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  • $318,000

    57 Elm Street, Bangor, ME 04401

    5beds
    2,688sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $318,400 Zestimate®
    $118/sqft
    $1,650 Estimated rent

    Home value

    $318,400

    $290,000 - $350,000

    $1,650/mo

    Zestimate® history
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    $1,628/mo

    Est. payment

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    What's special

    New laminate flooring
    Well-maintained 1900 duplex in a convenient Bangor location offering flexibility for owner occupancy or investment. The front unit features 3-4 bedrooms and 1 full bath and is currently unoccupied, allowing for owner occupancy or the ability to establish new rental terms. The rear unit offers 2 bedrooms and 1 full bath and is occupied under a month-to-month lease. After purchase in July 2021, the hot water systems were separated so each unit now has its own independent hot water supply including a newer heat pump hot water heater added to one of the units providing the individual hot water service. Additional improvements completed since purchase include replacement of the sewer line from the house to the city main connection, along with any associated plumbing updates required at that time. Utilities were also completely separated for each apt, meaning the natural gas and electric meters were separated so each unit has its own heating system and electric service. Smart thermostats were added, along with updated wiring and 24-volt transformers in each apartment. Further updates include new refrigerators and washer/dryer sets in both units, a new electric range in one unit, new laminate flooring, and new carpeting on the stairway to the second level in the smaller unit. The driveway has been resurfaced with crushed gravel. Located near hospitals, downtown, shopping, parks, and many local amenities. public transportation available within one block. This move-in-ready duplex offers a strong rental history, excellent positive cash flow potential, and an exceptional opportunity for owner occupancy or continued investment use in Bangor.

    Zillow last checked:

    Listing updated:

    Listed by:

    NextHome Experience

    Bought with:

    NextHome Experience

    Source: Maine Listings,MLS#: 1650243MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Forced Air, Hot Water, Zoned, Radiator
    Cooling
    • None
    Features
    • 1st Floor Bedroom, Bathtub, Pantry, Shower
    • Flooring: Carpet, Heavy Duty, Laminate, Other, Vinyl, Wood
    • Windows: Double Pane Windows, Storm Window(s)
    • Basement: Interior Entry,Dirt Floor,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,688
    • Total interior livable area: 2,688 sqft
    • Finished area above ground: 2,688
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces, On Site, Off Street
    Accessibility
    • Accessibility features: 32 - 36 Inch Doors
    Features
    • Levels: Multi/Split
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    • Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Open Lot, Sidewalks
    Details
    • Parcel number: BANGM048L095
    • Zoning: Residential
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mansard
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Stone, Brick/Mortar
    • Roof: Flat,Membrane
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: On Site, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Ceiling Fans, Thermostat, Smart Electric Meter

    Community & neighborhood

    Location
    • Region: Bangor

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/15/2026Sold$318,000-2.2%$118/sqft
    Source: Maine Listings #1650243 Report a problem
    5/6/2026Pending sale$325,000$121/sqft
    Source: NextHome #1650243 Report a problem
    5/1/2026Listed for sale$325,000$121/sqft
    Source: Maine Listings #1650243 Report a problem
    2/11/2026Pending sale$325,000$121/sqft
    Source: NextHome #1650243 Report a problem
    2/11/2026Contingent$325,000$121/sqft
    Source: Maine Listings #1650243 Report a problem
    1/24/2026Listed for sale$325,000+62.5%$121/sqft
    Source: Maine Listings #1650243 Report a problem
    7/28/2021Sold$200,000+0%$74/sqft
    Source: Maine Listings #1495283 Report a problem
    6/8/2021Pending sale$199,990$74/sqft
    Source: Maine Listings #1495283 Report a problem
    6/8/2021Listed for sale$199,990+23.1%$74/sqft
    Source: Maine Listings #1495283 Report a problem
    8/30/2019Sold$162,500+4.2%$60/sqft
    Source: Maine Listings #1375956 Report a problem
    8/20/2019Listed for sale$156,000$58/sqft
    Source: Realty of Maine #1375956 Report a problem
    8/20/2019Pending sale$156,000$58/sqft
    Source: Realty of Maine #1375956 Report a problem
    7/22/2019Listed for sale$156,000$58/sqft
    Source: Realty of Maine #1375956 Report a problem
    7/22/2019Pending sale$156,000$58/sqft
    Source: Realty of Maine #1375956 Report a problem
    7/22/2019Listed for sale$156,000$58/sqft
    Source: Realty of Maine #1375956 Report a problem
    5/22/2019Listing removed$156,000$58/sqft
    Source: Realty of Maine #1375956 Report a problem
    5/11/2019Price change$156,000-2.5%$58/sqft
    Source: Realty of Maine #1375956 Report a problem
    4/8/2019Listed for sale$160,000$60/sqft
    Source: Realty of Maine #1375956 Report a problem
    4/8/2019Pending sale$160,000$60/sqft
    Source: Realty of Maine #1375956 Report a problem
    3/23/2019Price change$160,000-3%$60/sqft
    Source: Realty of Maine #1375956 Report a problem
    3/19/2019Listed for sale$165,000$61/sqft
    Source: Realty of Maine #1375956 Report a problem
    2/14/2019Listing removed$165,000$61/sqft
    Source: Realty of Maine #1375956 Report a problem
    12/13/2018Price change$165,000-5.7%$61/sqft
    Source: Realty of Maine #1375956 Report a problem
    11/2/2018Listed for sale$175,000+65.1%$65/sqft
    Source: Realty of Maine #1375956 Report a problem
    8/16/2015Sold$106,000-3.6%$39/sqft
    Source: Agent Provided Report a problem
    6/3/2015Listed for sale$110,000$41/sqft
    Source: Better Homes and Gardens Real Estate The Masiello Group #1220632 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,372 $176,100
    2023$3,372 +11.5%$176,100 +18.8%
    2022$3,023 +8.9%$148,200 +19%
    2021$2,776 $124,500
    2020$2,776 +8.5%$124,500 +12%
    2019$2,558 +6.4%$111,200 +6.1%
    2018$2,405 +2.5%$104,800 +0.7%
    2017$2,347 +2.6%$104,100 +2.4%
    2016$2,288 +2.5%$101,700
    2015$2,232 +2.2%$101,700 +1.5%
    2014$2,184 +1.1%$100,200 -3.6%
    2013$2,161 -8%$103,900
    2012$2,348 +15.9%$103,900 -1.5%
    2011$2,026 -5.1%$105,500 -5.8%
    2009$2,134 $112,000
    2008$2,134 +8.7%$112,000 +10.7%
    2006$1,963 $101,200

    Find assessor info on the county website

    Neighborhood: 04401

    Nearby schools

    GreatSchools rating
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