74-76 Court Street, Bangor, ME 04401

New Listing

$1,600,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1660566

Property Type: Multi-Family Baths: 16 Square Footage: 2,600 Lot Size (sq. ft.): 11,326 Status: Active

Current Price: $1,600,000 List Date: 5/04/2026 Last Modified: 5/04/2026

Overview

Description

This 16-unit residential apartment building, located in Bangor, Maine, offers a remarkable investment opportunity in a desirable area. Low expenses with a net operating income of $142,000 +/- annually. The property is conveniently situated on a bus route and is within walking distance to downtown Bangor, where residents can enjoy shopping, restaurants, and various amenities. Featuring off-street parking, the building has undergone numerous updates, including upgraded wiring, newer vinyl siding, fresh flooring and paint in all common areas. Additionally, new fire-rated exterior doors were installed, and the front roof was replaced in 2024, ensuring structural integrity and safety. The property consists of 16 total units, with 8 of them equipped with high-output baseboard heaters. Seller has added 2 washers and 2 dryers that tenants can use onsite . Plus new foundation walls*. Many units have also been enhanced with updated kitchenettes and appliances, making them appealing to pr ... (Read more)

Listing Details MLS# 1660566

Location Information

Street #: 74-76
Street Name: Court
Street Type: Street
County: Penobscot
Town: Bangor
State/Province: ME
Zip Code: 04401
Zip +4: 7415
Leased Land: No
Book: 13053
Page: 97
Map: 41
Lot: 36
Zoning: multi family
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 5687
Tax Year: 2025
Tree Growth Y/N: No

Contract Information

Original List Price: 1600000

Property Information

Surveyed: Unknown
Seasonal: No
Number of Units: 16
Total Baths: 16
Total Full Baths: 16
Year Built: 1880
SqFt Finished Above Grade: 2600
SqFt Finished Total: 2600
SqFt Source: Seller
Garage: No
Lot Size Acres +/-: 0.26
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0

Water Info

Water Frontage: No
Water View: No

Units

# of 1 BD Units: 16

Unit 1

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

More Information

Unit 2

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 900
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 900
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 900
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 9

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 10

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 11

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 900
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 12

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 900
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 13

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 900
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 14

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 15

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 840
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 16

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: Yes
# of Rooms: Yes
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Site

Level: Yes
Open: Yes

Location

Intown: Yes

Roads

Paved: Yes
Public: Yes

Recreational Water

Nearby: Yes
River/Brook/Stream: Yes

Style

Colonial: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes

Foundation Materials

Poured Concrete: Yes

Exterior

Vinyl Siding: Yes

Roof

Metal: Yes

Heat System

Hot Water: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 190560
Operating Expenses: 48000

Cooling

None: Yes

Floors

Tile: Yes
Vinyl: Yes

Parking

5 - 10 Spaces: Yes
Off Street: Yes
On Street: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Gravel: Yes

Basement Entry

Exterior Only: Yes

Water Heater

Electric: Yes
Off Heating System: Yes

Amenities

Laundry - Hookup: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Level; Open Location: Intown Roads: Paved; Public Recreational Water: Nearby; River/Brook/Stream Style: Colonial Construction: Wood Frame Basement: Full Basement Entry: Exterior Only Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Metal Heat System: Hot Water Heat Fuel: Gas Natural Water Heater: Electric; Off Heating System Cooling: None Floors: Tile; Vinyl Amenities: Laundry - Hookup Driveway: Gravel Parking: 5 - 10 Spaces; Off Street; On Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

IDX

Listing Office: EXP Realty

Last Updated: May - 04 - 2026

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