INVESTORS! This 4 unit building is ready to go with 4 out of the 4 units rented. This building boasts two heat pumps, newer siding, newer shingles, 5 meters so you are not responsible for electricity. Two of these units were recently renovated. A brand new boiler was installed this year, as well as 4 new heat pump water heaters. A new coin-op washer and dryer was also installed. Conveniently located close to downtown. Good tenants, two of which have been there 10+ years. All of the big items have been taken care of you, so sit back and enjoy income. Broker owned.
Closed
$410,000
255 Union Street, Bangor, ME 04401
4beds
2,624sqft
Multi Family
Built in 1880
-- sqft lot
$466,100 Zestimate®
$156/sqft
$1,471 Estimated rent
Home value
$466,100
$433,000 - $499,000
$1,471/mo
Zestimate® history
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Owner options
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$1,471/mo
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Learn more$1,471/mo
Rent Zestimate®
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$2,577/mo
Est. payment
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See today's rates$2,577/mo
Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: August 21, 2025 at 05:14am
Listed by:
NextHome Experience
Bought with:
NextHome Experience
Source: Maine Listings,MLS#: 1576227
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Heat Pump, Zoned
Cooling
- Heat Pump
Appliances
- Laundry: Laundry - Coin
Features
- Flooring: Carpet, Other, Vinyl
- Basement: Interior Entry,Dirt Floor,Full
Interior area
- Total structure area: 2,624
- Total interior livable area: 2,624 sqft
- Finished area above ground: 2,624
- Finished area below ground: 0
Property
Parking
- Parking features: Common, 1 - 4 Spaces, Off Street
Lot
- Size: 5,227 sqft
- Features: Near Town, Sidewalks
Details
- Zoning: R-14
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Green energy
- Energy efficient items: Thermostat
Community & neighborhood
Location
- Region: Bangor
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/7/2023 | Sold | $410,000-3.5%$156/sqft |
Source:  Maine Listings #1576227 Report a problem | ||
| 11/5/2023 | Pending sale | $425,000$162/sqft |
Source: Maine Listings #1576227 Report a problem | ||
| 10/30/2023 | Listed for sale | $425,000+60.4%$162/sqft |
Source: Maine Listings #1576227 Report a problem | ||
| 3/10/2023 | Sold | $265,000-3.6%$101/sqft |
Source: Maine Listings #1552329 Report a problem | ||
| 2/19/2023 | Contingent | $274,900$105/sqft |
Source: Maine Listings #1552329 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04401
Nearby schools
GreatSchools rating
- 8/10Vine Street SchoolGrades: PK-3Distance: 0.5 mi
- 6/10James F. Doughty SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 2.1 mi
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- Maine
- Penobscot County
- Bangor
- 04401
- 255 Union Street