Colonial Duplex
36 Larkin Street Bangor, ME 04401
New
For Sale
$309,900
MULTI_FAMILY - Colonial - Bangor, ME
Property Size2,112 SF
Lot Size0.15 Acres
Price / SF$146.73
Days on Market2
Property Features for 36 Larkin Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
URD-1
Bathrooms
2
Rooms
Bathroom 1, Basement, Bathroom 2
Parking features
Off Street
Basement
Full, Unfinished
Standard status
Active
Size
2,112 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2990
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard, Propane (Heating)
Water source
Public
Building Details
Year built
1900
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
Berkshire Hathaway HomeServices Northeast Real Estate
(207) 942-8261
Listed By:
Emily Ellis · License #SP40986
(207) 852-7691
Added: Jul 28
Last Checked: Jul 29 at 1:06AM
MLS# 1673831
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 colonial duplex provides approximately 2,112 square feet of residential income space, situated on a 0.15-acre lot. The property is classified as duplexes, multifamily, and residential income property, with URD-1 zoning noted for the site.
Located at 36 Larkin Street in Bangor, Maine (Penobscot County), the home is positioned within a defined urban residential development zoning district (URD-1).
Located at 36 Larkin Street in Bangor, Maine (Penobscot County), the home is positioned within a defined urban residential development zoning district (URD-1).
Key Highlights
- Colonial‑style home built in 1900
- Wood frame construction with vinyl siding
- Roof is shingle
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 | $29.1k | $13.80 |
| − Vacancy | −$1.5k | −$0.71 |
| EGI | $27.7k | $13.09 |
| − OpEx | −$8.3k | −$3.93 |
| NOI | $19.4k | $9.16 |
2,112 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$276.5K
$241.9K – $322.6K
NOI $19,355 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$254.3K
$222.5K – $296.7K
NOI $17,802 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$682.1K
$596.9K – $795.8K
NOI $47,748 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - For sale duplex with URD-1 zoning and approximately 2,112 square feet on a 0.15-acre lot in Bangor, Maine.
Where is this duplex located?
The property is located at 36 Larkin Street Bangor, ME.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Colonial‑style home built in 1900; Wood frame construction with vinyl siding; Roof is shingle
