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65 Second Street Bangor, ME 04401
- $325,000
- 3 Full Baths
- Year Built: 1900
- Multi-Unit
- Listing #1595572
Investment Opportunity in Bangor: Fully Rented Triplex with Recent Renovations Discover a prime income-generating property in the heart of Bangor with this fully rented triplex, presenting a compelling investment opportunity: Unit 1: Spacious 2-bed, 1-bath unit $1,100/month Lease ends 3/31/2025. Unit 2: Recently renovated in 2024 2-bed, 1-bath unit $1,250/month Lease ends 8/5/2024. Unit 3: Renovated in 2023 1-bed, 1-bath unit currently rented at $875/month on a flexible month-to-month lease. Key Features: Mechanical Systems: Updated in 2013 with a hot air furnace and on-demand hot water heater, ensuring efficiency and lower maintenance costs. Recent Upgrades: Including a sewer line replacement in November 2022, indicating a well-maintained property. Income Streams: Coin-operated laundry facilities add to the revenue stream. Location Benefits: Situated minutes from downtown Bangor, offering easy access to public transportation, grocery stores, gas stations, waterfront concerts, a casino, restaurants, and diverse businesses. Additional Details: Restrictions: No smoking and no dogs policy ensures property upkeep. Potential: Stable rental income with opportunities for appreciation in a growing urban area. This triplex represents a lucrative income opportunity with reliable tenants and recent updates. Ideal for savvy investors seeking steady cash flow and future growth potential in a vibrant community. Don't miss out on this turnkey investment in Bangor's thriving rental market. Schedule your viewing today to explore this promising investment prospect!
| Price | $325,000 |
|---|---|
| Bathrooms | 3 Full Baths |
| Year Built | 1900 |
| Property Type | Multi-Unit |
| Listing # | 1595572 |
| Status | Active |
| Listing Type | For Sale |
| Lot Size | 0.14 acres |
|---|
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.