372 Old County Rd

2,400 Sq. Ft.
$208 / Sq. Ft.
2,400
Sq. Ft.
$208
per Sq. Ft.

Description

A rare opportunity to own a completely transformed income-producing property just minutes from Bangor's vibrant Waterfront Concerts and Hollywood Casino. Formerly an industrial building, this property has been meticulously converted into an upscale, single-level three-unit apartment complex with virtually every major component replaced or upgraded. The extensive renovation includes all new radiant heating, natural gas boiler, plumbing, electrical systems, sewer line, roof, siding, windows, kitchens...A rare opportunity to own a completely transformed income-producing property just minutes from Bangor's vibrant Waterfront Concerts and Hollywood Casino. Formerly an industrial building, this property has been meticulously converted into an upscale, single-level three-unit apartment complex with virtually every major component replaced or upgraded. The extensive renovation includes all new radiant heating, natural gas boiler, plumbing, electrical systems, sewer line, roof, siding, windows, kitchens bath and much more, creating a low-maintenance, simple turnkey investment for years to come without headaches. The thoughtfully designed units offer modern finishes, efficient layouts, and strong tenant appeal. The property consists of:
One 1-bedroom unit renting for $950/month
One 1-bedroom unit renting for $1,100/month
One spacious 2-bedroom, 2-bath unit with in-unit laundry renting for $1,575/month
Additional income potential is generated through the on-site coin-operated laundry facility. Tenants pay their own electricity, helping keep operating expenses low. Natural gas runs at a very low cost, averaging around $1,000 a winter and each unit is equipped with its own heat pump! Located just a short distance from Bangor's popular waterfront concerts, restaurants, breweries, and entertainment venues, this property presents excellent potential for continued long-term rental income or future short-term rental/Airbnb opportunities (subject to local regulations). Whether you're an investor seeking strong cash flow, a portfolio addition with significant capital improvements already completed, or someone looking for a unique property with versatile income potential.
  1. Listed by Jason Fish • NextHome Experience

Property Details for 372 Old County Road

Waterfront
No
ArchitecturalStyle
Contemporary, Ranch
Garage
No
Zoning
RES/COM
LISTING UPDATED: 06/16/2026 09:58 PM

Property Details for 372 Old County Road

StatusActive
MLS #1667547
Days on Market3
Taxes$2,258 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1930
Lot Size0.40 AC / 17,424 SF
CountyPenobscot County

Location

Listing Courtesy of NextHome Experience
Add your commute

Building Information for 372 Old County Road

Stories1Residences3Year Built1930Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

$2,679 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,491

Property Taxes

$188

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 372 Old County Road

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1914
  • Directions: Old Country Road #372
  • Town: Hampden
  • State/Province: ME
  • Zip Code: 04444
  • County: Penobscot
  • Geo Latitude: 44.775802
  • Geo Longitude: -68.790941
  • Tax Lot: 9
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Other Location: Yes
  • Transportation:Major Road Access: Yes
  • Transportation:Near Airport: Yes
  • Construction: Steel Frame, Wood Frame
  • Road Frontage: true
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: Paved, 5 - 10 Spaces, Off Street, On Site
  • Attached Garage: No
  • Parking: 5 - 10 Spaces, Off Street, On Site2
Taxes and HOA Information
  • Tax Book Number: 15983
  • Tax Map Number: 20
  • Tax Year: 2025
  • Parcel Number: HAMN-000020-000000-000009
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,258.00
School Information
  • School District: RSU 22
Property
Green Features
  • Energy Efficiency:90% Efficient Furnace: Yes
  • Energy Efficiency:Double Wall (12''+) Construction: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
  • Energy Efficiency: 90% Efficient Furnace, Double Wall (12'') Construction, LED Light Fixtures
Heating and Cooling
  • Water Heater:Electric: No
  • Heat Fuel: Gas Natural
  • Heat System: Heat Pump, Radiant
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2400.0
  • Lot Size Acres: 0.4
  • Source of Acreage: Public Records
  • Building Area Total: 2400.0
  • Lot Size Area: 0.4
  • Lot Size Units: Acres
  • Lot Size Square Feet: 17424.0
  • Bathrooms Full: 4
  • Street Number: 372
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Slate
  • Property Information:Source of Road Frontage: Survey
Parking
  • Driveway:Paved: Yes
  • Driveway: Paved2
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1930
Utilities
  • Electric: Circuit Breakers, Three Phase
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater: Electric2
Interior and Exterior Features
Exterior Features
  • Construction Materials: Steel Frame, Wood Frame, Metal Clad
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Flat, Membrane
  • Vehicle Storage: No Vehicle Storage
  • Basement Entry: Not Applicable
Interior Features
  • Basement: Slab2
  • Flooring: Concrete
  • Interior Features: 1st Floor Bedroom
  • Cooling: Heat Pump
  • Heating: Gas Natural, Heat Pump, Radiant
  • Foundation Details: Slab, Poured Concrete
  • Laundry Features: Main Level, Laundry - Coin
  • # Stories: 1
  • # Floors: 1
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: Yes
  • Heating YN: Yes
  • Furnished: Unfurnished
  • Amenities: 1st Floor Bedroom, Laundry - 1st Floor, Laundry - Coin
Multi Family
Income & Expenses Information
  • Gross Income: $43,600.00
  • Operating Expenses: $6,950.00
  • Gross Income: $43,600.00
  • Operating Expenses: $6,950.00
Multi-Family Information
  • Number of Units: 3
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 1
  • Building Info:# Floors: 1
  • Building Info:# Heating Units: 4
  • Building Info:# Water Heaters: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $950.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Monthly Rent: $1,575.00
  • Unit 2:# Full Baths: 2.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: First
  • Unit 3:Monthly Rent: $1,100.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Electric: No
Unit Information
  • Units:# of 1 BD Units: 2
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 372 Old County Road

DateEvent & SourcePriceAppreciation
Jun 16, 2026

Listed (Active)

Maine Listings #1667547

$499,900
DateEvent & SourcePrice
06/16/2026

Listed (Active)

Maine Listings #1667547

$499,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 372 Old County Road

Taxable ValueLand$47,070Additions$80,870Total$127,940
Tax Record2025$2,258 ($188 / month)
Home Facts
Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories1Lot Size17,424 SqFtStyleMiscellaneous CommercialYear Built1930Zoning12 - RCountyPENOBSCOTAPNHAMN M:20 B:0 L:009

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372 Old County Road is a multi-family home for sale in Hampden, ME 04444. This property was listed for sale on June 16, 2026 by NextHome Experience, it's currently listed at $499,900. 372 Old County Road is a 4-bed, 4-bath, 2,400 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Experience

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.