57 Elm St

Bangor, ME 04401
  • $325,000

    Price
  • 0

    Bed
  • 2

    Bath
  • 2,688

    SqFt

About the Listing 2983 - 016073

Well-maintained 1900 duplex in a convenient Bangor location offering flexibility for owner occupancy or investment. The front unit features 3-4 bedrooms and 1 full bath and is currently unoccupied, allowing for owner occupancy or the ability to establish new rental terms. The rear unit offers 2 bedrooms and 1 full bath and is occupied under a month-to-month lease. After purchase in July 2021, the hot water systems were separated so each unit now has its own independent hot water supply including a newer heat pump hot water heater added to one of the units providing the individual hot water service. Additional improvements completed since purchase include replacement of the sewer line from the house to the city main connection, along with any associated plumbing updates required at that time. Utilities were also completely separated for each apt, meaning the natural gas and electric meters were separated so each unit has its own heating system and electric service. Smart thermostats were added, along with updated wiring and 24-volt transformers in each apartment. Further updates include new refrigerators and washer/dryer sets in both units, a new electric range in one unit, new laminate flooring, and new carpeting on the stairway to the second level in the smaller unit. The driveway has been resurfaced with crushed gravel. Located near hospitals, downtown, shopping, parks, and many local amenities. public transportation available within one block. This move-in-ready duplex offers a strong rental history, excellent positive cash flow potential, and an exceptional opportunity for owner occupancy or continued investment use in Bangor.

Listing Highlights

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® 1650243
Year Built 1900
Total Square Footage 2,688
Lot/Acreage 0.11
County Penobscot
School District Bangor Public Schools

Interior Details

  • Bedrooms: 0
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Zoned,Radiator,Hot Water,Forced Air,Baseboard
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft: 2688
  • Below Ground Sq Ft: 0
  • Basement: Interior,Dirt Floor,Full,Unfinished
  • Other: 1st Floor Bedroom,Bathtub,Pantry,Shower
  • Water: Public

Exterior Details

  • Lot Description: Open,Level,Sidewalks,Intown,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Near Public Transit
  • Garage Capacity: N/A
  • Zoning: Residential
  • Roof: Flat,Membrane
  • Others:
  • Sewer: Public Sewer
  • Parking Features: 5 - 10 Spaces,Gravel,On Site,Off Street

Financial Details

  • Tax Amount: $3,743
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

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57 Elm St Bangor, ME 04401

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Originating MLS: Maine Listings

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