Closed

$410,000

255 Union Street, Bangor, ME 04401

4beds

2,624sqft

Multi Family

Built in 1880

-- sqft lot

$451,800 Zestimate^®

$156/sqft

$2,102 Estimated rent

Home value

$451,800

$420,000 - $483,000

$2,102/mo

Zestimate^® history

Owner options

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$2,102/mo

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$2,102/mo

Rent Zestimate^®

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$2,099/mo

Est. payment

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$2,099/mo

Est. payment

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What's special

Newer shinglesNewer sidingNew coin-op washer

INVESTORS! This 4 unit building is ready to go with 4 out of the 4 units rented. This building boasts two heat pumps, newer siding, newer shingles, 5 meters so you are not responsible for electricity. Two of these units were recently renovated. A brand new boiler was installed this year, as well as 4 new heat pump water heaters. A new coin-op washer and dryer was also installed. Conveniently located close to downtown. Good tenants, two of which have been there 10+ years. All of the big items have been taken care of you, so sit back and enjoy income. Broker owned.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Heat Pump, Zoned

Cooling

Heat Pump

Appliances

Laundry: Laundry - Coin

Features

Flooring: Carpet, Other, Vinyl
Basement: Interior Entry,Dirt Floor,Full

Interior area

Total structure area: 2,624
Total interior livable area: 2,624 sqft
Finished area above ground: 2,624
Finished area below ground: 0

Property

Parking

Parking features: Common, 1 - 4 Spaces, Off Street

Lot

Size: 5,227 Square Feet
Features: Near Town, Sidewalks

Details

Zoning: R-14

Construction

Type & style

Home type: MultiFamily
Architectural style: New Englander
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Roof: Shingle

Condition

Year built: 1880

Utilities & green energy

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

Green energy

Energy efficient items: Thermostat

Community & HOA

Location

Region: Bangor

Financial & listing details

Price per square foot: $156/sqft
Annual tax amount: $3,227
Date on market: 10/30/2023
Road surface type: Paved

Price history

Date	Event	Price
12/7/2023	Sold	$410,000-3.5%$156/sqft
Source: Maine Listings #1576227 Report a problem
11/5/2023	Pending sale	$425,000$162/sqft
Source: Maine Listings #1576227 Report a problem
10/30/2023	Listed for sale	$425,000+60.4%$162/sqft
Source: Maine Listings #1576227 Report a problem
3/10/2023	Sold	$265,000-3.6%$101/sqft
Source: Maine Listings #1552329 Report a problem
2/19/2023	Contingent	$274,900$105/sqft
Source: Maine Listings #1552329 Report a problem
2/13/2023	Listed for sale	$274,900+46.6%$105/sqft
Source: Maine Listings #1552329 Report a problem
9/6/2019	Sold	$187,500-0.8%$71/sqft
Source: Maine Listings #1421191 Report a problem
7/22/2019	Price change	$189,000-5%$72/sqft
Source: Realty of Maine #1421191 Report a problem
7/5/2019	Price change	$199,000-5.2%$76/sqft
Source: Realty of Maine #1421191 Report a problem
6/21/2019	Listed for sale	$210,000$80/sqft
Source: Realty of Maine #1421191 Report a problem