This well maintained 3 unit has Great CASHFLOW and is in a premium location close to all amenities including waterfront concerts, the casino, the Cross Insurance Center, shopping and downtown. Continue managing the property as-is with longer term tenants or location makes it a perfect opportunity for a short term rental business. Newer siding, windows and roof. 2 of the 3 units have been fully renovated and come fully furnished, Wireless Mesh network installed for internet connection.
OPEN HOUSE SHOWINGS Monday AUGUST 19TH 11:30am to 1:30pm. No appointment necessary.
Closed
$362,000
51 Lincoln Street, Bangor, ME 04401
5beds
5,491sqft
Multi Family
Built in 1900
-- sqft lot
$369,800 Zestimate®
$66/sqft
$1,857 Estimated rent
Home value
$369,800
$314,000 - $429,000
$1,857/mo
Zestimate® history
Owner options
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$1,857/mo
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$1,857/mo
Rent Zestimate®
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$1,853/mo
Est. payment
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$1,853/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
NextHome Experience
Bought with:
Real Broker
Source: Maine Listings,MLS#: 1600349
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Zoned, Radiator
Cooling
- None
Features
- 1st Floor Bedroom, Shower
- Flooring: Carpet, Laminate, Vinyl, Wood
- Basement: Doghouse,Interior Entry,Walk-Out Access,Full,Unfinished
Interior area
- Total structure area: 5,491
- Total interior livable area: 5,491 sqft
- Finished area above ground: 5,491
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces, On Site, Off Street
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 5,662 sqft
- Features: City Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Level
Details
- Parcel number: BANGM025L055
- Zoning: USD
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Granite
- Roof: Membrane,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Bangor
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2024 | Sold | $362,000-1.9%$66/sqft |
Source:  Maine Listings #1600349 Report a problem | ||
| 8/21/2024 | Pending sale | $369,000$67/sqft |
Source: Maine Listings #1600349 Report a problem | ||
| 8/14/2024 | Listed for sale | $369,000$67/sqft |
Source: Maine Listings #1600349 Report a problem | ||
| 3/2/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/19/2019 | Listing removed | $950 |
Source: Owner Report a problem | ||
| 7/12/2019 | Listed for rent | $950 |
Source: Owner Report a problem | ||
| 4/16/2018 | Listing removed | $950 |
Source: The Rock Foundation - Real Estate Report a problem | ||
| 2/17/2018 | Listed for rent | $950 |
Source: The Rock Foundation - Real Estate Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,763 | $196,500 |
| 2023 | $3,763 +9.5% | $196,500 +16.7% |
| 2022 | $3,435 +0.1% | $168,400 +9.5% |
| 2021 | $3,430 | $153,800 |
| 2020 | $3,430 +2.2% | $153,800 +5.4% |
| 2019 | $3,356 +4.7% | $145,900 +4.5% |
| 2018 | $3,204 +2% | $139,600 +0.2% |
| 2017 | $3,141 -0.2% | $139,300 -0.4% |
| 2016 | $3,146 +2.5% | $139,800 |
| 2015 | $3,069 +1.8% | $139,800 +1.1% |
| 2014 | $3,015 +4.9% | $138,300 +0.1% |
| 2013 | $2,875 -7.9% | $138,200 |
| 2012 | $3,123 +17.7% | $138,200 |
| 2011 | $2,653 -18.2% | $138,200 -18.8% |
| 2009 | $3,242 | $170,200 |
| 2008 | $3,242 +20.1% | $170,200 +22.3% |
| 2006 | $2,700 | $139,200 |
Find assessor info on the county website
Neighborhood: 04401
Nearby schools
GreatSchools rating
- 8/10Vine Street SchoolGrades: PK-3Distance: 0.5 mi
- 6/10James F. Doughty SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 2.9 mi
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- Maine
- Penobscot County
- Bangor
- 04401
- 51 Lincoln Street
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