72-74 Third Street, Bangor, ME 04401
$1,279,900
Property Type:
Commercial
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# 1644945
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
- 004
- Map
- 34
- Lot
- 209
- Zoning
- 14 Urban Res Dist 2
- Zoning Overlay
- Unknown
- Full Tax Amount $
- 8080
- Tax Year
- 2026
- Tree Growth Y/N
- No
- Association Y/N
- No
Contract Information
- Original List Price
- 1289900
Property Information
- Primary Use
- Multi Family
- Surveyed
- No
- Year Built
- 1880
- Tenancy
- Multiple Tenants
- Leases
- Yes
- Total # Floors
- 3
- SqFt Finished Total
- 12418
- Lot Size Acres +/-
- 0.21
- Road Frontage +/-
- 75
Commercial Bldg Information
- Confidentiality Statement
- No
- Gross Income
- 137340
- Operating Expenses
- 26864
- Total Units
- 8
Utilities
- Utilities On
- Yes
Levels
- Multi-Level
- Yes
More Information
Location
- Bus Line
- Yes
- Near Shopping
- Yes
- Near Turnpike/Interstate
- Yes
- Public Transport Access
- Yes
Property Uses
- Commercial
- 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
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
Property Features
Location:
Bus Line; Near Shopping; Near Turnpike/Interstate; Public Transport Access
Construction:
Stone; Wood Frame
Levels:
Multi-Level
Property Uses:
Commercial
Basement:
Finished; Full; Walk-Out Access
Exterior:
Brick
Roof:
Fiberglass; Shingle; Tar/Gravel
Heat System:
Baseboard; Heat Pump; Hot Water
Heat Fuel:
Gas Natural
Cooling:
Heat Pump
Floors:
Tile; Vinyl; Wood
Parking:
5 - 10 Spaces; Off Street; On Site
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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