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About the Listing 2165 - 024879,020300
Unlock substantial value with this versatile 3-unit multi-family property located in the heart of Bangor. Whether you are looking for a savvy owner-occupied residence to offset your mortgage or a turnkey addition to your investment portfolio, this property offers strong economic potential in a high-demand rental market. Unit Composition: 3 residential units totaling 3 bedrooms and 3 full baths. The owner chose not to fill 3rd unit for listing, but has had all 3 units filled and had interest in the current unit. At 700 USD per unit, leases are currently below market value and generate roughly ~25000 USD, gross, per year. Turnkey Portfolio Addition: Benefit from established rental history and the opportunity to optimize the 3rd unit for maximum economic performance. Expenses for 2025 were 6,787.63 USD (natural gas for heat and hot water for all tenants, the building share of water/sewer/electric, insurance and property taxes)--NOI of over 18000! Owner-Occupied Advantage: Use the rental income from two units to significantly offset your mortgage while building equity in a competitive Maine market.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
1662790
Year Built
1900
Total Square Footage
1,144
Lot/Acreage
0.07
County
Penobscot
School District
Bangor Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas Natural,Baseboard,Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1144
- Below Ground Sq Ft: 0
- Basement: Interior,Full,Sump Pump,Unfinished
- Other: 1st Floor Bedroom
- Water: Public
Exterior Details
- Lot Description: Rolling/Sloping,Near Shopping,Near Town,Shopping Mall,River/Brook/Stream,Nearby
- Garage Capacity: N/A
- Zoning: URD-1
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,1 - 4 Spaces
Financial Details
- Tax Amount: $2,669
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
15 Grace Ct Bangor, ME 04401
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