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3-Unit Residential Income Property

77 Center Street Bangor, ME 04401

Claim this Listing
New
For Sale
$350,000

MULTI_FAMILY - Colonial - Bangor, ME

Property size:
2,070 SF
Lot size:
0.16 Acres
Price / SF:
$169.08/SF
Added:
Jul 13, 2026
Days on Market:
2
Last Refresh:
Jul 14 at 12:06 pm

Property Features for 77 Center Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bathrooms
3
Rooms
Basement, Bathroom 1, Bathroom 2, Bathroom 3
Patio and Porch features
Porch
Basement
Full
Standard status
Active
Size
2,070 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
25
Tax Annual Amount
4714

Utilities

Sewer type
Public Sewer
Heating system
Oil, Hot Water(Heating)
Water source
Public

Building Details

Year built
1914
Number of units
3
Flooring type
Wood
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Colonial

Listing agent Cash Wiseman

Listing office Keller Williams Realty 50 Sewall Street, Portland, ME

Listing date Jul 13, 2026

MLS# 1671472 Listing URL

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale residential income property offers a total of three units within a well-maintained multi-family building. The layout includes classic interior character, highlighted by a fireplace, and the building provides a rare 2-car garage for additional storage or parking.

The property is located at 77 Center Street in Bangor, within Penobscot County. The site is approximately 0.16 acres and the building size is approximately 2,070 square feet. Zoning is listed as RES.

Overall, the building is configured as a 3-unit investment or owner-occupied option, with on-site garage space and in-unit fireplace features.

Key Highlights

  • 3‑unit multi‑family at 77 Center Street in Bangor
  • 2‑car garage for storage and/or parking
  • Year built 1914 Colonial‑style building with wood frame and vinyl siding

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.6k $13.80
− Vacancy −$1.5k −$0.71
EGI $27.1k $13.09
− OpEx −$8.1k −$3.93
NOI $19.0k $9.16
2,070 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$271.0K
$237.1K – $316.2K (±1% cap)
NOI $18,970 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$249.3K
$218.1K – $290.8K (±1% cap)
NOI $17,448 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$668.6K
$585.0K – $780.0K (±1% cap)
NOI $46,799 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Pet Store & Service (Bike/Boat/Book/etc) Store Plumbing Service Fish Market

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

FAQs

What type of property is this?
Triplex - Versatile 3-unit building with a 2-car garage and fireplace features, offered for sale in Bangor.
Where is this triplex located?
The property is located at 77 Center Street Bangor, ME.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3‑unit multi‑family at 77 Center Street in Bangor; 2‑car garage for storage and/or parking; Year built 1914 Colonial‑style building with wood frame and vinyl siding
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More about this property
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