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  • $626,000

    151 Glenwood Drive, Bangor, ME 04401

    8beds
    3,780sqft
    Multi Family
    Built in 2005
    -- sqft lot
    $617,100 Zestimate®
    $166/sqft
    $1,911 Estimated rent

    Home value

    $617,100

    $580,000 - $654,000

    $1,911/mo

    Zestimate® history
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    $1,911/mo

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    $1,911/mo

    Rent Zestimate®

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    $3,205/mo

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    What's special

    Prime location, and immaculately maintained FOUR UNIT APARTMENT COMPLEX WITH OWNER'S QUARTERS! The investment opportunity you have been waiting for in Bangor, Maine. Quality built by Libby Brothers Construction in 2005, located near Husson College, shopping and local restaurants. The four units have two bedrooms, one-bathroom, laminate flooring, carpeting, on-site parking and access to a laundry room with coin operated washer and dryer. The owner's unit is spacious boasting over 1000 square feet with two bedrooms, one bathroom, sliding glass doors leading to a back yard with trickling stream, wheelchair accessible and its own separate parking area. Currently, three tenants have month-to-month leases and the units are set up like townhouses with over 960 square feet of living space each. The owner's unit is vacant. Owner occupy the unit, or rent it out for future income. Renting out the owner's unit plus the current three units could have the potential of grossing $69,600.00 in income. This is the one to add to your real estate portfolio, the location is ideal for ensuring full occupancy and a nice rental history with nearby Husson College, Hospitals and public schools. Showing times and instructions are posted for all available viewings. Come take a look!

    Zillow last checked:

    Listing updated:

    Listed by:

    ERA Dawson-Bradford Co.

    Bought with:

    Worth Clark, Inc.

    Source: Maine Listings,MLS#: 1590797MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Hot Water, Radiant
    Cooling
    • None
    Appliances
    • Laundry: Laundry - Coin
    Features
    • Flooring: Carpet, Laminate, Tile
    • Basement: Interior Entry,Walk-Out Access,Finished,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,780
    • Total interior livable area: 3,780 sqft
    • Finished area above ground: 2,880
    • Finished area below ground: 900

    Property

    Parking
    • Parking features: Paved, 5 - 10 Spaces, On Site
    Features
    • Stories: 2
    Lot
    • Size: 0.28 Acres
    • Features: Neighborhood, Corner Lot, Landscaped
    Details
    • Parcel number: BANGM063L001
    • Zoning: 12 High Denstiy Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 2005

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & HOA

    Location
    • Region: Bangor

    Financial & listing details

    • Price per square foot: $166/sqft
    • Tax assessed value: $325,600
    • Annual tax amount: $6,235
    • Date on market: 5/24/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/28/2024Sold$626,000+13.8%$166/sqft
    Source: Maine Listings #1590797 Report a problem
    6/3/2024Pending sale$549,900$145/sqft
    Source: Maine Listings #1590804 Report a problem
    5/24/2024Listed for sale$549,900$145/sqft
    Source: Maine Listings #1590797 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,235 $325,600
    2023$6,235 +8.9%$325,600 +16%
    2022$5,726 +1.7%$280,700 +11.2%
    2021$5,631 $252,500
    2020$5,631 +4.1%$252,500 +7.4%
    2019$5,407 +4.4%$235,100 +4.2%
    2018$5,180 +1.8%$225,700
    2017$5,090 +2.1%$225,700 +1.9%
    2016$4,984 +1.6%$221,500 -0.9%
    2015$4,906 +39.3%$223,500 +38.3%
    2014$3,523 +7.1%$161,600 +2.2%
    2013$3,288 -2.7%$158,100 +5.8%
    2012$3,379 +19.5%$149,500 +1.5%
    2011$2,828 +6%$147,300 +5.2%
    2009$2,667 -1.3%$140,000 -1.3%
    2008$2,703 $141,900 +4.9%
    2006-- $135,300
    Find assessor info on the county website

    Neighborhood: 04401

    Nearby schools

    GreatSchools rating
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