Well-Maintained Two-Unit Property in
95 7th Street, Bangor, ME 04401
New
MULTI_FAMILY - Split Level - Bangor, ME
Property size:
2,327 SFLot size:
0.21 AcresPrice / SF:
$109/SF- Added:
- May 31, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 1 at 7:06 pm
Property Features for 95 7th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 11 URD1
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bathroom 1
- Patio and Porch features
- Porch
- Interior features
- 1st Floor Bedroom
- Basement
- Unfinished
- Standard status
- Active
- Size
- 2,327 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 2965
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Other (Heating), Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Wood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Split Level
Listing agent Adrian Nadeau (207) 947-3363
Listing office ERA Dawson-Bradford Co. 417 Main Street, Bangor, ME (207) 947-6788
Listing date May 31, 2026
MLS# 1664748
Listing URL
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
- Vacant two‑unit property offering flexible rental rates and lease terms. Great for investors or owner‑occupants.
- Each unit has a private entrance and ample rear parking.
- Move‑in ready condition, professionally cleaned.
- Convenient location near amenities: Cross Insurance Center, waterfront, parks, schools, shopping, restaurants, and public transportation.
- Second‑floor unit features a unique spiral staircase leading to a loft area.
- Connected to public water and sewer with natural gas available; full basement for storage.
Overview
Located in a convenient area of Bangor, this well-maintained two-unit property offers an investment opportunity. The property is currently vacant, offering flexibility in establishing rental rates and lease terms. Each unit has a private entrance and ample rear parking. The property is connected to public water and sewer, with natural gas available from the street, and includes a full basement for additional storage. The first-floor apartment features a glass-enclosed porch, a functional kitchen, a spacious living room, two bedrooms, and a full bathroom. The second-floor unit offers an open layout with a large eat-in kitchen, three bedrooms, and access to a sunny rear deck. One of the bedrooms includes a spiral staircase leading to a loft area. The property is move-in ready and can be used as a traditional income-producing duplex or an owner-occupied residence with rental income potential. The property is located near the Cross Insurance Center, Bangor's scenic waterfront, public parks, schools, shopping centers, restaurants, entertainment venues, and recreational activities, with easy access to public transportation. The lot size is 0.21 acres, and the property size is 2327 square feet. The property is zoned 11 URD1.
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 | $32.1k | $13.80 |
| − Vacancy | −$1.6k | −$0.71 |
| EGI | $30.5k | $13.09 |
| − OpEx | −$9.1k | −$3.93 |
| NOI | $21.3k | $9.16 |
2,327 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$304.7K
$266.6K – $355.4K
NOI $21,326 @ 7.0% cap · market cap 8.37%
Second Best
Apartment 5plus
$280.2K
$245.2K – $326.9K
NOI $19,614 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$751.6K
$657.6K – $876.8K
NOI $52,609 @ 7.0% cap · market cap 20.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Penobscot
- State
- Maine
- Longitude
- -68.786971
- Latitude
- 44.797602
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property in Bangor with investment potential and convenient location.
Where is this duplex located?
The property is located at 95 7th Street Bangor, ME.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Vacant two‑unit property offering flexible rental rates and lease terms. Great for investors or owner‑occupants.; Each unit has a private entrance and ample rear parking.; Move‑in ready condition, professionally cleaned.
