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  • $310,000

    65 Second Street, Bangor, ME 04401

    6beds
    2,638sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $346,400 Zestimate®
    $118/sqft
    $-- HOA

    What's special

    Investment Opportunity in Bangor: Fully Rented Triplex with Recent Renovations Discover a prime income-generating property in the heart of Bangor with this fully rented triplex, presenting a compelling investment opportunity: Unit 1: Spacious 2-bed, 1-bath unit $1,100/month Lease ends 3/31/2025. Unit 2: Recently renovated in 2024 2-bed, 1-bath unit $1,250/month Lease ends 8/5/2024. Unit 3: Renovated in 2023 1-bed, 1-bath unit currently rented at $875/month on a flexible month-to-month lease. Key Features: Mechanical Systems: Updated in 2013 with a hot air furnace and on-demand hot water heater, ensuring efficiency and lower maintenance costs. Recent Upgrades: Including a sewer line replacement in November 2022, indicating a well-maintained property. Income Streams: Coin-operated laundry facilities add to the revenue stream. Location Benefits: Situated minutes from downtown Bangor, offering easy access to public transportation, grocery stores, gas stations, waterfront concerts, a casino, restaurants, and diverse businesses. Additional Details: Restrictions: No smoking and no dogs policy ensures property upkeep. Potential: Stable rental income with opportunities for appreciation in a growing urban area. This triplex represents a lucrative income opportunity with reliable tenants and recent updates. Ideal for savvy investors seeking steady cash flow and future growth potential in a vibrant community. Don't miss out on this turnkey investment in Bangor's thriving rental market. Schedule your viewing today to explore this promising investment prospect!

    Zillow last checked: 7 hours ago

    Listing updated: January 18, 2025 at 07:10pm

    Listed by:

    NextHome Experience

    Bought with:

    Real Broker

    Source: Maine Listings,MLS#: 1595572MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: Laundry - 1st Floor, Main Level, Laundry - Coin
    Features
    • 1st Floor Bedroom, Bathtub
    • Flooring: Wood, Vinyl, Laminate, Carpet
    • Basement: Dirt Floor,Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,638
    • Total interior livable area: 2,638 sqft
    • Finished area above ground: 2,638
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: 5 - 10 Spaces, Gravel, On Site
    Accessibility
    • Accessibility features: 32 - 36 Inch Doors
    Features
    • Stories: 3
    Lot
    • Size: 6,098 sqft
    • Features: Level, Sidewalks, Interior Lot, City Lot, Near Golf Course, Near Shopping, Near Town, Neighborhood, Near Public Transit
    Details
    • Parcel number: BANGM035L100
    • Zoning: URD-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: On Site, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bangor

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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