71 1st St

Bangor, ME 04401

$324,900
Price
6
Beds
2,776 Sq. Ft.
$117 / Sq. Ft.
2,776
Sq. Ft.
$117
per Sq. Ft.
Get preapproved with Rocket Mortgage1
New
New
CAB0C057-494A-4897-B879-E8673B034573
A1794AE3-2AD2-40F2-A8F2-5C7113CDCC6E
6CED1986-00D3-4E04-BB25-B2D54F3EF8F4
IMG_3355
IMG_3546
IMG_3547
IMG_3545
IMG_3548
IMG_3551
IMG_3550
IMG_3541
IMG_3539
IMG_3538
IMG_3537
IMG_3535
IMG_3536
IMG_3533
IMG_3527
IMG_3526
IMG_3554
IMG_3534
IMG_3542
IMG_1184
IMG_1185
IMG_1191
IMG_7184
IMG_1186

Description

71 First St, Bangor, ME Solid 5 unit investment property with the big ticket items already taken care of. The current owner has made major capital improvements, including a new roof, new siding, new windows, and an updated natural gas furnace. These are some of the most expensive items investors typically face with older multifamily properties, giving the next owner a strong foundation from day one. The building offers a desirable unit mix with two 2 bedroom apartments and three 1 bedroom apartments....71 First St, Bangor, ME Solid 5 unit investment property with the big ticket items already taken care of. The current owner has made major capital improvements, including a new roof, new siding, new windows, and an updated natural gas furnace. These are some of the most expensive items investors typically face with older multifamily properties, giving the next owner a strong foundation from day one. The building offers a desirable unit mix with two 2 bedroom apartments and three 1 bedroom apartments. All units are currently on month to month leases, creating flexibility for a new owner to improve operations, adjust rents, and increase overall income potential. While the exterior and major systems have already been addressed, the interiors still offer room for value add improvements. Cosmetic updates to the units could help support higher rents, attract stronger tenants, and create forced appreciation over time. This is a property where the next investor can focus on increasing income instead of immediately replacing major building components. Located in Bangor with convenient access to downtown, hospitals, shopping, restaurants, and major employers, 71 First Street offers both current rental income and future upside. A strong option for an investor looking for a multifamily asset with completed capital improvements, flexible leases, and a clear path to improved cash flow.
  1. Listed by Adam King • CENTURY 21 Queen City Real Estate

Property Details for 71 1st Street

Waterfront
No
ArchitecturalStyle
Colonial
Garage
No
Zoning
14 Urban Res Dist 2
LISTING UPDATED: 06/19/2026 04:14 PM

Property Details for 71 1st Street

StatusActive
MLS #1668153
Days on Market1
Taxes$3,111 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.11 AC / 4,791 SF
CountyPenobscot County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of CENTURY 21 Queen City Real Estate
Add your commute

Building Information for 71 1st Street

Stories2Residences5Year Built1900Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$1,878 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,619

