Closed

$336,000

26 Otis Street, Bangor, ME 04401

3beds

1,948sqft

Multi Family

Built in 1900

-- sqft lot

$344,500 Zestimate^®

$172/sqft

$2,009 Estimated rent

Home value

$344,500

$251,000 - $475,000

$2,009/mo

Zestimate^® history

Owner options

List your home for rent

$2,009/mo

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$2,009/mo

Rent Zestimate^®

Refinance and save

$2,231/mo

Est. payment

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$2,231/mo

Est. payment

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What's special

Prime Investment Opportunity in Bangor! Unlock the potential of this well-maintained, income-generating property featuring three one-bedroom units in a desirable location. With two long-term tenants already in place, enjoy immediate rental income with room for future growth. Conveniently situated within walking distance to the hospital and near shopping, dining, and major employment centers, this property attracts tenants seeking accessibility and convenience. Whether you're expanding your portfolio or starting your investment journey, this multi-unit home is a smart choice. Don't miss out—schedule your private showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard

Cooling

None

Appliances

Laundry: Laundry - Coin

Features

Flooring: Carpet, Laminate, Vinyl
Basement: Interior Entry,Full,Unfinished

Interior area

Total structure area: 1,948
Total interior livable area: 1,948 sqft
Finished area above ground: 1,948
Finished area below ground: 0

Property

Parking

Parking features: Gravel, 5 - 10 Spaces, On Site

Features

Levels: Multi/Split

Lot

Size: 10,454 Square Feet
Features: City Lot, Other, Level

Details

Parcel number: BANGM054L208
Zoning: Urb Res

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial,Other
Property subtype: Multi Family

Materials

Wood Frame, Clapboard, Wood Siding
Foundation: Other
Roof: Metal

Condition

Year built: 1900

Utilities & green energy

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

Community & HOA

Community

Subdivision: LDR

Location

Region: Bangor

Financial & listing details

Price per square foot: $172/sqft
Tax assessed value: $177,400
Annual tax amount: $3,589
Date on market: 4/4/2025
Road surface type: Paved

Price history

Date	Event	Price
11/20/2025	Sold	$336,000-0.9%$172/sqft
Source: Maine Listings #1618033 Report a problem
11/20/2025	Pending sale	$339,000$174/sqft
Source: Maine Listings #1618033 Report a problem
4/29/2025	Contingent	$339,000$174/sqft
Source: Maine Listings #1618033 Report a problem
4/4/2025	Listed for sale	$339,000$174/sqft
Source: Maine Listings #1618033 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,397	$177,400
2023	$3,397 +9.5%	$177,400 +16.7%
2022	$3,101 +0.6%	$152,000 +9.9%
2021	$3,084	$138,300
2020	$3,084 +25.1%	$138,300 +29%
2019	$2,466 +5.9%	$107,200 +5.6%
2018	$2,329 +1.7%	$101,500
2017	$2,289 +2.1%	$101,500 +1.9%
2016	$2,241 +2.5%	$99,600
2015	$2,186 +3.1%	$99,600 +2.4%
2014	$2,121 0%	$97,300 -4.6%
2013	$2,122 -7.9%	$102,000
2012	$2,305 +17.7%	$102,000
2011	$1,958 -5.8%	$102,000 -6.5%
2009	$2,078	$109,100
2008	$2,078 +19.2%	$109,100 +21.4%
2006	$1,744	$89,900