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  • $1,289,900

    72-74 Third Street, Bangor, ME 04401

    13beds
    12,418sqft
    : 
    Multi Family
    Built in 1880
    -- sqft lot
    $1,205,500 Zestimate®
    $104/sqft
    $-- HOA

    What's special

    Modern enhancementsStately brick propertyStainless-steel appliancesPreserved period detailsSolid oak flooringNewer windowsBeautifully updated interiors
    A rare and impressive opportunity to own an 8-unit multi-family in the historic heart of Bangor, offering strong upside for either an investor or future owner-occupant. This stately brick property features a well-balanced unit mix — five 1-bedroom units, one 2-bedroom unit, and two expansive 3-bedroom penthouse-style apartments — providing excellent versatility and strong market demand across multiple rental demographics. Inside, the building showcases a thoughtful combination of preserved period details and modern enhancements. Original woodwork and architectural character remain intact, complemented by beautifully updated interiors. Each unit features granite-appointed kitchens with stainless-steel appliances, custom-tiled baths with quality finishes, solid oak flooring, and newer windows, creating a warm and refined living environment that sets the building apart from typical rental stock. Behind the scenes, all major building systems have been responsibly upgraded — including new plumbing throughout, a complete electrical overhaul with upgraded service entrance, and a full roof system replacement in 2019. Additionally, extensive repointing of the brick exterior enhances structural longevity and curb appeal. The property also offers a generous off-street parking area to the rear of the building, accommodating all units — a significant advantage in an in-town location. With 100% occupancy, long-term responsible tenants, and a very strong rental history, this building represents a stable and turnkey addition to any real estate portfolio. Its proximity to downtown Bangor provides walkable access to shops, restaurants, entertainment, public transportation, and employment centers — supporting ongoing tenant retention and future rental rate potential. This property truly delivers the best of both worlds: architectural charm and durability, coupled with modern amenities and secure income performance. Rent roll and financials available upon request.
    132 days
    |
    686
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Realty of Maine

    Source: Maine Listings,MLS#: 1644615MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Baseboard, Heat Pump, Hot Water
      Cooling
      • Heat Pump
      Features
      • Flooring: Tile, Vinyl, Wood
      • Basement: Exterior Entry
      • Number of fireplaces: 3
      Interior area
      • Total structure area: 12,418
      • Total interior livable area: 12,418 sqft
      • Finished area above ground: 10,758
      • Finished area below ground: 1,660

      Property

      Features
      • Levels: Multi/Split
      • Stories: 3
      Lot
      • Size: 9,147.6 Square Feet
      Details
      • Parcel number: 7274ThirdSTBangor34209
      • Zoning: 14 Urban Res Dist 2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Roof: Fiberglass,Shingle,Tar/Gravel
      Condition
      • Year built: 1880

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Utilities On, Pole

      Community & HOA

      Location
      • Region: Bangor

      Financial & listing details

      • Price per square foot: $104/sqft
      • Annual tax amount: $8,080
      • Date on market: 12/2/2025

        Estimated market value

        $1,205,500

        $1.15M - $1.27M

        $1,448/mo

        Price history

        Price history
        DateEventPrice
        12/2/2025Listed for sale$1,289,900+12.3%$104/sqft
        Source: Maine Listings #1644615 Report a problem
        12/6/2024Sold$1,149,000-8%$93/sqft
        Source: Maine Listings #1597045 Report a problem
        9/25/2024Pending sale$1,249,000$101/sqft
        Source: Maine Listings #1597045 Report a problem
        9/12/2024Price change$1,249,000-3.1%$101/sqft
        Source: Maine Listings #1597045 Report a problem
        7/16/2024Listed for sale$1,289,000$104/sqft
        Source: Maine Listings #1597045 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Est. payment
        $7,802/mo
        Principal & interest
        $6652
        Property taxes
        $1150
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          Climate risks

          Neighborhood: 04401

          Getting around

          82 / 100
          Very Walkable
          47 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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