72-74 3rd St

$1,289,900
Price
13
Beds
12,418 Sq. Ft.
$104 / Sq. Ft.
12,418
Sq. Ft.
$104
per Sq. Ft.

Description

A rare and impressive opportunity to own an 8-unit multi-family in the historic heart of Bangor, offering strong upside for either an investor or future owner-occupant. This stately brick property features a well-balanced unit mix — five 1-bedroom units, one 2-bedroom unit, and two expansive 3-bedroom penthouse-style apartments — providing excellent versatility and strong market demand across multiple rental demographics. Inside, the building showcases a thoughtful combination of preserved period...A rare and impressive opportunity to own an 8-unit multi-family in the historic heart of Bangor, offering strong upside for either an investor or future owner-occupant. This stately brick property features a well-balanced unit mix — five 1-bedroom units, one 2-bedroom unit, and two expansive 3-bedroom penthouse-style apartments — providing excellent versatility and strong market demand across multiple rental demographics. Inside, the building showcases a thoughtful combination of preserved period details and modern enhancements. Original woodwork and architectural character remain intact, complemented by beautifully updated interiors. Each unit features granite-appointed kitchens with stainless-steel appliances, custom-tiled baths with quality finishes, solid oak flooring, and newer windows, creating a warm and refined living environment that sets the building apart from typical rental stock. Behind the scenes, all major building systems have been responsibly upgraded — including new plumbing throughout, a complete electrical overhaul with upgraded service entrance, and a full roof system replacement in 2019. Additionally, extensive repointing of the brick exterior enhances structural longevity and curb appeal. The property also offers a generous off-street parking area to the rear of the building, accommodating all units — a significant advantage in an in-town location. With 100% occupancy, long-term responsible tenants, and a very strong rental history, this building represents a stable and turnkey addition to any real estate portfolio. Its proximity to downtown Bangor provides walkable access to shops, restaurants, entertainment, public transportation, and employment centers — supporting ongoing tenant retention and future rental rate potential. This property truly delivers the best of both worlds: architectural charm and durability, coupled with modern amenities and secure income performance. Rent roll and financials available upon request.
  1. Listed by Kortnie Mullins • Realty of Maine
  2. Listed by Renee Hudgens Kortnie Mullins • Realty of Maine

Property Details for 72-74 3rd Street

Waterfront
No
ArchitecturalStyle
Other
Garage Spaces
.00
Garage
No
Zoning
14 Urban Res Dist 2
LISTING UPDATED: 12/03/2025 03:15 PM

Property Details for 72-74 3rd Street

StatusActive
MLS #1644615
Days on Market21
Taxes$8,080 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial
Year Built1880
Lot Size0.21 AC / 9,147 SF
CountyPenobscot County

Location

Listing Courtesy of Realty of Maine
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Building Information for 72-74 3rd Street

Stories3Residences8Year Built1880Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$7,047 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,374

