372 Old County Rd
—
Beds
4
Baths
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 $1,800/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.
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 $1,800/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.
- Listed by Jason Fish • NextHome ExperienceP: (207)-664-3888 C: (207)-664-3888 jason@thefishteam.com
Property Details for 372 Old County Road
Architectural Style
Contemporary, Ranch
FurnishedUnfurnished
Has WaterfrontNo
ZoningRES/COM
LISTING UPDATED: 07/08/2026 05:08 AM
Property Details for 372 Old County Road
| Status | Active |
|---|---|
| MLS # | 1667547 |
| Days on Market | 25 |
| Taxes | $2,258 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1930 |
| Lot Size | 0.40 AC / 17,424 SF |
| County | Penobscot 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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1Property Information for 372 Old County Road
Summary
Location and General Information
- Water View: No
- Page: 68
- Zoning Overlay: Yes
- Directions: Old Country Road #372
- Latitude: 44.775802
- Longitude: -$68.79
- Transportation: Major Road Access, Near Airport
Taxes and HOA
- Association: No
- Parcel Number: HAMN-000020-000000-000009
- Tax Lot: 9
- Tax Book Number: 15983
- Tax Map Number: 20
- Tax Year: 2025
- Tax Annual Amount: $2,258.00
Parking
- Parking Features: Paved, 5 - 10 Spaces, On Site, Off Street
- Vehicle Storage: No Vehicle Storage
- Has Attached Garage: No
- Has Garage: No
School Information
- High School District: RSU 22
Property
Lot Information
- Lot Features: Near Shopping, Near Town, Other, Level, Open Lot
- Lot Size Acres: 0.4
- Lot Size Area: 0.4
- Lot Size Source: Public Records
- Lot Size Square Feet: 17424.0
- Lot Size Units: Acres
- 2 Detached Houses on 1 Lot: false
- Roads: Paved, Public
- Road Surface Type: Paved
- Road Frontage: true
- Road Frontage: 145.0
- Source of Road Frontage: Survey
- SqFt Source: Public Records
- Tree Growth: false
Property and Assessments
- Above Grade Finished Area: 2400.0
- Building Area Total: 2400.0
- Property Type: Multi-Family
- Deed: All
- Deed/Conveyance Type Offered: Warranty
- Surveyed: Yes
- Year Built: 1930
Building Features
- Foundation Details: Poured Concrete, Slab
- Construction Materials: Steel Frame, Wood Frame, Metal Clad
- Color: Slate
- Stories: 1
- Stories Total: 1
Financial Information
- List Price/SqFt: $208.29
Green Features
- Green Energy Efficient: 90% Efficient Furnace, Double Wall (12''+) Construction, LED Light Fixtures
Utilities
- # Heating Units: 4
- # Water Heaters: 2
- Electric: Circuit Breakers, Three Phase
- Gas: Natural - On Site
- Sewer: Public Sewer
- Water Source: Public
- Water Heater: Electric
- Utilities: Utilities On
- Utilities On: Yes
Interior and Exterior Features
Exterior Features
- Roof: Flat, Membrane
- Window Features: Double Pane Windows
- Window Features: Double Pane Windows
Interior Features
- Amenities: 1st Floor Bedroom, Laundry - 1st Floor, Laundry - Coin
- Bathrooms Full: 4
- Bathrooms Total Decimal: 4.0
- Bathrooms Total Integer: 4
- Laundry Features: Main Level, Laundry - Coin
- Basement: Not Applicable, Slab
- Has Fireplace: No
- Cooling: Heat Pump
- Has Cooling: Yes
- Heating: Gas Natural, Heat Pump, Radiant
- Has Heating: Yes
- Flooring: Concrete
- Interior Features: 1st Floor Bedroom
Room Information
Laundry
- Laundry Room Amenities: Main Level, Laundry - Coin
Multi Family
Multi Family Information
- # of 1 BD Units: 2
- # of 2 BD Units: 1
- Number Of Units Total: 3
Income & Expenses
- Gross Income: $45,000.00
- Operating Expense: $6,950.00
Unit Information
Unit 1
- Num Full Baths: 1
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Electric: No
- Heat: Yes
- Range: Yes
- Lease: Yes
- Level: First
- Security Deposit: Yes
- Actual Rent: $1,100.00
- Beds Total: 1
- Key: 2dbff146ce58a949bcc937314ba9cf62
- Rooms Total: 3
Unit 2
- Num Full Baths: 1
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Electric: No
- Heat: Yes
- Range: Yes
- Lease: Yes
- Level: First
- Security Deposit: Yes
- Actual Rent: $950.00
- Beds Total: 1
- Key: 73baa18fbd1562c2b2d3c6d6935f89e3
- Rooms Total: 3
Unit 3
- Num Full Baths: 2
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Electric: No
- Heat: Yes
- Range: Yes
- Lease: Yes
- Level: First
- Security Deposit: Yes
- Actual Rent: $1,575.00
- Beds Total: 2
- Key: e74ab45b6fe87ec6249c0946a4237130
- Rooms Total: 5
Rental
Rent Information
- Land Lease: No
Tenant Information
- Occupant Type: No
Property History for 372 Old County Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 16, 2026 | Listed (Active) Maine Listings #1667547 | $499,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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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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.
