74-76 Court Street, Bangor, ME 04401
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
Office: exp realty
MLS#:1660566
Source:ME_MREIS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$576.92
About this home
This 16-unit residential apartment building, located in Bangor, Maine, offers a remarkable investment opportunity in a desirable area. Low expenses with a net operating income of $142,000 +/- annually. 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, newer vinyl siding, 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. Seller has added 2 washers and 2 dryers that tenants can use onsite . Plus new foundation walls*. 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....
Contact an agent
Home facts
- Year built:1880
- Listing ID #:1660566
- Updated:August 08, 2026 at 11:13 AM
Rooms and interior
- Total bathrooms:16
- Full bathrooms:16
- Flooring:Tile, Vinyl
- Basement Description:Exterior Entry, Full
- Living area:2,600 sq. ft.
Heating and cooling
- Heating:Gas Natural, Heating, Hot Water
Structure and exterior
- Roof:Metal
- Year built:1880
- Building area:2,600 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Intown, Level, Open Lot
- Architectural Style:Colonial
- Construction Materials:Vinyl Siding, Wood Frame
- Foundation Description:Poured Concrete
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$576.92
- Tax amount:$5,687 (2025)
Features and amenities
- Laundry features:Washer Hookup
Parking
- Parking description:5 - 10 Spaces, Gravel, Off street, On Street
New listings near 74-76 Court Street
- New
$289,000Active-- beds 2 baths1,350 sq. ft.996 State Street, Bangor, ME 04401
MLS# 1675286Listed by: CENTURY 21 QUEEN CITY REAL ESTATE - New
$285,000Active4 beds 2 baths1,696 sq. ft.31 Wiley Street, Bangor, ME 04401
MLS# 1675287Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - New
$450,000Active-- beds 4 baths1,260 sq. ft.46 & 48 Fifth Street, Bangor, ME 04401
MLS# 1675050Listed by: YOUR HOME SOLD GUARANTEED REALTY - New
$419,900Active3 beds 3 baths1,904 sq. ft.124 Briarwood Drive, Bangor, ME 04401
MLS# 1675024Listed by: NEXTHOME EXPERIENCE - New
$339,000Active4 beds 2 baths1,973 sq. ft.261 Ohio Street, Bangor, ME 04401
MLS# 1674904Listed by: TRUE NORTH REALTY, INC. - New
$325,000Active3 beds 2 baths1,678 sq. ft.89 Parkview Avenue, Bangor, ME 04401
MLS# 1674835Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - New
$295,000Active2 beds 1 baths1,406 sq. ft.316 Fern Street, Bangor, ME 04401
MLS# 1674761Listed by: TRUE NORTH REALTY, INC. - Open Sat, 11am to 1pmNew
$350,000Active3 beds 1 baths1,188 sq. ft.180 Grove Street, Bangor, ME 04401
MLS# 1674706Listed by: NEXTHOME EXPERIENCE - New
$324,900Coming Soon4 beds 2 baths1,925 sq. ft.13 Fruit Street, Bangor, ME 04401
MLS# 1674726Listed by: REALTY OF MAINE - New
$419,000Active4 beds 2 baths2,283 sq. ft.118 Poplar Street, Bangor, ME 04401
MLS# 1674660Listed by: REALTY OF MAINE