57 Elm Street Bangor, ME 04401

This well-maintained duplex, constructed in 1900, is situated in a convenient Bangor location. It presents options for either owner occupancy or investment. The front unit, currently unoccupied, includes 3 to 4 bedrooms and 1 full bath, providing flexibility for owner occupancy or establishing new rental terms. The rear unit features 2 bedrooms and 1 full bath and is currently occupied under a month-to-month lease. Since July 2021, improvements include separated hot water systems, providing each unit with its own independent hot water supply, including a newer heat pump hot water heater added to one of the units. Further improvements include replacement of the sewer line from the house to the city main connection, along with associated plumbing updates. Utilities were also completely separated for each apartment, including separate natural gas and electric meters, so each unit has its own heating system and electric service. Smart thermostats, updated wiring, and 24-volt transformers have been added in each apartment. Additional updates include new refrigerators and washer/dryer sets in both units, a new electric range in one unit, new laminate flooring, and new carpeting on the stairway to the second level in the smaller unit. The driveway has been resurfaced with crushed gravel. The property is located near hospitals, downtown, shopping, parks, and many local amenities, with public transportation available within one block. This move-in-ready duplex on a 0.11-acre lot offers a strong rental history and excellent positive cash flow potential, presenting an exceptional opportunity for owner occupancy or continued investment use in Bangor.