72-74 Third Street, Bangor, ME 04401
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
72-74 Third Street,Bangor, ME 04401
$1,289,900
- - Beds
- 8 Baths
- 12,418 sq. ft.
- Multi-family
- Active
Listed by: kortnie mullins, renee hudgens kortnie mullins
Office: realty of maine
MLS#:1644615
Source:ME_MREIS
Price summary
- Price:$1,289,900
- Price per sq. ft.:$103.87
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:December 03, 2025 at 10:11 PM
Rooms and interior
- Total bathrooms:8
- Full bathrooms:8
- Living area:12,418 sq. ft.
Heating and cooling
- Heating:Baseboard, Heat Pump, Hot Water
Structure and exterior
- Year built:1880
- Building area:12,418 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,289,900
- Price per sq. ft.:$103.87
- Tax amount:$8,080 (2026)
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 72-74 Third Street
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