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Commercial SaleMulti FamilyMEBangor0440140 2nd Street, Bangor, ME, 04401

Basics

  • Date added: Added 2 months ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 0.12 sq ft
  • Year built: 1897
  • Lot Size Acres: 0.12 acres
  • Zoning: 15 Multi Fam & Serv
  • Business Type: Special Purpose
  • County: Penobscot
  • MLS ID: 1651834

Description

  • Description:

    For the right operator, this is a real opportunity.

    40 2nd Street is a fully operational 9-room boarding house with 2 private efficiencies in Bangor -- an established income property with history, structure, and annual inspections in place.

    Three furnished rooms per floor (9 total) with shared kitchen and bath access. Two efficiencies with private baths and kitchenettes. Furnishings convey. Month-to-month tenancy model offers flexibility while maintaining consistent occupancy.

    This property has a system.
    It requires engagement.
    And in return, it performs.

    Located near downtown, hospitals, public transportation, and major commuter routes -- a corridor that has supported this use for years.

    Financials available in MLS documents.
    Seller financing may be considered with 25% down; terms negotiable.

    For the investor who understands this asset class, 40 2nd isn't complicated -- it's calculated.

    Show all description

Location

Building Details

  • Building Area Total: 3852 sq ft
  • Construction Materials: Vinyl Siding, Aluminum Siding, Wood Frame
  • Sewer: Public Sewer
  • Heating: Heat Pump, Baseboard
  • Stories: 3
  • Roof: Shingle
  • Foundation Details: Stone, Brick/Mortar
  • Levels: Multi-Level
  • Basement:

Amenities & Features

  • Electric: Circuit Breakers
  • Parking Features: 1 - 4 Spaces, On Street
  • WaterSource: Public
  • Lot Features: Near Turnpike/Interstate, Near Airport, Downtown, Business District, Bus Line, Historic District, Near Shopping, Retail Strip
  • Cooling: Heat Pump

Courtesy of

  • List Office Name: CENTURY 21 Queen City Real Estate

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Mobile: 207-404-3368
Office: 207-942-6310

458 Main Street
Bangor, ME 04401
LICENSE #BA928013
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