Property Taxes

$259

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 71 1st Street

Summary
Location and General Information
  • Zip Code: 6597
  • Town: Bangor
  • State/Province: ME
  • Zip Code: 04401
  • County: Penobscot
  • Geo Latitude: 44.797014
  • Geo Longitude: -68.775867
  • Tax Lot: 155
  • Site:Level: Yes
  • Location:Business District: Yes
  • Location:Intown: Yes
  • Location:Near Golf Course: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Construction: Masonry, Stone2, Wood Frame
  • Road Frontage: true
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: Other, Off Street, On Site
  • Attached Garage: No
  • Parking: Off Street, On Site2
Taxes and HOA Information
  • Tax Book Number: B15840
  • Tax Map Number: 035
  • Tax Year: 2024
  • Parcel Number: BANG-000035-000000-000155
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,111.00
Property
Green Features
  • Green Certification:Energy Star Certified: Yes
  • Energy Efficiency:90% Efficient Furnace: Yes
  • Energy Efficiency: 90% Efficient Furnace, ENERGY STAR Qualified Appliances, Water Heater
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Gas: Yes
  • Water Heater:Tank: Yes
  • Heat Fuel: Gas Natural
  • Heat System: Baseboard
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2776.0
  • Lot Size Acres: 0.11
  • Source of Acreage: Public Records
  • Building Area Total: 2776.0
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4791.6
  • Bathrooms Full: 5
  • Street Number: 71
  • Property Information:Surveyed: Unknown
  • 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:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Yellow
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:Other: Yes
  • Driveway: Other10
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Other Equipment: Cable
  • Gas:Natural - On Site: Yes
  • Water Heater: Gas, Tank
  • Appliances: ENERGY STAR Qualified Appliances
  • Equipment: Cable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonry, Stone, Wood Frame, Vinyl Siding
  • # Fireplaces: 2
  • Fireplace: Yes
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Vehicle Storage: No Vehicle Storage
  • Basement Entry: Interior
Interior Features
  • Basement: Dirt Floor
  • Flooring: Hardwood, Laminate, Plank, Vinyl
  • Cooling: Window Unit(s)
  • Heating: Gas Natural, Baseboard
  • Foundation Details: Stone
  • Accessibility Features: 32 - 36 Inch Doors
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 5
  • Bathrooms Total (Decimal): 5.00
  • Bathrooms Total (Notational): 5.00
  • Cooling YN: Yes
  • Heating YN: Yes
  • Levels: Multi-Level
Multi Family
Income & Expenses Information
  • Gross Income: $41,675.00
  • Operating Expenses: $23,509.00
  • Gross Income: $41,675.00
  • Operating Expenses: $23,509.00
Multi-Family Information
  • Number of Units: 5
  • Building Info:# Fireplaces: 2
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $800.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 2.00
  • 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: Second
  • Unit 2:Monthly Rent: $650.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • 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 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: First
  • Unit 3:Monthly Rent: $750.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 4.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: No
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: Yes
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Second
  • Unit 4:Monthly Rent: $800.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 4.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: No
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: Yes
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: First
  • Unit 5:Monthly Rent: $650.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 4.00
  • Unit 5:# of Bedrooms: 1.00
  • Unit 5:Dedicated Electric Meter: No
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: Yes
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 20
  • Unit 20:Heat: Yes
  • Unit 20:Range: Yes
  • Unit 20:Sewer: Yes
  • Unit 20:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 3
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 71 1st Street

DateEvent & SourcePriceAppreciation
Jun 19, 2026

Listed (Active)

Maine Listings #1668153

$324,900—
Oct 27, 2025

Expired

Maine Listings #1633030

$325,000—
Aug 8, 2025

Pending

Maine Listings #1633030

—
DateEvent & SourcePrice
06/19/2026

Listed (Active)

Maine Listings #1668153

$324,900
10/27/2025

Expired

Maine Listings #1633030

$325,000
08/08/2025

Pending

Maine Listings #1633030

—

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

Public Records for 71 1st Street

Taxable ValueLand$11,800Additions$172,800Total$184,600
Tax Record2025$3,267 ($272 / month)
Home Facts
Baths4Total Finished SqFt2,776 SqFtAbove Grade Finished SqFt2,776 SqFtStories2Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningURD2CountyPENOBSCOTAPNBANG M:035 L:155

Schools near 71 1st 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.

Similar Homes

Explore Nearby Homes

More information about 71 1st Street, Bangor, ME 04401

71 1st Street is a multi-family home for sale in Bangor, ME 04401. This property was listed for sale on June 19, 2026 by CENTURY 21 Queen City Real Estate, it's currently listed at $324,900. This listing's school district is Bangor Public Schools. Nearby schools include Vine Street School, Fairmount School and James F. Doughty School. 71 1st Street is a 6-bed, 5-bath, 2,776 sqft multi-family home built in 1900.

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 CENTURY 21 Queen City Real Estate

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.