Bangor, ME 04401,186 3rd ST
Bangor, ME 04401,186 3rd ST
Bangor, ME 04401,186 3rd ST
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Listed by ERA Dawson-Bradford Co.
$70,000
4 Beds
1 Bath
1,280 SqFt
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Key Details

Property Type Residential

Sub Type Single Family Residence

Listing Status Active

Square Footage 1,280 sqft

MLS Listing ID 1615212

Style Other

Bedrooms 4

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,280

Originating Board Maine Listings

Year Built 1900

Annual Tax Amount $688

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Single Family Residence

Property Description

Investor Opportunity in Prime Bangor Location - 186 Third St

Unlock the potential of this 3-bedroom, 1-bathroom home with incredible value-add possibilities! With a little vision, this property can easily be converted into a 4-bedroom, 1.5-bathroom layout — perfect for increasing rental income or resale value. Plus, enjoy peace of mind knowing a **brand-new roof was added in early January 2025**, saving you on major upfront costs.

But the opportunity doesn't stop there — after discussions with the city, it's confirmed that an investor could remove the existing structure and build a single-family home with an ADU (Accessory Dwelling Unit). This opens the door for dual rental income or a flexible multi-generational living space, making it a truly versatile investment.

Located just minutes from the Maine Savings Amphitheatre and Bangor's growing downtown area, this property sits in a developing neighborhood with rising demand and excellent long-term potential. Whether you choose to renovate, rebuild, or rent, this is an investment you don't want to miss.

Don't wait — opportunities like this are rare in such a prime location!

Location

State ME

County Penobscot

Zoning URD-1

Rooms

Basement Walk-Out Access, Brick/Mortar

Master Bedroom First

Bedroom 2 Second

Bedroom 3 Second

Bedroom 4 First

Kitchen First

Interior

Heating No Heat System

Cooling None

Flooring Wood

Fireplace No

Exterior

Parking Features 1 - 4 Spaces, Gravel

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot, Intown, Near Turnpike/Interstate

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Oil


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Maine MLS (MREIS) IDX

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186 3rd ST