486 Union St

1,542 Sq. Ft.
$178 / Sq. Ft.
1,542
Sq. Ft.
$178
per Sq. Ft.

Description

Attention investors! This two-unit property on a .9 +/- acre lot is a prime opportunity for investment. Unit 1 has three bedrooms and one bathroom and Unit 2 has one bedroom and one bathroom. The property offers developmental opportunity in the rear of the lot, adjacent to Hayford Park. Add to your investment portfolio or live in one unit and rent out the other! Schedule a showing today!Attention investors! This two-unit property on a .9 +/- acre lot is a prime opportunity for investment. Unit 1 has three bedrooms and one bathroom and Unit 2 has one bedroom and one bathroom. The property offers developmental opportunity in the rear of the lot, adjacent to Hayford Park. Add to your investment portfolio or live in one unit and rent out the other! Schedule a showing today!
  1. Listed by Bradley Mitchell • RE/MAX Collaborative

Property Details for 486 Union Street

Waterfront
No
ArchitecturalStyle
Farmhouse
Garage Spaces
.00
Garage
No
Zoning
URD-1
LISTING UPDATED: 01/15/2025 10:16 PM

Property Details for 486 Union Street

StatusClosed
MLS #1577123
Days on Market81
Taxes$3,323 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.90 AC / 39,204 SF
CountyPenobscot County

Location

Listing Courtesy of RE/MAX Collaborative

Sold By Lynam Real Estate Agency

Add your commute

Building Information for 486 Union Street

Stories2Residences2Year Built1900Building Size-Lot Size0.90 AC / 39,204 SF

Payment Calculator

$1,662 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,385

Property Taxes

$277

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 486 Union Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 3749
  • Directions: From the North on I-95: Take Exit 184 onto Union Street and turn left onto Union Street toward the business district. In ~0.4 miles the home will be on your right, 486 Union Street.
  • Town: Bangor
  • State/Province: ME
  • Zip Code: 04401
  • County: Penobscot
  • Geo Latitude: 44.80564
  • Geo Longitude: -68.787891
  • Tax Lot: 005
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Transportation:Major Road Access: Yes
  • Transportation:Near Airport: Yes
  • Transportation:Public Transport Access: Yes
  • Construction: Wood Frame
  • Road Frontage: true
  • Water View2: No
Parking
  • Parking Features: 11 - 20 Spaces, Gravel, Paved, On Site
  • Attached Garage: No
  • Parking: 11 - 20 Spaces, On Site2, Paved3
Taxes and HOA Information
  • Tax Book Number: 15477
  • Tax Map Number: 021
  • Tax Year: 2023
  • Parcel Number: BANG-000021-000000-000005
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,322.52
School Information
  • School District: Bangor Public Schools
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
  • Heat Fuel: Gas Natural
  • Heat System: Baseboard, Heat Pump, Multi-Zones
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1542.0
  • Lot Size Acres: 0.9
  • Source of Acreage: Seller
  • Building Area Total: 1542.0
  • Lot Size Area: 0.9
  • Lot Size Units: Acres
  • Lot Size Square Feet: 39204.0
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 486
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Gray & White
  • Property Information:Source of Road Frontage: Deed
Parking
  • Driveway:Gravel: Yes
  • Driveway:Paved: Yes
  • Driveway: Gravel, Paved2
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
  • Gas:Underground: Yes
  • Water Heater: Off Heating System
  • Equipment: Cable, Internet Access Available, Satellite Dish
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Clapboard, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Vehicle Storage: No Vehicle Storage
  • Basement Entry: Interior
Interior Features
  • Basement: Crawl Space
  • Flooring: Vinyl, Tile, Carpet
  • Interior Features: 1st Floor Bedroom
  • Cooling: None, Heat Pump
  • Heating: Multi-Zones, Heat Pump, Baseboard
  • Foundation Details: Stone, Brick/Mortar
  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • # Floors: 2
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
  • Amenities: 1st Floor Bedroom, Laundry - 1st Floor, Laundry - Hookup
Multi Family
Income & Expenses Information
  • Gross Income: $27,600.00
  • Operating Expenses: $12,991.55
  • Gross Income: $27,600.00
  • Operating Expenses: $12,991.55
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Stories: 2
  • Building Info:# Heating Units: 1
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,275.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 2.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • 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: $1,025.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 2.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 486 Union Street

