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    123 Mount Hope Ave Bangor, ME 04401

    New
    For Sale
    $599,000

    Residential Multi Family, Other - Bangor, ME

    Lot size:
    0.71 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 123 Mount Hope Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    Lot size
    0.71 Acres

    Building Details

    Year built
    1954
    Architectural style
    Other

    NextHome, Inc

    Listing agent Cassie Pelletier (207) 573-7400 License #BA923297,PersonLicenseNumber

    Listing date Dec 2, 2025

    MLS# 1635273 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Income Property with Garage

    This extensively updated property offers versatility and income potential in a convenient location. It is well-suited for various living arrangements, offering opportunities to generate continuous rental income, live in one unit while renting the other, or lease both units to maximize returns. Each unit provides comfortable living space with its own unique character, making it suitable for investors, multi-generational living, or owner-occupants seeking financial flexibility. Major updates have been completed, including a new roof, updated vinyl siding, a freshly paved driveway, and professional interior paint. The property is ideally situated near schools, shopping, restaurants, and everyday amenities, with quick access to Bangor's hospitals, local businesses, and the airport. The spacious detached garage can be rented out separately to maximize income potential. The property is located in Bangor, ME.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Penobscot
    State
    Maine
    Longitude
    -68.76004028
    Latitude
    44.81433868

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    FAQs

    What type of property is this?
    Duplex - Versatile income property near amenities with detached garage.
    Where is this duplex located?
    The property is located at 123 Mount Hope Ave Bangor, ME.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Strong income potential from two rental units and a detached garage.; - Extensively updated, including a new roof, updated vinyl siding, and a freshly paved driveway.; - Highly convenient location near schools, shopping, restaurants, and everyday amenities.
    (207) 573-7400
    Request Owner's contact information
    123 Mount Hope Ave Bangor, ME 04401
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    Bangor, ME 04401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 Mount Hope Ave Bangor, ME 04401
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