Introducing a fantastic opportunity in Bangor, Maine! This meticulously cared-for 2-unit building is a gem in the heart of the city. Offering three cozy one-bedroom units and a spacious two-bedroom top floor unit, it's perfect for both investors and residents. Situated close to downtown Bangor and the hospital, convenience is at your doorstep. The property boasts a large parking lot, ensuring ample space for tenants and guests. With its well-maintained condition and prime location, this building promises great income potential and a comfortable living experience. Don't miss out and schedule your showing today and seize this excellent investment opportunity!
Closed
$265,000
40 Fern Street, Bangor, ME 04401
2beds
1,968sqft
Multi Family
Built in 1880
-- sqft lot
$276,300 Zestimate®
$135/sqft
$1,977 Estimated rent
Home value
$276,300
$185,000 - $409,000
$1,977/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 16, 2025 at 07:08pm
Listed by:
NextHome Experience
Bought with:
NextHome Experience
Source: Maine Listings,MLS#: 1581964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Laminate
- Basement: Interior Entry,Unfinished
Interior area
- Total structure area: 1,968
- Total interior livable area: 1,968 sqft
- Finished area above ground: 1,968
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces, On Site
Lot
- Size: 8,712 sqft
- Features: City Lot, Near Shopping, Neighborhood, Level, Sidewalks
Details
- Parcel number: BANGM054L119
- Zoning: Urban Res Dist 1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: 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 |
|---|---|---|
| 9/13/2024 | Sold | $265,000-11.4%$135/sqft |
Source:  Maine Listings #1581964 | ||
| 7/17/2024 | Pending sale | $299,000$152/sqft |
Source:  NextHome #1581964 | ||
| 7/17/2024 | Contingent | $299,000$152/sqft |
Source: Maine Listings #1581964 | ||
| 6/14/2024 | Price change | $299,000-21.1%$152/sqft |
Source: Maine Listings #1581964 | ||
| 2/9/2024 | Listed for sale | $379,000$193/sqft |
Source: Maine Listings #1581964 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,315 | $173,100 |
| 2023 | $3,315 +10% | $173,100 +17.2% |
| 2022 | $3,013 +8.1% | $147,700 +18.2% |
Find assessor info on the county website
Neighborhood: 04401
Nearby schools
GreatSchools rating
- 10/10Abraham Lincoln SchoolGrades: PK-3Distance: 0.2 mi
- 9/10William S. Cohen SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 2 mi
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