pm
Listed by:
NextHome Discover
Bought with:
NextHome Experience
Source: Maine Listings,MLS#: 1575650
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Baseboard, Zoned
Cooling
- None
Features
- Flooring: Carpet, Tile, Vinyl, Wood
- Basement: Exterior Entry,Full,Unfinished
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
- Finished area above ground: 2,100
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Off Street
Features
- Patio & porch: Porch
Lot
- Size: 9,583 sqft
- Features: City Lot, Level, Open Lot
Details
- Additional structures: Shed(s)
- Parcel number: BANGM046L174
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Dutch Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Wood Siding
- Foundation: Granite
- Roof: Metal,Shingle
Condition
- Year built: 1880
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 |
|---|---|---|
| 1/22/2024 | Sold | $342,000-3.7%$163/sqft |
Source:  Maine Listings #1575650 | ||
| 11/25/2023 | Pending sale | $355,000+4.7%$169/sqft |
Source:  NextHome #1575650 | ||
| 11/25/2023 | Contingent | $339,000$161/sqft |
Source: Maine Listings #1575650 | ||
| 11/16/2023 | Price change | $339,000-2.9%$161/sqft |
Source: Maine Listings #1575650 | ||
| 11/7/2023 | Price change | $349,000-1.7%$166/sqft |
Source: Maine Listings #1575650 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,878 | $254,700 |
| 2023 | $4,878 +9.3% | $254,700 +16.5% |
| 2022 | $4,461 +6.6% | $218,700 +16.5% |
Find assessor info on the county website
Neighborhood: 04401
Nearby schools
GreatSchools rating
- 10/10Fruit Street SchoolGrades: PK-3Distance: 0.4 mi
- 9/10William S. Cohen SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 1.5 mi
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