74-76 Court Street, Bangor, ME 04401
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
74-76 Court Street,Bangor, ME 04401
$1,023,500
- - Beds
- 16 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by:patricia largay
Office:realty of maine
MLS#:1634182
Source:ME_MREIS
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Price summary
- Price:$1,023,500
About this home
This 16-unit residential apartment building, located in Bangor, Maine, offers a remarkable investment opportunity in a desirable area. The property is conveniently situated on a bus route and is within walking distance to downtown Bangor, where residents can enjoy shopping, restaurants, and various amenities. Featuring off-street parking, the building has undergone numerous updates, including upgraded wiring, new Brewer vinyl siding, and fresh flooring and paint in all common areas. Additionally, new fire-rated exterior doors were installed, and the front roof was replaced in 2024, ensuring structural integrity and safety.
The property consists of 16 total units, with 8 of them equipped with high-output baseboard heaters. Many units have also been enhanced with updated kitchenettes and appliances, making them appealing to prospective tenants. The building maintains a low vacancy rate and generates strong cash flow, making it a rare find in the market with 16 units contained within a single structure.
Situated in the heart of Penobscot County, Bangor is a vibrant city known for its rich history and cultural significance. The area provides a blend of urban conveniences and natural beauty, featuring a variety of shopping venues, diverse dining options, and ample access to outdoor activities. This strong community atmosphere, along with Bangor's strategic location, positions it as an attractive market for multi-family investments.
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Home facts
- Year built:1880
- Listing ID #:1634182
- Updated:September 30, 2025 at 06:55 PM
Rooms and interior
- Total bathrooms:16
- Full bathrooms:16
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Year built:1880
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,023,500
- Tax amount:$5,796 (2025)
MREIS Multiple Listing Service™ system
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights ReservedNew listings near 74-76 Court Street
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