123 Mount Hope Avenue, Bangor, ME 04401

$599,000
Property Type: Multi-Family Baths: 4 Square Footage: 3,830 Lot Size (sq. ft.): 30,928 Status: Active
Current Price: $599,000 List Date: 8/22/2025 Last Modified: 12/02/2025

Description

Why settle for ordinary when you can own a property packed with character, possibility and income potential all in one?! This extensively updated property offers exceptional versatility and opportunity in a highly convenient location. The property is well suited for a variety of living arrangements. Offering endless opportunities-whether you're looking to generate continuous rental income, live in one unit while renting the other, or lease both to maximize returns. Each unit provides comfortable living space with its own unique character, making it ideal for investors, multi-generational living or owner occupants seeking financial flexibility. With strong income potential and the freedom to choose how you use it. This is more than just a home-it's a smart investment. Major updates have already been completed, including new roof, updated vinyl siding, freshly paved driveway, and professional interior paint offering piece of mind for years to come. Ideally situated near schools, shopping, restaurants, and everyday amenities, the property also provides, quick access to Bangor's hospitals, local businesses, and the airport, ensuring convenience for work, travel, and daily life. *Additionally, the spacious detached garage can be rented out separately to maximize income potential.

Supplements: ********

More Information MLS# 1635273

Location Information

Book: 15867 Leased Land: No Page: 287 Map: 53 Lot: 97 & 139 Zoning Overlay: No Association: No Tree Growth Y/N: No Street #: 123 Street Name: Mount Hope Street Type: Avenue County: Penobscot Town: Bangor State/Province: ME Zip Code: 04401 Zip +4: 4057 Zoning: URD1 Full Tax Amount $: 7355 Tax Year: 2024 Geo Lat: 44.814339 Geo Lon: -68.760043

Property Information

Surveyed: Yes Seasonal: No Number of Units: 2 Deed/Conveyance Type Offered: Quit Claim w/Covenant Lot Size Acres +/-: 0.71 Total Baths: 4 Total Half Baths: 2 Color: Gray SqFt Finished Above Grade: 2453 SqFt Finished Below Grade: 1377 SqFt Source: Measured Garage: Yes Garage Spaces: 4 Total Full Baths: 2 Year Built: 1954 SqFt Finished Total: 3830 Source of Acreage: Public Records

Site

Corner Lot: 1 Level: 1 Open: 1 Well Landscaped: 1

Location

Near Shopping: 1 Near Town: 1 Near Turnpike/Interstate: 1 Neighborhood: 1

Roads

Paved: 1 Public: 1

Transportation

Major Road Access: 1 Near Airport: 1 Public Transport Access: 1

Water Info

Water Frontage: No Water View: No

Style

Ranch: 1

Construction

Wood Frame: 1

Basement

Finished: 1 Full: 1

Foundation Materials

Poured Concrete: 1

Exterior

Vinyl Siding: 1

Roof

Pitched: 1 Shingle: 1

Heat System

Baseboard: 1 Radiant: 1 Zoned: 1

Heat Fuel

Gas Natural: 1 Oil: 1

Income & Expenses

Gross Income: 0 Operating Expenses: 0

Cooling

Wall Unit(s): 1

Floors

Carpet: 1 Ceramic Tile: 1 Laminate: 1 Wood: 1

Units

# of 1 BD Units: 1 # of 2 BD Units: 1

Parking

5 - 10 Spaces: 1 Paved: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 1500 # Full Baths: 1 # of Rooms: 3 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: First Security Deposit: No Monthly Rent: 2400 # Full Baths: 1 # Half Baths: 2 # of Rooms: 12 # of Bedrooms: 2 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Paved: 1

Basement Entry

Interior: 1

Water Heater

Off Heating System: 1

Window Features

Double Pane Windows: 1

Amenities

1st Floor Bedroom: 1 In-Law Apartment: 1 Laundry - 1st Floor: 1 One-Floor Living: 1

Patio and Porch Features

Deck: 1 Porch: 1

Vehicle Storage

4+ Car: 1 Auto Door Opener: 1 Detached: 1 Direct Entry to Living: 1 Storage Above: 1 Attached: 1

Contract Information

Status: Active Original List Price: 799000 List Price: $599,000 Current Price: $599,000

Property Features

Site: Corner Lot; Level; Open; Well Landscaped Location: Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Transportation: Major Road Access; Near Airport; Public Transport Access Style: Ranch Construction: Wood Frame Basement: Finished; Full Basement Entry: Interior Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Baseboard; Radiant; Zoned Heat Fuel: Gas Natural; Oil Water Heater: Off Heating System Cooling: Wall Unit(s) Floors: Carpet; Ceramic Tile; Laminate; Wood Window Features: Double Pane Windows Amenities: 1st Floor Bedroom; In-Law Apartment; Laundry - 1st Floor; One-Floor Living Patio and Porch Features: Deck; Porch Driveway: Paved Parking: 5 - 10 Spaces; Paved Vehicle Storage: 4+ Car; Auto Door Opener; Detached; Direct Entry to Living; Storage Above Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: NextHome Experience
IDX
Last Updated: December - 02 - 2025
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