106 Forest Ave
Bangor, ME 04401

$391,000

Last Sold Price

Beds

Baths

3,049 Sq. Ft.

$128 / Sq. Ft.

3,049

Sq. Ft.

$128

per Sq. Ft.

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Closed 6/30/25

Description

Profitable and spacious 4-unit in excellent location with strong rental history. Do not miss this opportunity to add this building to your portfolio!Profitable and spacious 4-unit in excellent location with strong rental history. Do not miss this opportunity to add this building to your portfolio!

Listed by Joshua Goston • NextHome Experience

Property Details for 106 Forest Avenue

Waterfront

ArchitecturalStyle

Colonial

Garage Spaces

.00

Garage

Zoning

RES

LISTING UPDATED: 07/03/2025 03:09 PM

Property Details for 106 Forest Avenue

Status	Closed
MLS #	1615227
Days on Market	105
Taxes	$4,832 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Multi-Family
Year Built	1880
Lot Size	0.14 AC / 6,098 SF
County	Penobscot County

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Location

Listing Courtesy of NextHome Experience

Sold By Realty of Maine

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Building Information for 106 Forest Avenue

Stories-Residences4Year Built1880Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

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$2,308 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,906

Property Taxes

$403

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 106 Forest Avenue

Summary

Location and General Information

Zip Code: 5383
Town: Bangor

State/Province: ME
Zip Code: 04401
County: Penobscot
Geo Latitude: 44.80858
Geo Longitude: -68.763999
Tax Lot: 185
Site:Sidewalks: Yes
Location:Near Town: Yes

Parking

Parking Features: 1 - 4 Spaces, Gravel
Attached Garage: No

Taxes and HOA Information

Tax Book Number: 16737
Tax Map Number: 48

Tax Year: 2024
Parcel Number: BANG-000048-000000-000119
Location Information:Association Y/N: No
Tax Annual Amount: $4,832.00

Property

Heating and Cooling

Water Heater:Electric: Yes
Water Heater:Tank: Yes

Lot Information

SqFt Finished Below Grade: 0.0
SqFt Finished Above Grade: 3049.0

Lot Size Acres: 0.14
Source of Acreage: Public Records
Building Area Total: 3049.0
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Square Feet: 6098.4
Bathrooms Full: 4
Bathrooms Half: 0
Street Number: 106
Property Information:Surveyed: Unknown
Property Information:Seasonal: No
Property Information:Deed/Conveyance Type Offered: Quit Claim w/Covenant
Property Information:Total Half Baths: .00

Parking

Driveway:Gravel: Yes

Property and Assessments

Leased Land: No
Property Type: Multi-Family

Property Type Label: Multi-Family
Year Built: 1880

Utilities

Electric: Circuit Breakers
Sewer: Yes

Water Source: Public
Utilities:Utilities On: Yes
Gas:Natural - On Site: Yes

Interior and Exterior Features

Exterior Features

Construction Materials: Vinyl Siding, Wood Frame
Vehicle Storage:No Vehicle Storage: Yes

Roof: Shingle

Interior Features

Basement: Interior, Brick/Mortar, Full, Unfinished
Flooring: Vinyl

Cooling: None
Heating: Baseboard
Bathrooms Total (Integer): 4
Bathrooms Total (Decimal): 4.00
Bathrooms Total (Notational): 4.00
Cooling YN: No
Heating YN: Yes

Multi Family

Income & Expenses Information

Gross Income: $55,968.00
Operating Expenses: $13,550.00

Multi-Family Information

Number of Units: 4

Unit 1

Unit 1:Lease: No
Unit 1:Level: First

Unit 1:Security Deposit: No
Unit 1:Monthly Rent: $1,150.00
Unit 1:# Full Baths: 1.00
Unit 1:# of Half Baths: .00
Unit 1:# of Rooms: 3.00
Unit 1:# of Bedrooms: 1.00
Unit 1:Dedicated Electric Meter: Yes
Unit 1:Dedicated Gas Meter: No
Unit 1:Dedicated Water Heater: No
Unit 1:Electric: Yes
Unit 1:Heat: Yes
Unit 1:Range: Yes
Unit 1:Refrigerator: Yes
Unit 1:Sewer: Yes
Unit 1:Water: Yes

Unit 2

Unit 2:Lease: No
Unit 2:Level: Second

Unit 2:Security Deposit: No
Unit 2:Monthly Rent: $.00
Unit 2:# Full Baths: 1.00
Unit 2:# Half Baths: .00
Unit 2:# of Rooms: 3.00
Unit 2:# of Bedrooms: 1.00
Unit 2:Dedicated Electric Meter: No
Unit 2:Dedicated Gas Meter: No
Unit 2:Dedicated Water Heater: No
Unit 2:Electric: Yes
Unit 2:Heat: Yes
Unit 2:Range: Yes
Unit 2:Refrigerator: Yes
Unit 2:Sewer: Yes
Unit 2:Water: Yes