DateEvent & SourcePriceAppreciation
Mar 18, 2024

Sold (Public Record)

Public Record #1528999555

$275,000
Mar 18, 2024

Sold (Public Record)

Public Record #1528999555

$275,000
Mar 18, 2024

Sold

Maine Listings #1577598

$275,000
Mar 18, 2024

Sold

Maine Listings #1577123

$275,000
Feb 11, 2024

Pending

Maine Listings #1577598

Feb 11, 2024

Pending

Maine Listings #1577123

Jan 29, 2024

Active Under Contract

Maine Listings #1577598

Jan 29, 2024

Active Under Contract

Maine Listings #1577123

Jan 7, 2024

Price Change

Maine Listings #1577598

$289,000
Jan 7, 2024

Price Change

Maine Listings #1577123

$289,000
Dec 2, 2023

Price Change

Maine Listings #1577598

$299,000
Dec 2, 2023

Price Change

Maine Listings #1577123

$299,000
Nov 7, 2023

Listed (Active)

Maine Listings #1577598

$309,500
Nov 7, 2023

Listed (Active)

Maine Listings #1577123

$309,500
Mar 6, 2006

Expired

Maine Listings #770412

$129,222
Feb 17, 2006

Sold

Maine Listings #765025

$129,024
Jan 22, 2006

Active Under Contract

Maine Listings #765025

Jan 18, 2006

Pending

Maine Listings #765025

Oct 18, 2005

Listed (Active)

Maine Listings #770412

$139,222
Sep 9, 2005

Listed (Active)

Maine Listings #765025

$139,222
DateEvent & SourcePrice
03/18/2024

Sold (Public Record)

Public Record #1528999555

$275,000
03/18/2024

Sold (Public Record)

Public Record #1528999555

$275,000
03/18/2024

Sold

Maine Listings #1577598

$275,000
03/18/2024

Sold

Maine Listings #1577123

$275,000
02/11/2024

Pending

Maine Listings #1577598

02/11/2024

Pending

Maine Listings #1577123

01/29/2024

Active Under Contract

Maine Listings #1577598

01/29/2024

Active Under Contract

Maine Listings #1577123

01/07/2024

Price Change

Maine Listings #1577598

$289,000
01/07/2024

Price Change

Maine Listings #1577123

$289,000
12/02/2023

Price Change

Maine Listings #1577598

$299,000
12/02/2023

Price Change

Maine Listings #1577123

$299,000
11/07/2023

Listed (Active)

Maine Listings #1577598

$309,500
11/07/2023

Listed (Active)

Maine Listings #1577123

$309,500
03/06/2006

Expired

Maine Listings #770412

$129,222
02/17/2006

Sold

Maine Listings #765025

$129,024
01/22/2006

Active Under Contract

Maine Listings #765025

01/18/2006

Pending

Maine Listings #765025

10/18/2005

Listed (Active)

Maine Listings #770412

$139,222
09/09/2005

Listed (Active)

Maine Listings #765025

$139,222

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

Public Records for 486 Union Street

Taxable ValueLand$31,000Additions$158,200Total$189,200
Tax Record2024$3,510 ($292 / month)
Home Facts
Beds5Baths2Total Finished SqFt1,542 SqFtAbove Grade Finished SqFt1,542 SqFtStories2Lot Size19,602 SqFtStyleSingle Family ResidenceYear Built1900ZoningURD1CountyPENOBSCOTAPNBANG M:021 L:005Fireplace TypeHas Fireplace

Schools near 486 Union Street

This home is within Bangor Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Vine Street School
PublicPK to 3

Fairmount School
Public4 to 5

James F. Doughty 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.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Collaborative

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.