Triplex with Two-Car
New
For Sale
$299,000
77 Center Street, Bangor, ME 04401
Multi-Family, Bangor, ME
Property Size2,070 SF
Lot Size0.16 Acres
Price / SF$144.44
Days on Market2
Property Features for 77 Center Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Basement, Bathroom 2
Patio and Porch features
Porch
Basement
Full
Lot features
Well Landscaped, Corner Lot, Level, Intown, Near Shopping
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
Hot Water(Heating), Oil
Water source
Public
Amenities
fireplace
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 · License #BR714470
(207) 553-2663
Added: Oct 15
Last Checked: Oct 16 at 10:06AM
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.
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Investment Insights
Based on property information with market context.
This Colonial-style triplex contains three units across 2,070 square feet. Built in 1914, the wood-frame structure has vinyl siding, wood floors, and a shingle roof. A two-car garage, porch, and fireplace are also part of the property. Heating is provided by an oil-fired hot-water system.
The 0.16-acre property is served by public water and public sewer and carries RES zoning. The address is 77 Center Street in Bangor, Maine.
The 0.16-acre property is served by public water and public sewer and carries RES zoning. The address is 77 Center Street in Bangor, Maine.
Key Highlights
- Three‑unit triplex with a two‑car garage
- 2,070 square feet on a 0.16‑acre parcel
- Built in 1914; Colonial architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,970
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,400
$379.4K
Cap Rate 7%
$271,000
$271.0K
Cap Rate 9%
$210,778
$210.8K
Market Conditions
NOI Build-Up for 2,070 SF
Gross rent
$28.6K $13.80/SF
− Vacancy
−$1.5K −$0.71/SF
EGI
$27.1K $13.09/SF
− OpEx
−$8.1K −$3.93/SF
NOI
$19.0K $9.16/SF
Area
Penobscot County, ME
Vacancy
5.13%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,400
Cap Rate 7%
$271,000
Cap Rate 9%
$210,778
Alternative Uses
Best Use
Multifamily LT 5
$271.0K
$237.1K – $316.2K
NOI $18,970 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$249.3K
$218.1K – $290.8K
NOI $17,448 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$668.6K
$585.0K – $780.0K
NOI $46,799 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,122
Businesses Nearby
Explore this area
Business Placement
Demographics for 04401, ME
44,608
Population
20,932
Households
2.1
Avg Household Size
40
Median Age
37%
College-Educated
96%
High-School Grad
100.1 sq mi
ZIP Area
446
Density / Sq Mi
$66,136
Median Household Income
$40,863
Median Earnings
$1,048
Median Rent
$229,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - A porch, wood flooring, and fireplace complement the residential layout.
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 $299,000.
What are key features of this property?
This property features: Three‑unit triplex with a two‑car garage; 2,070 square feet on a 0.16‑acre parcel; Built in 1914; Colonial architectural style
