40 Fern Street

Closed 9/13/24
Closed 9/13/24
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Sold
Last Sold Price
$265,000
1,968 sqft$135/sqft
40 Fern St, Bangor, ME 04401
Multi FamilyProperty Type
8,712 sq ftLot Size
1880Year Built
$135/sq ftPrice per sq ft

Description

Introducing a fantastic opportunity in Bangor, Maine! This meticulously cared-for 2-unit building is a gem in the heart of the city. Offering three cozy one-bedroom units and a spacious two-bedroom top floor unit, it's perfect for both investors and residents. Situated close to downtown Bangor and the hospital, convenience is at your doorstep. The property boasts a large parking lot, ensuring ample space for tenants and guests. With its well-maintained condition and prime location, this building...Introducing a fantastic opportunity in Bangor, Maine! This meticulously cared-for 2-unit building is a gem in the heart of the city. Offering three cozy one-bedroom units and a spacious two-bedroom top floor unit, it's perfect for both investors and residents. Situated close to downtown Bangor and the hospital, convenience is at your doorstep. The property boasts a large parking lot, ensuring ample space for tenants and guests. With its well-maintained condition and prime location, this building promises great income potential and a comfortable living experience. Don't miss out and schedule your showing today and seize this excellent investment opportunity!
  • Listed by: Timothy Bush Racheal Pasqual 207.951.0747 bushgroupnexthome@gmail.com • NextHome Experience
  • Listed by: Jonathan Seavey 207.717.4951 jseavey22@yahoo.com • NextHome Experience
Listing closed: 09/13/2024 12:00 AM • Source: Maine Listings, MLS#: 1581964

Recent comparable sales

Median sold price

$262,000

Avg days on market

22

Sale-to-list ratio

97.8%

Bangor, ME

9 comparable properties found

$262,000 | 151 Birch Street, Unit A B, Bangor, ME 04401
1/58
1

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Unavailable
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Square Feet
0.09
Acres

151 Birch Street, Unit A B, Bangor, ME 04401

$270,000 | 159 Elm Street, Bangor, ME 04401
1/15
2

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Unavailable
Bedrooms
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Square Feet
0.16
Acres

159 Elm Street, Bangor, ME 04401

$255,000 | 72 Garland Street, Bangor, ME 04401
1/33
3

$255,000

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Unavailable
Bedrooms
2,128
Square Feet
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Acres

72 Garland Street, Bangor, ME 04401

$230,000 | 71 Jefferson Street, Bangor, ME 04401
1/46
4

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Unavailable
Bedrooms
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71 Jefferson Street, Bangor, ME 04401

$314,450 | 175 Parkview Avenue, Bangor, ME 04401
1/29
5

$314,450

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Unavailable
Bedrooms
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Square Feet
0.11
Acres

175 Parkview Avenue, Bangor, ME 04401

$219,000 | 16 Kossuth Street, Bangor, ME 04401
1/18
6

$219,000

Sold 04/18/25

Unavailable
Bedrooms
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Square Feet
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Acres

16 Kossuth Street, Bangor, ME 04401

$289,000 | 54 Larkin Street, Bangor, ME 04401
1/36
7

$289,000

Sold 09/18/24

Unavailable
Bedrooms
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Square Feet
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Acres

54 Larkin Street, Bangor, ME 04401

$325,000 | 59 Kenduskeag Avenue, Bangor, ME 04401
1/33
8

$325,000

Sold 04/27/26

Unavailable
Bedrooms
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Acres

59 Kenduskeag Avenue, Bangor, ME 04401

$255,000 | 29 13th Street, Bangor, ME 04401
1/15
9

$255,000

Sold 07/31/25

Unavailable
Bedrooms
2,016
Square Feet
0.17
Acres

29 13th Street, Bangor, ME 04401

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$1,623 per month

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Principal and Interest

$1,347

Property Taxes

$276

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Property Information for 40 Fern Street

Property Details
  • Taxes: $3,315 / year
  • MLS Type: Multi-Family
  • County: Penobscot County
  • Architectural Style: Colonial
  • Style: Colonial
  • Has Waterfront: No
  • Zoning: Urban Res Dist 1
Building Information
  • Residences: 2
  • Year Built: 1880
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Neighborhood
  • Page: 116
  • Zoning Overlay: No
  • Latitude: 44.807897
  • Longitude: -$68.76
Taxes and HOA
  • Association: No
  • Parcel Number: BANG-000054-000000-000119
  • Tax Lot: 119
  • Tax Book Number: 11321
  • Tax Map Number: 054
  • Tax Year: 2023
  • Tax Annual Amount: $3,315.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, On Site
  • Parking: 5 - 10 Spaces, On Site
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Seller
  • Site: Level, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 1968.0
  • Building Area Total: 1968.0
  • Property Type: Multi-Family
  • Deed: All
  • Surveyed: No
  • Construction: Wood Frame
  • Year Built: 1880
Building Features
  • Construction Materials: Vinyl Siding, Wood Frame
Financial Information
  • List Price/SqFt: $151.93
Utilities
  • Heat Fuel: Gas Natural
  • Electric: Circuit Breakers
  • Gas: Natural - At Street
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: Gravel
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Basement: Interior, Unfinished
  • Basement: Unfinished
  • Has Cooling: No
  • Heating: Baseboard
  • Has Heating: Yes
  • Flooring: Laminate
Multi Family
Multi Family Information
  • # of 1 BD Units: 2
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $41,986.00
  • Operating Expense: $39,607.00
Rental
Rent Information
  • Land Lease: No

Property History for 40 Fern Street

DateEvent & SourcePriceAppreciation
Sep 16, 2024

Sold (Public Record)

Public Record #1540932414

$265,000—
Sep 13, 2024

Sold

Maine Listings #1581964

$265,000—
Jan 26, 2024

Listed (Active)

Maine Listings #1581964

$379,000—
DateEvent & SourcePrice
09/16/2024

Sold (Public Record)

Public Record #1540932414

$265,000
09/13/2024

Sold

Maine Listings #1581964

$265,000
01/26/2024

Listed (Active)

Maine Listings #1581964

$379,000

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

Public Records for 40 Fern Street

Taxable ValueLand$28,800Additions$190,100Total$218,900
Tax Record2025$3,875 ($323 / month)
Home Facts
Baths2Total Finished SqFt1,968 SqFtAbove Grade Finished SqFt1,968 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1880Year Renovated1880ZoningURD1CountyPENOBSCOTAPNBANG M:054 L:119

Schools near 40 Fern Street

This home is within Bangor Public Schools.
Rating
School
Type
Grades
Distance
Fruit Street School
Public - PK to 3
Mary Snow School
Public - 4 to 5
William S. Cohen School
Public - 6 to 8
Bangor High School
Public - 9 to 12
Rating
School
Distance
Fruit Street School
PublicPK to 3

Mary Snow School
Public4 to 5

William S. Cohen School
Public6 to 8

Bangor High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40 Fern Street, Bangor, ME 04401
$265,000
–
1,968
8,712
32 Fern Street, Bangor, ME 04401
$200,000
–
3,652
8,712
28 Fern Street, Bangor, ME 04401
$274,000
–
4,201
9,583
38 Fern Street, Bangor, ME 04401
$70,000
4
2,000
5,227
31 Fern Street, Bangor, ME 04401
$159,000
4
1,800
6,098
22 Fern Street, Bangor, ME 04401
$190,000
4
1,964
4,791

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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.