Unit 3

Unit 3:Lease: Yes
Unit 3:Level: First

Unit 3:Security Deposit: Yes
Unit 3:Monthly Rent: $1,114.00
Unit 3:# Full Baths: 1.00
Unit 3:# Half Baths: .00
Unit 3:# of Rooms: 3.00
Unit 3:# of Bedrooms: 1.00
Unit 3:Dedicated Electric Meter: Yes
Unit 3:Dedicated Gas Meter: No
Unit 3:Dedicated Water Heater: No
Unit 3:Electric: Yes
Unit 3:Heat: Yes
Unit 3:Range: Yes
Unit 3:Refrigerator: Yes
Unit 3:Sewer: Yes
Unit 3:Water: Yes

Unit 4

Unit 4:Lease: No
Unit 4:Level: Second

Unit 4:Security Deposit: No
Unit 4:Monthly Rent: $1,150.00
Unit 4:# Full Baths: 1.00
Unit 4:# Half Baths: .00
Unit 4:# of Rooms: 3.00
Unit 4:# of Bedrooms: 1.00
Unit 4:Dedicated Electric Meter: No
Unit 4:Dedicated Gas Meter: No
Unit 4:Dedicated Water Heater: No
Unit 4:Electric: Yes
Unit 4:Heat: Yes
Unit 4:Range: Yes
Unit 4:Refrigerator: Yes
Unit 4:Water: Yes

Unit Information

Units:# of 1 BD Units: 4
Units:# of 2 BD Units: 0

Units:# of 3 BD Units: 0
Units:# of 4+ BD Units: 0

Property History for 106 Forest Avenue

Date	Event & Source	Price	Appreciation
Jun 30, 2025	Sold Maine Listings #1615227	$391,000	—
Jun 16, 2025	Pending Maine Listings #1615227		—
Jun 14, 2025	Active Under Contract Maine Listings #1615227		—
Apr 25, 2025	Price Change Maine Listings #1615227	$415,000	—
Apr 4, 2025	Price Change Maine Listings #1615227	$425,000	—
Mar 19, 2025	Price Change Maine Listings #1615227	$435,000	—
Mar 1, 2025	Listed (Active) Maine Listings #1615227	$445,000	—
Jan 13, 2024	Expired Maine Listings #1577675	$440,000	—
Nov 27, 2023	Price Change Maine Listings #1577675	$454,900	—
Nov 17, 2023	Listed (Active) Maine Listings #1577675	$464,900	—

Date	Event & Source	Price
06/30/2025	Sold Maine Listings #1615227	$391,000
06/16/2025	Pending Maine Listings #1615227	—
06/14/2025	Active Under Contract Maine Listings #1615227	—
04/25/2025	Price Change Maine Listings #1615227	$415,000
04/04/2025	Price Change Maine Listings #1615227	$425,000
03/19/2025	Price Change Maine Listings #1615227	$435,000
03/01/2025	Listed (Active) Maine Listings #1615227	$445,000
01/13/2024	Expired Maine Listings #1577675	$440,000
11/27/2023	Price Change Maine Listings #1577675	$454,900
11/17/2023	Listed (Active) Maine Listings #1577675	$464,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 106 Forest Avenue

Taxable ValueLand$19,800Additions$240,700Total$260,500

Tax Record2024$4,832 ($403 / month)

Home Facts

Total Finished SqFt3,049 SqFtAbove Grade Finished SqFt3,049 SqFtStories2Lot Size6,098 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningURD2CountyPENOBSCOTAPNBANG M:048 L:119

Schools near 106 Forest Avenue

This home is within Bangor Public Schools.


Rating	School	Type	Grades	Distance
10/10	Abraham Lincoln School	Public - Serves this home	PK to 3	0.2 mi
8/10	Mary Snow School	Public - Serves this home	4 to 5	0.7 mi
9/10	William S. Cohen School	Public - Serves this home	6 to 8	0.5 mi
6/10	Bangor High School	Public - Serves this home	9 to 12	1.8 mi
NR	Northeast Occupational Exchange	Private - Nearby school	5 to 6	0.7 mi
NR	Wassookeag School	Private - Nearby school	2 to 8	0.4 mi
NR	John Bapst Memorial High School	Private - Nearby school	9 to 12	0.3 mi


Rating	School	Distance
10/10	Abraham Lincoln School PublicPK to 3 Serves this home	0.2 mi
8/10	Mary Snow School Public4 to 5 Serves this home	0.7 mi
9/10	William S. Cohen School Public6 to 8 Serves this home	0.5 mi
6/10	Bangor High School Public9 to 12 Serves this home	1.8 mi
NR	Northeast Occupational Exchange Private5 to 6 Nearby school	0.7 mi
NR	Wassookeag School Private2 to 8 Nearby school	0.4 mi
NR	John Bapst Memorial High School Private9 to 12 Nearby school	0.3 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Experience

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

106 Forest AveBangor, ME 04401

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106 Forest Ave
Bangor, ME 04401