54-56 3rd St

Bangor, ME 04401

$474,900
Price
4
Beds
2,364 Sq. Ft.
$201 / Sq. Ft.
2,364
Sq. Ft.
$201
per Sq. Ft.
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29

Description

Amazing Investment Opportunity! This completely gut renovated duplex features two 2-bedroom/1 bath units. The property received a major high end renovation in 2020 down to the studs. These pristine units have brand new solid oak flooring throughout, granite countertops and stainless steel appliances, tile bathrooms with custom glass showers and 2nd floor laundry. The original trim was carefully removed and refinished to perfection before being reinstalled. Each unit features a single car garage on...Amazing Investment Opportunity! This completely gut renovated duplex features two 2-bedroom/1 bath units. The property received a major high end renovation in 2020 down to the studs. These pristine units have brand new solid oak flooring throughout, granite countertops and stainless steel appliances, tile bathrooms with custom glass showers and 2nd floor laundry. The original trim was carefully removed and refinished to perfection before being reinstalled. Each unit features a single car garage on the lower level with basement access through mudroom and storage area. This beautiful building has brand new plumbing, heating and electrical throughout. Utilities are separately metered for each unit. Each unit features its own high efficiency natural gas boiler with baseboard heat along with new windows, doors, insulation and newer roof. Properties share a large driveway which was paved at time of renovations. Units rent at high rates to high end professionals with tenants paying all their own utilities.
  1. Listed by Ralph Harvey • List With Freedom.com • 855-456-4945

Property Details for 54-56 3rd Street

Waterfront
No
ArchitecturalStyle
Other
Garage Spaces
2.00
Garage
Yes
Zoning
Residential Lot
LISTING UPDATED: 11/24/2025 04:57 PM

Property Details for 54-56 3rd Street

StatusActive
MLS #1591648
Days on Market601
Taxes$4,395 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1920
Lot Size0.09 AC / 3,920 SF
CountyPenobscot County

Location

Listing Courtesy of List With Freedom.com
Add your commute

Building Information for 54-56 3rd Street

Stories-Residences2Year Built1920Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$2,681 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,315

Property Taxes

$366

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 54-56 3rd Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Directions: From downtown Main St. to Union St. Left on Third St.
  • Town: Bangor
  • State/Province: ME
  • Zip Code: 04401
  • County: Penobscot
  • Geo Latitude: 44.798777
  • Geo Longitude: -68.77776
  • Tax Lot: 205
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 10416
  • Tax Map Number: 34
  • Tax Year: 2024
  • Parcel Number: BANG M:034 L:205
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,394.92
School Information
  • School District: Penobscot Public Schools
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Gas: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2364.0
  • Lot Size Acres: 0.09
  • Source of Acreage: Public Records
  • Building Area Total: 2364.0
  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3920.4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 5456
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1920
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement, Wood Frame
  • Vehicle Storage:2 Car: Yes
  • Roof: Shingle
Interior Features
  • Basement: Full, Not Applicable
  • Flooring: Wood, Tile
  • Cooling: None
  • Heating: Radiant, Hot Water, Baseboard
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $46,800.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,950.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: Yes
  • Unit 1:Dedicated Water Heater: Yes
  • 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:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,950.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: Yes
  • Unit 2:Dedicated Water Heater: Yes
  • 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 3
  • Unit 3:Range: Yes
  • Unit 3:Sewer: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 54-56 3rd Street

DateEvent & SourcePriceAppreciation
Jun 22, 2025

Price Change

Maine Listings #1591648

$474,900—
May 16, 2025

Price Change

Maine Listings #1591648

$484,900—
Jul 29, 2024

Price Change

Maine Listings #1591648

$489,900—
Jun 16, 2024

Price Change

Maine Listings #1591648

$499,000—
May 31, 2024

Listed (Active)

Maine Listings #1591648

$499,900—
May 11, 2024

Withdrawn

Maine Listings #1582148

$499,900—
Feb 13, 2024

Listed (Active)

Maine Listings #1582148

$499,900—
Sep 27, 2018

Sold

Maine Listings #1347853

$116,500—
Aug 27, 2018

Pending

Maine Listings #1347853

—
Aug 27, 2018

Active Under Contract

Maine Listings #1347853

—
May 1, 2018

Listed (Active)

Maine Listings #1347853

$139,987—
Nov 1, 2017

Expired

Maine Listings #1303821

$144,987—
May 1, 2017

Listed (Active)

Maine Listings #1303821

$144,987—
Oct 20, 2016

Expired

Maine Listings #1275453

$144,987—
Jul 20, 2016

Listed (Active)

Maine Listings #1275453

$144,987—
Nov 28, 2014

Expired

Maine Listings #1132091

$149,900—
Apr 28, 2014

Listed (Active)

Maine Listings #1132091

$149,900—
May 1, 2006

Sold

Maine Listings #775992

$130,000—
Mar 22, 2006

Pending

Maine Listings #775992

—
Mar 21, 2006

Active Under Contract

Maine Listings #775992

—
Dec 12, 2005

Listed (Active)

Maine Listings #775992

$150,000—
DateEvent & SourcePrice
06/22/2025

Price Change

Maine Listings #1591648

$474,900
05/16/2025

Price Change

Maine Listings #1591648

$484,900
07/29/2024

Price Change

Maine Listings #1591648

$489,900
06/16/2024

Price Change

Maine Listings #1591648

$499,000
05/31/2024

Listed (Active)

Maine Listings #1591648

$499,900
05/11/2024

Withdrawn

Maine Listings #1582148

$499,900
02/13/2024

Listed (Active)

Maine Listings #1582148

$499,900
09/27/2018

Sold

Maine Listings #1347853

$116,500
08/27/2018

Pending

Maine Listings #1347853

—
08/27/2018

Active Under Contract

Maine Listings #1347853

—
05/01/2018

Listed (Active)

Maine Listings #1347853

$139,987
11/01/2017

Expired

Maine Listings #1303821

$144,987
05/01/2017

Listed (Active)

Maine Listings #1303821

$144,987
10/20/2016

Expired

Maine Listings #1275453

$144,987
07/20/2016

Listed (Active)

Maine Listings #1275453

$144,987
11/28/2014

Expired

Maine Listings #1132091

$149,900
04/28/2014

Listed (Active)

Maine Listings #1132091

$149,900
05/01/2006

Sold

Maine Listings #775992

$130,000
03/22/2006

Pending

Maine Listings #775992

—
03/21/2006

Active Under Contract

Maine Listings #775992

—
12/12/2005

Listed (Active)

Maine Listings #775992

$150,000

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

Schools near 54-56 3rd Street

This home is within Bangor Public Schools.
Rating
School
Type
Grades
Distance
Vine Street School
Public - PK to 3
Fairmount School
Public - 4 to 5
James F. Doughty School
Public - 6 to 8
Bangor High School
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.

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More information about 54-56 3rd Street, Bangor, ME 04401

54-56 3rd Street is a multi-family home for sale in Bangor, ME 04401. This property was listed for sale on May 31, 2024 by List With Freedom.com, it's currently listed at $474,900. It has been on the market for a total of 601 days and was last sold on September 27, 2018. This listing's school district is Bangor Public Schools. Nearby schools include Vine Street School, Fairmount School and James F. Doughty School. 54-56 3rd Street is a 4-bed, 2-bath, 2,364 sqft multi-family home built in 1920.

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 List With Freedom.com

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.