72-74 Third Street, Bangor, ME 04401
$1,279,900
Property Type:
Multi-Family
Baths:
8
Square Footage:
12,418
Lot Size (sq. ft.):
9,148
Status:
Active
Current Price:
$1,279,900
List Date:
6/15/2026
Last Modified:
6/15/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 1644615
Location Information
- Street #
- 72-74
- Street Name
- Third
- Street Type
- Street
- County
- Penobscot
- Town
- Bangor
- State/Province
- ME
- Zip Code
- 04401
- Zip +4
- 6171
- Leased Land
- No
- Book
- 17356
- Page
- 4
- Map
- 34
- Lot
- 209
- Zoning
- 14 Urban Res Dist 2
- Zoning Overlay
- Unknown
- Association
- No
- Full Tax Amount $
- 8080
- Tax Year
- 2026
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 1289900
Property Information
- Surveyed
- Unknown
- Seasonal
- No
- Number of Units
- 8
- Total Baths
- 8
- Total Full Baths
- 8
- Year Built
- 1880
- SqFt Finished Above Grade
- 10758
- SqFt Finished Below Grade
- 1660
- SqFt Finished Total
- 12418
- SqFt Source
- Seller
- Garage
- No
- Lot Size Acres +/-
- 0.21
- Source of Acreage
- Public Records
- Road Frontage
- Yes
- Road Frontage +/-
- 75
- Source of Road Frontage
- Public Records
- Total Half Baths
- 0
- Garage Spaces
- 0
Water Info
- Water Frontage
- No
- Water View
- No
Building Info
- # Fireplaces
- 3
- # Stories
- 3
- # Floors
- 3
- # Heating Units
- Yes
- # Water Heaters
- Yes
Units
- # of 1 BD Units
- 5
- # of 2 BD Units
- Yes
- # of 3 BD Units
- 2
More Information
Unit 1
- Lease
- Yes
- Level
- First
- Security Deposit
- Yes
- Monthly Rent
- 1475
- # Full Baths
- Yes
- # of Rooms
- 2
- # of Bedrooms
- Yes
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 2
- Lease
- Yes
- Level
- First
- Security Deposit
- Yes
- Monthly Rent
- 1450
- # Full Baths
- Yes
- # of Rooms
- 3
- # of Bedrooms
- Yes
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 3
- Lease
- Yes
- Level
- Second
- Security Deposit
- Yes
- Monthly Rent
- 1300
- # Full Baths
- Yes
- # of Rooms
- 3
- # of Bedrooms
- Yes
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- Yes
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 4
- Lease
- Yes
- Level
- Second
- Security Deposit
- Yes
- Monthly Rent
- 1550
- # Full Baths
- Yes
- # of Rooms
- 3
- # of Bedrooms
- Yes
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Water
- Yes
- Sewer
- Yes
Unit 5
- Lease
- Yes
- Level
- Third
- Security Deposit
- Yes
- Monthly Rent
- 1370
- # Full Baths
- Yes
- # of Rooms
- 6
- # of Bedrooms
- 3
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 6
- Lease
- Yes
- Level
- Second
- Security Deposit
- Yes
- Monthly Rent
- 1400
- # Full Baths
- Yes
- # of Rooms
- 3
- # of Bedrooms
- 3
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 7
- Lease
- Yes
- Level
- Third
- Security Deposit
- Yes
- Monthly Rent
- 1675
- # Full Baths
- Yes
- # of Rooms
- 3
- # of Bedrooms
- 2
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- No
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 8
- Lease
- Yes
- Level
- Basement
- Security Deposit
- Yes
- Monthly Rent
- 1500
- # Full Baths
- Yes
- # of Rooms
- Yes
- # of Bedrooms
- Yes
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- Yes
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Utilities
- Pole
- yes
- Utilities On
- Yes
Levels
- Multi-Level
- Yes
Site
- Level
- Yes
- Open
- Yes
Location
- Intown
- Yes
- Near Golf Course
- Yes
- Near Shopping
- Yes
- Near Turnpike/Interstate
- Yes
- Neighborhood
- Yes
Roads
- Paved
- Yes
- Public
- Yes
Transportation
- Major Road Access
- Yes
- Near Airport
- Yes
- Public Transport Access
- Yes
Style
- Other
- Yes
Construction
- Stone
- Yes
- Wood Frame
- Yes
Basement
- Finished
- Yes
- Full
- Yes
- Walk-Out Access
- Yes
Exterior
- Brick
- Yes
Roof
- Fiberglass
- Yes
- Shingle
- Yes
- Tar/Gravel
- Yes
Heat System
- Baseboard
- Yes
- Heat Pump
- Yes
- Hot Water
- Yes
Heat Fuel
- Electric
- Yes
- Gas Natural
- Yes
Income & Expenses
- Gross Income
- 140640
- Operating Expenses
- 26864
Cooling
- Heat Pump
- Yes
Floors
- Tile
- Yes
- Vinyl
- Yes
- Wood
- Yes
Parking
- 5 - 10 Spaces
- Yes
- Off Street
- Yes
- On Site
- Yes
Electric
- Circuit Breakers
- Yes
Gas
- Natural - At Street
- Yes
- Natural - On Site
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
Driveway
- Common
- Yes
- Gravel
- Yes
Basement Entry
- Exterior Only
- Yes
Water Heater
- Electric
- Yes
Amenities
- 1st Floor Bedroom
- Yes
- 1st Floor Primary BR w/Bath
- Yes
- Laundry - Coin
- Yes
- Shower
- Yes
Vehicle Storage
- No Vehicle Storage
- Yes
Property Features
Site:
Level; Open
Location:
Intown; Near Golf Course; Near Shopping; Near Turnpike/Interstate; Neighborhood
Roads:
Paved; Public
Transportation:
Major Road Access; Near Airport; Public Transport Access
Style:
Other
Levels:
Multi-Level
Construction:
Stone; Wood Frame
Basement:
Finished; Full; Walk-Out Access
Basement Entry:
Exterior Only
Exterior:
Brick
Roof:
Fiberglass; Shingle; Tar/Gravel
Heat System:
Baseboard; Heat Pump; Hot Water
Heat Fuel:
Gas Natural
Water Heater:
Electric
Cooling:
Heat Pump
Floors:
Tile; Vinyl; Wood
Amenities:
1st Floor Bedroom; 1st Floor Primary BR w/Bath; Laundry - Coin; Shower
Driveway:
Common; Gravel
Parking:
5 - 10 Spaces; Off Street; On Site
Vehicle Storage:
No Vehicle Storage
Electric:
Circuit Breakers
Gas:
Natural - At Street; Natural - On Site
Sewer:
Public Sewer
Water:
Public
Documents
IDX
Listing Office:
Realty of Maine
Last Updated: June - 15 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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