3-Unit Residential Income
77 Center Street Bangor, ME 04401
New
77 Center Street, Bangor, ME, 04401
$350,000
For Sale
$350,000
MULTI_FAMILY - Colonial - Bangor, ME
Property Size2,070 SF
Lot Size0.16 Acres
Price / SF$169.08
Days on Market6
Property Features for 77 Center Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RES
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Basement, 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 agency
Keller Williams Realty
(207) 879-9800
Listed by
Cash Wiseman
(207) 553-2663
Added: Jul 16 Checked: Jul 21 at 12:06PM
MLS# 1671472
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.
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
NOI $18,970 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$249.3K
$218.1K – $290.8K
NOI $17,448 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$668.6K
$585.0K – $780.0K
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
Similar For Sale Nearby
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
