54-56 3rd Street
Bangor, ME 04401
$489,900
Price
4
Beds
2
Baths
2,364 Sq. Ft.
$207 / Sq. Ft.
2,364
Sq. Ft.
$207
per Sq. Ft.
Description
Amazing Investment Opportunity! This completely gut renovated duplex features two 2-bedroom/1 bath units. The property received a major high end renovation in 2020 down to the studs. These pristine units have brand new solid oak flooring throughout, granite countertops and stainless steel appliances, tile bathrooms with custom glass showers and 2nd floor laundry. The original trim was carefully removed and refinished to perfection before being reinstalled. Each unit features a single car garage on...Amazing Investment Opportunity! This completely gut renovated duplex features two 2-bedroom/1 bath units. The property received a major high end renovation in 2020 down to the studs. These pristine units have brand new solid oak flooring throughout, granite countertops and stainless steel appliances, tile bathrooms with custom glass showers and 2nd floor laundry. The original trim was carefully removed and refinished to perfection before being reinstalled. Each unit features a single car garage on the lower level with basement access through mudroom and storage area. This beautiful building has brand new plumbing, heating and electrical throughout. Utilities are separately metered for each unit. Each unit features its own high efficiency natural gas boiler with baseboard heat along with new windows, doors, insulation and newer roof. Properties share a large driveway which was paved at time of renovations. Units rent at high rates to high end professionals with tenants paying all their own utilities.
- Listed by Ralph Harvey • List With Freedom.com • Support@listwithfreedom.com
Property Details for 54-56 3rd Street
Waterfront
No
ArchitecturalStyleDuplex
Garage Spaces2.00
GarageYes
ZoningResidential Lot
LISTING UPDATED: 09/25/2024 04:43 PM
Property Details for 54-56 3rd Street
| Status | Active |
|---|---|
| MLS # | 1591648 |
| Days on Market | 170 |
| Taxes | $4,395 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1920 |
| Lot Size | 0.09 AC / 3,920 SF |
| County | Penobscot County |
Building Information for 54-56 3rd Street
Stories-Residences2Year Built1920Building Size-Lot Size0.09 AC / 3,920 SF
Property Information for 54-56 3rd Street
Summary
Location and General Information
- Road Surface Type: Paved
- Directions: From downtown Main St. to Union St. Left on Third St.
- Town: Bangor
- State/Province: ME
- Zip Code: 04401
- County: Penobscot
- Geo Latitude: 44.798777
- Geo Longitude: -68.77776
- Tax Lot: 205
- Site:Corner Lot: Yes
- Site:Level: Yes
- Site:Sidewalks: Yes
- Location:Intown: Yes
- Location:Near Shopping: Yes
Parking
- Parking Features: 1 - 4 Spaces, Paved
- Attached Garage: Yes
Taxes and HOA Information
- Tax Book Number: 10416
- Tax Map Number: 34
- Tax Year: 2024
- Parcel Number: BANG M:034 L:205
- Location Information:Association Y/N: No
- Tax Annual Amount: $4,394.92
School Information
- School District: Penobscot Public Schools
Property
Heating and Cooling
- Water Heater:Gas: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2364.0
- Lot Size Acres: 0.09
- Source of Acreage: Public Records
- Building Area Total: 2364.0
- Lot Size Area: 0.09
- Lot Size Units: Acres
- Lot Size Square Feet: 3920.4
- Bathrooms Full: 2
- Bathrooms Half: 0
- Street Number: 5456
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Total Half Baths: .00
Parking
- Driveway:Paved: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1920
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Fiber Cement, Wood Frame
- Vehicle Storage:2 Car: Yes
- Roof: Shingle
Interior Features
- Basement: Full, Not Applicable
- Flooring: Wood, Tile
- Cooling: None
- Heating: Radiant, Hot Water, Baseboard
- Bathrooms Total (Integer): 2
- Bathrooms Total (Decimal): 2.00
- Bathrooms Total (Notational): 2.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $47,400.00
- Operating Expenses: $.00
Multi-Family Information
- Number of Units: 2
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $1,975.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 4.00
- Unit 1:# of Bedrooms: 2.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: Yes
- 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: Yes
- Unit 2:Level: First
- Unit 2:Security Deposit: No
- Unit 2:Monthly Rent: $1,975.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 4.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: Yes
- Unit 2:Dedicated Water Heater: Yes
- 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 Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 2
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 54-56 3rd Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 54-56 3rd Street
This home is within Bangor Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 3 | |||
| Public - | 4 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Vine Street School PublicPK to 3 | ||
Fairmount School Public4 to 5 | ||
James F. Doughty School Public6 to 8 | ||
Bangor High School Public9 to 12 |
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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