72-74 3rd Street

Bangor, ME 04401

$1,149,000
Last Sold Price
13
Beds
8
Baths
12,418 Sq. Ft.
$93 / Sq. Ft.
12,418
Sq. Ft.
$93
per Sq. Ft.

Closed 12/6/24

Closed 12/6/24

4.LR
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Description

Amazing investment opportunity! Just steps from downtown, this building has been meticulously renovated throughout while maintaining the original woodwork and architecture. Renovations include new tile bathrooms, custom showers, kitchens with granite and stainless steel appliances, new solid oak wood flooring and new windows. All new plumbing and electrical as well as electric service entrance for entire building. The entire roof system (including trusses) was replaced in 2019 along with extensive...Amazing investment opportunity! Just steps from downtown, this building has been meticulously renovated throughout while maintaining the original woodwork and architecture. Renovations include new tile bathrooms, custom showers, kitchens with granite and stainless steel appliances, new solid oak wood flooring and new windows. All new plumbing and electrical as well as electric service entrance for entire building. The entire roof system (including trusses) was replaced in 2019 along with extensive repointing of brick exterior. There is ample parking in the rear for all units. The building is 100% occupied, has professional and long-term tenants, and excellent income history. This property and its countless improvements must be seen to fully appreciate. Pre-approval or proof of funds is required prior to any scheduled showings. 24-hour notice is required.
  1. Listed by David White • OwnerEntry.com

Property Details for 72-74 3rd Street

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage
No
Zoning
r
LISTING UPDATED: 12/17/2024 12:07 PM

Property Details for 72-74 3rd Street

StatusClosed
MLS #1597045
Days on Market70
Taxes$7,470 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1880
Lot Size0.21 AC / 9,147 SF
CountyPenobscot County

Building Information for 72-74 3rd Street

Stories-Residences8Year Built1880Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 72-74 3rd Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 6171
  • Town: Bangor
  • State/Province: ME
  • Zip Code: 04401
  • County: Penobscot
  • Geo Latitude: 44.798199
  • Geo Longitude: -68.778209
  • Tax Lot: 209
  • Site:Level: Yes
  • Location:Other Location: Yes
Parking
  • Parking Features: Common, Off Street, On Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 14624
  • Tax Map Number: 34
  • Tax Year: 2023
  • Parcel Number: BANG-000034-000000-000209
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $7,470.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 1660.0
  • SqFt Finished Above Grade: 10758.0
  • Lot Size Acres: 0.21
  • Source of Acreage: Seller
  • Building Area Total: 12418.0
  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9147.6
  • Bathrooms Full: 8
  • Bathrooms Half: 0
  • Street Number: 7274
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Common: 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:Pole: yes
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Other
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Fiberglass, Shingle, Tar/Gravel
Interior Features
  • Basement: Finished, Full, Interior Entry
  • Flooring: Wood, Vinyl, Tile
  • Cooling: Other
  • Heating: Hot Water, Heat Pump, Baseboard
  • Bathrooms Total (Integer): 8
  • Bathrooms Total (Decimal): 8.00
  • Bathrooms Total (Notational): 8.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $133,800.00
  • Operating Expenses: $999.00
Multi-Family Information
  • Number of Units: 8
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,475.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 2.00
  • 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: No
  • 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: Yes
  • Unit 2:Monthly Rent: $1,400.00
  • 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: Yes
  • 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: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,000.00
  • 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: Yes
  • Unit 3:Electric: No
  • 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: Yes
  • Unit 4:Level: Second
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,400.00
  • 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: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: Third
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $1,350.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 6.00
  • Unit 5:# of Bedrooms: 3.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: Yes
  • Unit 6:Level: Second
  • Unit 6:Security Deposit: Yes
  • Unit 6:Monthly Rent: $1,000.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 3.00
  • Unit 6:# of Bedrooms: 3.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: No
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit 7
  • Unit 7:Lease: Yes
  • Unit 7:Level: Third
  • Unit 7:Security Deposit: Yes
  • Unit 7:Monthly Rent: $1,000.00
  • Unit 7:# Full Baths: 1.00
  • Unit 7:# Half Baths: .00
  • Unit 7:# of Rooms: 3.00
  • Unit 7:# of Bedrooms: 2.00
  • Unit 7:Dedicated Electric Meter: Yes
  • Unit 7:Dedicated Gas Meter: No
  • Unit 7:Dedicated Water Heater: No
  • Unit 7:Electric: No
  • Unit 7:Heat: Yes
  • Unit 7:Range: Yes
  • Unit 7:Refrigerator: Yes
  • Unit 7:Sewer: Yes
  • Unit 7:Water: Yes
Unit 8
  • Unit 8:Lease: Yes
  • Unit 8:Level: Basement
  • Unit 8:Security Deposit: Yes
  • Unit 8:Monthly Rent: $1,500.00
  • Unit 8:# Full Baths: 1.00
  • Unit 8:# Half Baths: .00
  • Unit 8:# of Rooms: 1.00
  • Unit 8:# of Bedrooms: 1.00
  • Unit 8:Dedicated Electric Meter: Yes
  • Unit 8:Dedicated Gas Meter: No
  • Unit 8:Dedicated Water Heater: No
  • Unit 8:Electric: Yes
  • Unit 8:Heat: Yes
  • Unit 8:Range: Yes
  • Unit 8:Refrigerator: Yes
  • Unit 8:Sewer: Yes
  • Unit 8:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 5
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 2
  • Units:# of 4+ BD Units: 0

Property History for 72-74 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 72-74 3rd Street

This home is within Bangor Public Schools.
Rating
School
Type
Grades
Distance
Vine Street School
Public - PK to 3
Fairmount School
Public - 4 to 5
James F. Doughty School
Public - 6 to 8
Bangor High School
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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