96 E Broadway

Bangor, ME 04401

MLS ID# 1586762 Pending

Get directions

$574,900

4000 sqft

• Images
• Map

View Larger

 

• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Details
• Virtual Tour 1

Description

2 Duplexes - 4 Units - Additional Subdivision Building Lot - Investor's Dream! ----- Step into this fantastic multifamily property, perfectly positioned in a bustling town locale, offering not one, but two charming duplexes on a generous lot. Picture this: two duplexes, each internal unit a mirror image of the other, providing easy, no-fuss living arrangements. True duplexes. ----- Currently, the rents are a steal, sitting comfortably below market value, yet still turning a tidy profit. This setup is a dream for investors looking to make their money work for them, or for savvy homebuyers seeking a place to call home with the added bonus of rental income. a 50% increase in rents would easily be supported in this market and still be very competitive. ----- Each of the four units boasts two cozy bedrooms and a well-sized bathroom, making them ideal for comfortable living. Tucked away behind the duplexes is private parking and a driveway, leading to an extra building lot included in the sale. Imagine the possibilities! ----- With roofs less than six years old, you can rest easy knowing that maintenance won't be a headache. And if you're curious about layouts, we've got you covered with available floor plans. ----- Ready to seize the opportunity of a lifetime? Come and see for yourself what awaits at this prime Bangor location. 2 duplex units and an additional building lot ready for expansion. ----- Your multifamily dream home is waiting! 2 Duplexes - 4 Units - Additional Subdivision Building Lot - Investor's Dream! ----- Step into this fantastic multifamily property, perfectly positioned in a bustling town locale, offering not one, but two charming duplexes on a generous lot. Pictu... show more

Location Information

• Street # 96
• Pre Direction E
• Street Name Broadway
• County Penobscot
• Town Bangor
• State/Province ME
• Zip Code 04401
• Zip +4 3461
• Leased Land No
• Book 3119/3254
• Page 48/224
• Map 44
• Lot 004/004B
• Zoning RES
• Zoning Overlay No
• Tax ID BANG-000044-000000-000004
• Association No
• Full Tax Amount 8330
• Tax Year 2023

Property Information

• Surveyed Unknown
• Seasonal No
• 2 Detached Houses on 1 Lot Yes
• Number of Units 4
• Total Baths 4
• Total Full Baths 4
• Total Half Baths 0
• Year Built 1981
• SqFt Finished Above Grade 4000
• SqFt Finished Below Grade 0
• SqFt Finished Total 4000
• SqFt Source Measured
• Garage No
• Lot Size Acres +/- 0.93
• Source of Acreage Public Records

Compensation & Misc Info

• Buyer Agency 2%

Details

• Site

  Level, Open

• Roads

  Paved, Public

• Water Info

  No Water Frontage, No Water View

• Income & Expenses

  Gross Income:51600, Operating Expenses:11430

• Units

  # of 1 BD Units:0, # of 2 BD Units:4, # of 3 BD Units:0, # of 4+ BD Units:0

• Unit 1

  Lease, Level:First, Security Deposit, Monthly Rent:950, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  Lease, Level:First, Security Deposit, Monthly Rent:950, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 3

  Lease, Level:First, Security Deposit, Monthly Rent:1250, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 4

  Lease, Level:First, Security Deposit, Monthly Rent:1250, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Style

  Raised Ranch, Ranch

• Construction

  Wood Frame

• Basement

  Daylight, Finished, Full, Walkout Access

• Basement Entry

  Walk-Out

• Exterior

  Shingle Siding, Vinyl Siding, Wood Siding

• Roof

  Shingle

• Heat System

  Baseboard

• Heat Fuel

  Electric

• Water Heater

  Electric

• Cooling

  None

• Floors

  Carpet, Laminate

• Amenities

  Bathtub

• Driveway

  Gravel

• Parking

  5 - 10 Spaces

• Vehicle Storage

  No Vehicle Storage

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public