71 1st Street, Bangor, ME 04401

Bangor
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
71 1st Street,Bangor, ME 04401
$324,900
  • - Beds
  • 5 Baths
  • 2,776 sq. ft.
  • Multi-family
  • Active Under Contract
Office: century 21 queen city real estate
MLS#:1668153
Source:ME_MREIS

Price summary

  • Price:$324,900
  • Price per sq. ft.:$117.04

About this home

**71 First St, Bangor, ME** Solid 5 unit investment property with the big ticket items already taken care of. The current owner has made major capital improvements, including a new roof, new siding, new windows, and an updated natural gas furnace. These are some of the most expensive items investors typically face with older multifamily properties, giving the next owner a strong foundation from day one. The building offers a desirable unit mix with two 2 bedroom apartments and three 1 bedroom apartments. All units are currently on month to month leases, creating flexibility for a new owner to improve operations, adjust rents, and increase overall income potential. While the exterior and major systems have already been addressed, the interiors still offer room for value add improvements. Cosmetic updates to the units could help support higher rents, attract stronger tenants, and create forced appreciation over time. This is a property where the next investor can focus on...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:1668153
  • Updated:August 12, 2026 at 08:36 AM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Hardwood, Laminate, Plank, Vinyl
  • Basement Description:Dirt Floor, Interior Entry
  • Living area:2,776 sq. ft.

Heating and cooling

  • Cooling:Window Unit (s)
  • Heating:Baseboard, Gas Natural, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:2,776 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Business District, Intown, Level, Near Golf Course, Near Shopping, Near Town
  • Architectural Style:Colonial
  • Construction Materials:Masonry, Stone, Vinyl Siding, Wood Frame
  • Foundation Description:Stone
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$324,900
  • Price per sq. ft.:$117.04
  • Tax amount:$3,111 (2024)

Features and amenities

  • Appliances:ENERGY STAR Qualified Appliances

Parking

  • Parking description:Off street, On Site, Other
MLS LogoMREIS Multiple Listing Service™ systemListing 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

New listings near 71 1st Street