62 High Street

Bangor, ME 04401

$1,495,000
Price
Beds
8,682 Sq. Ft.
$172 / Sq. Ft.
8,682
Sq. Ft.
$172
per Sq. Ft.

Description

Discover an exceptional investment opportunity with these well-maintained properties featuring 22 units between the two buildings, each boasting strong cash flow. Recent updates enhance the overall appeal, including a brand-new natural gas direct vent furnace, replacement vinyl windows, ensuring efficient heating and reduced energy costs. These properties not only promise reliable income but also showcases the potential for future appreciation. Don't miss out on owning a prime piece of real estate...Discover an exceptional investment opportunity with these well-maintained properties featuring 22 units between the two buildings, each boasting strong cash flow. Recent updates enhance the overall appeal, including a brand-new natural gas direct vent furnace, replacement vinyl windows, ensuring efficient heating and reduced energy costs. These properties not only promise reliable income but also showcases the potential for future appreciation. Don't miss out on owning a prime piece of real estate that combines modern upgrades with established character.
  1. Listed by Emily Ellis • Berkshire Hathaway HomeServices Northeast Real Estate
  2. Listed by Ian Gosselin • Berkshire Hathaway HomeServices Northeast Real Estate

Property Details for 62 High Street

Zoning
M&SD
LISTING UPDATED: 08/09/2024 03:02 PM

Property Details for 62 High Street

StatusActive
MLS #1599864
Days on Market100
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial / Multi Family
Year Built1895
Lot Size0.40 AC / 17,424 SF
CountyPenobscot County

Building Information for 62 High Street

Stories-Residences22Year Built1895Building Size-Lot Size0.40 AC / 17,424 SF

Property Information for 62 High Street

Summary
Location and General Information
  • Town: Bangor
  • State/Province: ME
  • Zip Code: 04401
  • County: Penobscot
  • Geo Latitude: 44.799572
  • Geo Longitude: -68.773973
  • Tax Lot: 102/103
  • Location:Bus Line: Yes
  • Location:Downtown: Yes
  • Location:Historic District: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Public Transport Access: Yes
Parking
  • Parking Features: 5 - 10 Spaces, On Street
Taxes and HOA Information
  • Tax Book Number: 14835
  • Tax Map Number: 042
  • Parcel Number: 145UnionSt&62HighStBangor04401
  • Location Information:Association Y/N: No
Property
Lot Information
  • Lot Size Acres: 0.4
  • Building Area Total: 8682.0
  • Lot Size Area: 0.4
  • Lot Size Units: Acres
  • Lot Size Square Feet: 17424.0
  • Street Number: 145
  • Property Information:Surveyed: Unknown
  • Property Information:Deed: All
Property and Assessments
  • Documents Available: Plot Plan Public Access, Deed Public Access
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Multi Family
  • Year Built: 1895
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: Clapboard, Brick, Masonry, Wood Frame
  • Roof: Pitched, Slate
Interior Features
  • Basement: Walk-Out Access, Full
  • Flooring: Wood, Vinyl
  • Cooling: None
  • Heating: Steam, Radiator, Hot Water, Direct Vent Furnace, Baseboard
  • Foundation Details: Stone, Granite, Concrete Perimeter, Brick/Mortar
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $158,764.13
Multi-Family Information
  • Number of Units: 22

Property History for 62 High Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 62 High Street

Taxable ValueLand$22,900Additions$253,400Total$276,300
Tax Record2024$5,305 ($442 / month)
Home Facts
Total Finished SqFt4,410 SqFtAbove Grade Finished SqFt4,410 SqFtStories2Lot Size10,454 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningM&SDCountyPENOBSCOTAPNBANG M:042 L:102Fireplace TypeHas Fireplace

Schools near 62 High 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.

Similar Homes

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Similar Sold Homes

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62 High Street is a multi-family home for sale in Bangor, ME 04401. This property was listed for sale on August 9, 2024 by Berkshire Hathaway HomeServices Northeast Real Estate, it's currently listed at $1,495,000. It has been on the market for a total of 100 days and was last sold on August 9, 2018. This listing's school district is Bangor Public Schools. Nearby schools include Vine Street School, Fairmount School and James F. Doughty School. 62 High Street is a 0-bed, 0-bath, 8,682 sqft multi-family home built in 1895.

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 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 Berkshire Hathaway HomeServices Northeast Real Estate

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.