Excellent investment opportunity in BANGOR - a well-maintained 4-unit apartment building with washer/dryer hookups in each unit. The current configuration includes two 2-bedroom apartments, a unique 1-bedroom/expanded studio, and a spacious 3-bedroom unit. You'll appreciate the updated interior, showcasing modern kitchens and bathrooms to help ensure tenant attraction and retention. Exterior features vinyl windows and siding for easy upkeep; ample parking; and a nice backyard for outdoor enjoyment. The natural gas fired boiler offers cost-effective heating. Ideal for new or seasoned investors seeking to expand their property portfolio in the high demand Bangor market With gross renal income of over $58k annually- the numbers are favorable for immediate cash flow! Call today to set up a showing of this income property.
Closed
$360,000
163 Warren Street, Bangor, ME 04401
8beds
3,184sqft
Multi Family
Built in 1900
-- sqft lot
$411,200 Zestimate®
$113/sqft
$1,818 Estimated rent
Home value
$411,200
$382,000 - $444,000
$1,818/mo
Zestimate® history
Owner options
List your home for rent
$1,818/mo
Rent Zestimate®
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$1,818/mo
Rent Zestimate®
Refinance and save
$1,843/mo
Est. payment
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$1,843/mo
Est. payment
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List your homeWhat's special
Natural gas fired boilerNice backyardExpanded studioVinyl windowsAmple parking
Zillow last checked:
Listing updated:
Listed by:
EXP Realty
Bought with:
NextHome Experience
Source: Maine Listings,MLS#: 1581896
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- 1st Floor Bedroom, Bathtub
- Flooring: Carpet, Laminate, Vinyl, Wood
- Basement: Exterior Entry,Crawl Space,Full
Interior area
- Total structure area: 3,184
- Total interior livable area: 3,184 sqft
- Finished area above ground: 3,184
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Paved, 5 - 10 Spaces, On Site, Off Street
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 5,227 Square Feet
- Features: City Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Sidewalks, Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: BANGM034L183
- Zoning: URD2
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Block, Stone
- Roof: Shingle
Condition
- Year built: 1900
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: $113/sqft
- Tax assessed value: $247,600
- Annual tax amount: $4,742
- Date on market: 6/7/2024
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2024 | Sold | $360,000-5.2%$113/sqft |
Source:  Maine Listings #1581896 Report a problem | ||
| 6/7/2024 | Pending sale | $379,900$119/sqft |
Source: Maine Listings #1581896 Report a problem | ||
| 5/13/2024 | Listing removed | -- |
Source: Maine Listings #1581896 Report a problem | ||
| 5/2/2024 | Pending sale | $379,900$119/sqft |
Source: Maine Listings #1581896 Report a problem | ||
| 4/25/2024 | Price change | $379,900+5.5%$119/sqft |
Source: Maine Listings #1581896 Report a problem | ||
| 2/15/2024 | Pending sale | $360,000$113/sqft |
Source: Maine Listings #1581896 Report a problem | ||
| 2/10/2024 | Listed for sale | $360,000+172.7%$113/sqft |
Source: Maine Listings #1581896 Report a problem | ||
| 12/13/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/3/2023 | Listed for rent | $1,200+37.1% |
Source: Zillow Rentals Report a problem | ||
| 1/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/4/2023 | Listed for rent | $875-20.5% |
Source: Zillow Rentals Report a problem | ||
| 9/17/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/16/2022 | Listed for rent | $1,100+15.8% |
Source: Zillow Rental Manager Report a problem | ||
| 12/1/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/30/2021 | Listed for rent | $950+8.6% |
Source: Zillow Rental Manager Report a problem | ||
| 7/1/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/29/2021 | Listed for rent | $875+16.7% |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/26/2019 | Listing removed | $750 |
Source: Owner Report a problem | ||
| 11/23/2019 | Listed for rent | $750-14.3% |
Source: Owner Report a problem | ||
| 4/5/2019 | Listing removed | $875 |
Source: Owner Report a problem | ||
| 3/30/2019 | Listed for rent | $875+2.9% |
Source: Owner Report a problem | ||
| 12/29/2018 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 12/19/2018 | Listed for rent | $850+13.3% |
Source: Owner Report a problem | ||
| 4/17/2018 | Listing removed | $750 |
Source: Owner Report a problem | ||
| 4/11/2018 | Listed for rent | $750 |
Source: Owner Report a problem | ||
| 11/13/2015 | Sold | $132,000$41/sqft |
Source: Maine Listings #1204752 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,742 | $247,600 |
| 2023 | $4,742 +11.3% | $247,600 +18.5% |
| 2022 | $4,262 -3.6% | $208,900 +5.4% |
| 2021 | $4,420 | $198,200 |
| 2020 | $4,420 +11.6% | $198,200 +15.1% |
| 2019 | $3,961 +9.7% | $172,200 +9.5% |
| 2018 | $3,610 +2.2% | $157,300 +0.4% |
| 2017 | $3,534 +2.5% | $156,700 +2.3% |
| 2016 | $3,447 +2.5% | $153,200 |
| 2015 | $3,363 +3.7% | $153,200 +3% |
| 2014 | $3,242 +4.8% | $148,700 |
| 2013 | $3,093 -22.2% | $148,700 -15.5% |
| 2012 | $3,978 -2.7% | $176,000 -17.3% |
| 2011 | $4,088 +11.9% | $212,900 +11% |
| 2009 | $3,654 | $191,800 |
| 2008 | $3,654 +31% | $191,800 +33.4% |
| 2006 | $2,790 | $143,800 |
Find assessor info on the county website
Neighborhood: 04401
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Nearby schools
GreatSchools rating
- 8/10Vine Street SchoolGrades: PK-3Distance: 0.2 mi
- 6/10James F. Doughty SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 2.4 mi
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- Maine
- Penobscot County
- Bangor
- 04401
- 163 Warren Street
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