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!
Closed
$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
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#: 1595572

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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