Introducing a prime BANGOR investment: a well-maintained 4-unit apartment building, each unit comprising of 2 bedrooms & 1 bathroom. Equipped with individual heat pumps for efficient heating & cooling, these modern light-filled apartments are move-in ready. Outside you'll find ample paved parking, and a large lot enhanced by mature trees. Adjacent to Husson University, the location doesn't get much better than this for ensuring full occupancy and strong rents. Whether you are looking for a lucrative income property, or an opportunity to owner-occupy while you build your real estate portfolio, you will want to check this one out. It's fully rented and currently grossing over $52k. Call today to set up a showing of this rare offering.
Closed
$465,000
51 Glenwood Drive, Bangor, ME 04401
8beds
2,414sqft
Multi Family
Built in 1980
-- sqft lot
$515,300 Zestimate®
$193/sqft
$1,582 Estimated rent
Home value
$515,300
$490,000 - $546,000
$1,582/mo
Zestimate® history
Owner options
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$1,582/mo
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$1,582/mo
Rent Zestimate®
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$2,955/mo
Est. payment
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$2,955/mo
Est. payment
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List your homeWhat's special
Strong rentsIndividual heat pumpsMature treesAmple paved parking
Zillow last checked:
Listing updated:
Listed by:
EXP Realty
Bought with:
Worth Clark, Inc.
Source: Maine Listings,MLS#: 1584278
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat Pump
Cooling
- Heat Pump
Features
- Flooring: Carpet, Laminate
- Basement: Interior Entry,Daylight,Finished,Full
Interior area
- Total structure area: 2,414
- Total interior livable area: 2,414 sqft
- Finished area above ground: 1,207
- Finished area below ground: 1,207
Property
Parking
- Parking features: Paved, 5 - 10 Spaces, Off Street
Lot
- Size: 0.25 Acres
- Features: City Lot, Neighborhood, Level, Open Lot
Details
- Parcel number: BANGM063L015
- Zoning: HDR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Split Level
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1980
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: $193/sqft
- Tax assessed value: $214,000
- Annual tax amount: $4,098
- Date on market: 3/18/2024
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/12/2024 | Sold | $465,000+10.7%$193/sqft |
Source:  Maine Listings #1584278 Report a problem | ||
| 3/25/2024 | Pending sale | $420,000$174/sqft |
Source: Maine Listings #1584278 Report a problem | ||
| 3/18/2024 | Listed for sale | $420,000$174/sqft |
Source: Maine Listings #1584278 Report a problem | ||
| 9/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/27/2023 | Listed for rent | $1,100+10% |
Source: Zillow Rentals Report a problem | ||
| 5/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/18/2023 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 8/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/3/2022 | Listed for rent | $1,000+5.3% |
Source: Zillow Rental Manager Report a problem | ||
| 12/29/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/20/2021 | Listed for rent | $950+5.6% |
Source: Zillow Rental Manager Report a problem | ||
| 1/3/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/30/2020 | Listed for rent | $900 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,098 | $214,000 |
| 2023 | $4,098 +6.5% | $214,000 +13.4% |
| 2022 | $3,849 +2.3% | $188,700 +11.9% |
| 2021 | $3,762 | $168,700 |
| 2020 | $3,762 +11.6% | $168,700 +15.2% |
| 2019 | $3,370 +6.4% | $146,500 +6.2% |
| 2018 | $3,167 +1.7% | $138,000 -0.1% |
| 2017 | $3,114 +0.7% | $138,100 +0.5% |
| 2016 | $3,092 +2.5% | $137,400 |
| 2015 | $3,016 +2% | $137,400 +1.3% |
| 2014 | $2,956 +4.6% | $135,600 -0.2% |
| 2013 | $2,827 -7.9% | $135,900 |
| 2012 | $3,071 +16.6% | $135,900 -0.9% |
| 2011 | $2,634 -4.5% | $137,200 -5.2% |
| 2009 | $2,757 -0.9% | $144,700 -0.9% |
| 2008 | $2,781 +1.1% | $146,000 +3% |
| 2006 | $2,751 | $141,800 |
Find assessor info on the county website
Neighborhood: 04401
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Nearby schools
GreatSchools rating
- 8/10Mary Snow SchoolGrades: 4-5Distance: 1.2 mi
- 9/10William S. Cohen SchoolGrades: 6-8Distance: 2.2 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 0.9 mi
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- Maine
- Penobscot County
- Bangor
- 04401
- 51 Glenwood Drive
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