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First Choice Real Estate

First Choice Real Estate
Houlton, ME 04730
Office: 207-532-4037
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Listing 12 out of 183
$129,222 For Sale

100 3rd Street
Bangor, ME 04401

2 units | Multi Family Home
0.14 acres - MLS# 1428688
Property Photo


THE OUTCOME IS THE INCOME! Located close to downtown, this 2 unit has a positive cash flow yielding you a cap rate of over 10. First and second floor units feature 2 bedrooms apiece, each have their own laundry hook up and there is plenty of off street parking. Owner just installed in 2018 a new Biasi boiler for heat and hot water. Tenants pay for electricity while landlord pays for oil heat. Vinyl siding and thermopane windows are already in place. Both units have leases through April, 2020. Tenants like the off street parking and the Bangor City Bus goes by the house when a car is not available. With this cash flow, you will have the mortgage paid off early. YOUR DOLLARS MAKE $ENSE when invested in this two unit.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Penobscot-County
  • Zip Code: 04401
  • Year Built: 1900
  • Sq.Ft.: 2,129 sq ft
  • Style: Colonial
  • Units: 2 units
  • Basement: Full, Sump Pump, Unfinished
  • Lot Size: 0.14 acres
  • Zoning: URD-2
  • # Heating Units: 1
  • # Stories: 2
  • # Water Heaters: 1
  • # of Full Baths: 2
  • Amenities: 1st Floor Bedroom, Attic, Bathtub, Deck, Laundry - 1st Floor, Laundry - 2nd Floor, One-Floor Living, Porch
  • Color: Tan
  • Construction: Wood Frame
  • Driveway: Gravel
  • Electric: Circuit Breakers
  • Equipment: Cable, Internet Access Available, Satellite Dish
  • Exterior: Vinyl Siding
  • Floors: Carpet, Vinyl, Wood
  • Foundation Materials: Brick/Mortar, Poured Concrete, Stone
  • Full Tax Amount: 1985
  • Gas: Natural - At Street
  • Heat Fuel: Oil
  • Heat System: Baseboard, Hot Water, Multi-Zones
  • Location: Intown, Near Shopping, Neighborhood
  • Lot: 213
  • Parking: 1 - 4 Spaces, On Site
  • Restrictions: 1 Pet
  • Road Frontage +/-: 60
  • Roads: Public
  • Roof: Shingle
  • Sewer: Public Sewer
  • Site: Level
  • SqFt Finished Above Grade: 2129
  • SqFt Source: Measured
  • Tax Year: 19-20
  • Units: # of 2 BD Units: 2
  • Vehicle Storage: No Vehicle Storage, Off Street Parking
  • Water: Public
Courtesy of Keller Williams Realty


First Choice Real Estate | 207-532-4037 | Contact Us
46 North Street - Houlton, ME 04730
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