Bangor Multifamily Investment
72-74 Third Street, Bangor, ME 04401
- Added:
- Mar 30, 2026
- Days on Market:
- 45
- Last Refresh:
- May 13 at 7:06 pm
Property Features for 72-74 Third Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 14 Urban Res Dist 2
- Rooms
- Basement
- Parking features
- Off Street
- Basement
- Finished, Walk-Out Access, Full
- Standard status
- Active
- Size
- 12,418 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 8080
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard, Hot Water(Heating), Heat Pump (Heating), Electric (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1880
- Number of units
- 8
- Flooring type
- Wood, Vinyl, Tile
- Building materials
- Stone, Wood Frame, Brick
- Roof type
- Fiberglass, Tar/Gravel, Shingle
Listing agent Kortnie Mullins (207) 991-4924
Listing office Realty of Maine 458 Main Street, Bangor, ME (207) 942-6310
Listing date Mar 30, 2026
MLS# 1644945
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.
HighLights
- Turnkey 8‑unit multi‑family property in historic Bangor with 100% occupancy and strong rental history.
- Mix of unit sizes caters to diverse tenant demographics.
- Updated interiors with granite kitchens, stainless steel appliances, custom‑tiled baths, and solid oak flooring.
- Major building systems upgraded: new plumbing, complete electrical overhaul, and 2019 roof replacement.
- Off‑street parking provided for all units.
- Walkable to downtown Bangor's shops, restaurants, entertainment, and public transportation.
Overview
This 8-unit multifamily property is located in the historic heart of Bangor. The brick building features five 1-bedroom units, one 2-bedroom unit, and two 3-bedroom penthouse-style apartments. The units feature granite-appointed kitchens with stainless-steel appliances, custom-tiled baths with quality finishes, solid oak flooring, and newer windows. Original woodwork and architectural character are complemented by updated interiors. Building systems have been upgraded with new plumbing, a complete electrical overhaul with upgraded service entrance, and a full roof system replacement in 2019. The brick exterior has been repointed. A generous off-street parking area is located to the rear of the building. The property is currently 100% occupied with long-term tenants and a strong rental history. It is located in close proximity to downtown Bangor, with walkable access to shops, restaurants, entertainment, public transportation, and employment centers. The lot size is 0.21 acres and the property size is 12418 square feet. The zoning is 14 Urban Res Dist 2.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Penobscot
- State
- Maine
- Longitude
- -68.7783386
- Latitude
- 44.7982923
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight-unit multifamily property in historic Bangor with modern upgrades.
Where is this apartment building located?
The property is located at 72-74 Third Street Bangor, ME.
What is the asking price?
The asking price for this property is $1,289,900.
What are key features of this property?
This property features: Turnkey 8‑unit multi‑family property in historic Bangor with 100% occupancy and strong rental history.; Mix of unit sizes caters to diverse tenant demographics.; **Updated interiors with granite kitchens, stainless steel appliances, custom‑tiled baths, and solid oak flooring.**
