72-74 Third Street, Bangor, ME 04401
Local realty services provided by:CENTURY 21 Advantage
72-74 Third Street,Bangor, ME 04401
$1,279,900
- - Beds
- 8 Baths
- 12,418 sq. ft.
- Multi-family
- Active
Office: realty of maine
MLS#:1644615
Source:ME_MREIS
Price summary
- Price:$1,279,900
- Price per sq. ft.:$103.07
About this home
A rare and impressive opportunity to own an 8-unit multi-family in the historic heart of Bangor, offering strong upside for either an investor or future owner-occupant. This stately brick property features a well-balanced unit mix — five 1-bedroom units, one 2-bedroom unit, and two expansive 3-bedroom penthouse-style apartments — providing excellent versatility and strong market demand across multiple rental demographics.
Inside, the building showcases a thoughtful combination of preserved period details and modern enhancements. Original woodwork and architectural character remain intact, complemented by beautifully updated interiors. Each unit features granite-appointed kitchens with stainless-steel appliances, custom-tiled baths with quality finishes, solid oak flooring, and newer windows, creating a warm and refined living environment that sets the building apart from typical rental stock.
Behind the scenes, all major building systems have been responsibly upgraded — including new plumbing throughout, a complete electrical overhaul with upgraded service entrance, and a full roof system replacement in 2019. Additionally, extensive repointing of the brick exterior enhances structural longevity and curb appeal. The property also offers a generous off-street parking area to the rear of the building, accommodating all units — a significant advantage in an in-town location.
With 100% occupancy, long-term responsible tenants, and a very strong rental history, this building represents a stable and turnkey addition to any real estate portfolio. Its proximity to downtown Bangor provides walkable access to shops, restaurants, entertainment, public transportation, and employment centers — supporting ongoing tenant retention and future rental rate potential.
This property truly delivers the best of both worlds: architectural charm and durability, coupled with modern amenities and secure income performance. Rent roll and financials available upon request....
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Home facts
- Year built:1880
- Listing ID #:1644615
- Updated:November 05, 2026 at 12:00 PM
Rooms and interior
- Total bathrooms:8
- Full bathrooms:8
- Flooring:Tile, Vinyl, Wood
- Bathrooms Description:Shower
- Bedroom Description:1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
- Basement Description:Exterior Entry, Finished, Full, Walk-Out Access
- Living area:12,418 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Gas Natural, Heat Pump, Heating, Hot Water
Structure and exterior
- Roof:Fiberglass, Shingle, Tar/Gravel
- Year built:1880
- Building area:12,418 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Intown, Level, Near Golf Course, Near Public Transit, Near Shopping, Near Turnpike/Interstate, Neighborhood, Open Lot
- Construction Materials:Brick, Stone, Wood Frame
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,279,900
- Price per sq. ft.:$103.07
- Tax amount:$8,080 (2026)
Features and amenities
- Laundry features:Laundry - Coin
Parking
- Parking description:5 - 10 Spaces, Common, Gravel, Off street, On Site
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