85 Cumberland Street, Bangor, ME 04401
MULTI_FAMILY - Colonial - Bangor, ME
- Added:
- Jul 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 9 at 2:06 am
Property Features for 85 Cumberland Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- NRD-2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Basement
- Parking features
- Open
- Patio and Porch features
- Deck
- Pets allowed
- No
- Interior features
- Other Amenities, Walk-in Closets, 1st Floor Bedroom, Attic, Bathtub, Storage
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 2,712 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5109
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned, Baseboard, Oil, Propane (Heating), Hot Water(Heating)
- Water source
- Public
- Water front features
- Stream
Building Details
- Year built
- 1913
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Wood
- Building materials
- Wood Frame, Aluminum Siding
- Roof type
- Shingle
- Architectural style
- Colonial
- Additional Structures
- Storage, Other
Listing agent Kelley Fenlason Wallace Fenlason (207) 949-7376
Listing office EXP Realty 41 Hutchins Drive Building 3, Rangeley, ME (888) 439-8743
Listing date Jul 8, 2026
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
- Two‑unit multi‑family home built in 1913 with Colonial architecture
- 3 bedrooms and 1 full bath in each unit
- Multiple decks plus a nicely landscaped lot, paved driveway, and a large 2‑car garage
- Heating system includes propane and oil with baseboard, hot water heat, and zoned heating
- Wood and tile flooring with walk‑in closets and storage features
- Utilities/services: public water and public sewer; roof is shingle
Overview
The asset is located in Penobscot County at the Cumberland Street address noted above. Additional information about frontage, building condition, unit configuration, or any recent improvements is not provided with the listing details.
For buyers considering a small residential income opportunity, this property may fit an owner-operator or investor looking for a duplex/multifamily format within the NRD-2 zoning district. Because the listing does not include specifics such as unit count layout, current occupancy status, or lease terms, due diligence should focus on confirming how the space is currently configured and whether the intended use aligns with NRD-2 requirements. Prospective buyers may also want to verify the property’s operating expenses, rent-ready condition, and any permitting considerations tied to the site and improvements before making a final decision.
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 | $37.4k | $13.80 |
| − Vacancy | −$1.9k | −$0.71 |
| EGI | $35.5k | $13.09 |
| − OpEx | −$10.7k | −$3.93 |
| NOI | $24.9k | $9.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Penobscot
- State
- Maine
- Longitude
- -68.770584
- Latitude
- 44.806829