Property Taxes

$673

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 72-74 3rd Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 6171
  • Directions: GPS
  • Town: Bangor
  • State/Province: ME
  • Zip Code: 04401
  • County: Penobscot
  • Geo Latitude: 44.79803
  • Geo Longitude: -68.778686
  • Tax Lot: 209
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Bus Line: Yes
  • Location:Intown: Yes
  • Location:Near Golf Course: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Neighborhood: Yes
  • Location:Public Transport Access: Yes
  • Transportation:Major Road Access: Yes
  • Transportation:Near Airport: Yes
  • Transportation:Public Transport Access: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Common, On Site, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 17356
  • Tax Map Number: 34
  • Tax Year: 2026
  • Parcel Number: 72-74ThirdStreetBangor04401
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $8,080.00
Property
Heating and Cooling
  • Water Heater:Electric: No
Lot Information
  • SqFt Finished Below Grade: 1660.0
  • SqFt Finished Above Grade: 10758.0
  • Lot Size Acres: 0.21
  • Source of Acreage: Public Records
  • Building Area Total: 12418.0
  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9147.6
  • Bathrooms Full: 8
  • Bathrooms Half: 0
  • Street Number: 7274
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
  • Property Information:Source of Road Frontage: Public Records
  • Property Information:Total # Floors: 3.00
Parking
  • Driveway:Common: Yes
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Property Sub-Type: Multi Family
  • Year Built: 1880
Utilities
  • Electric: True
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Pole: yes
  • Utilities:Utilities On: Yes
  • Gas:Natural - At Street: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stone, Brick, Wood Frame
  • # Fireplaces: 3
  • Fireplace: Yes
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Fiberglass, Shingle, Tar/Gravel
Interior Features
  • Basement: Walk-Out Access, Finished, Full, Exterior Only
  • Flooring: Wood, Vinyl, Tile
  • Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Shower
  • Cooling: Heat Pump
  • Heating: Hot Water, Heat Pump, Baseboard
  • Laundry Features: Laundry - Coin
  • # Stories: 3
  • # Floors: 3
  • Bathrooms Total (Integer): 8
  • Bathrooms Total (Decimal): 8.00
  • Bathrooms Total (Notational): 8.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $137,340.00
  • Operating Expenses: $26,864.00
Multi-Family Information
  • Number of Units: 8
  • Building Info:# Fireplaces: 3
  • Building Info:# Stories: 3
  • Building Info:# Floors: 3
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,475.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 2.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • 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: $1,400.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • 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: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,100.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: No
  • 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:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,550.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 3.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • 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: Third
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $1,370.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 6.00
  • Unit 5:# of Bedrooms: 3.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: Yes
  • Unit 6:Level: Second
  • Unit 6:Security Deposit: Yes
  • Unit 6:Monthly Rent: $1,400.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 3.00
  • Unit 6:# of Bedrooms: 3.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: Yes
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit 7
  • Unit 7:Lease: Yes
  • Unit 7:Level: Third
  • Unit 7:Security Deposit: Yes
  • Unit 7:Monthly Rent: $1,650.00
  • Unit 7:# Full Baths: 1.00
  • Unit 7:# Half Baths: .00
  • Unit 7:# of Rooms: 3.00
  • Unit 7:# of Bedrooms: 2.00
  • Unit 7:Dedicated Electric Meter: Yes
  • Unit 7:Dedicated Gas Meter: No
  • Unit 7:Dedicated Water Heater: No
  • Unit 7:Electric: No
  • Unit 7:Heat: No
  • Unit 7:Range: Yes
  • Unit 7:Refrigerator: Yes
  • Unit 7:Sewer: Yes
  • Unit 7:Water: Yes
Unit 8
  • Unit 8:Lease: Yes
  • Unit 8:Level: Basement
  • Unit 8:Security Deposit: Yes
  • Unit 8:Monthly Rent: $1,500.00
  • Unit 8:# Full Baths: 1.00
  • Unit 8:# Half Baths: .00
  • Unit 8:# of Rooms: 1.00
  • Unit 8:# of Bedrooms: 1.00
  • Unit 8:Dedicated Electric Meter: Yes
  • Unit 8:Dedicated Gas Meter: No
  • Unit 8:Dedicated Water Heater: No
  • Unit 8:Electric: Yes
  • Unit 8:Heat: Yes
  • Unit 8:Range: Yes
  • Unit 8:Refrigerator: Yes
  • Unit 8:Sewer: Yes
  • Unit 8:Water: Yes
Unit 17
  • Unit 17:Heat: Yes
  • Unit 17:Range: Yes
  • Unit 17:Sewer: Yes
  • Unit 17:Water: Yes
Unit 18
  • Unit 18:Heat: No
  • Unit 18:Range: Yes
  • Unit 18:Refrigerator: Yes
  • Unit 18:Sewer: Yes
  • Unit 18:Water: Yes
Unit 19
  • Unit 19:Heat: Yes
  • Unit 19:Range: Yes
  • Unit 19:Refrigerator: Yes
  • Unit 19:Sewer: Yes
  • Unit 19:Water: Yes
Unit 20
  • Unit 20:Heat: Yes
  • Unit 20:Range: Yes
  • Unit 20:Refrigerator: Yes
  • Unit 20:Sewer: Yes
  • Unit 20:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 5
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 2
  • Units:# of 4+ BD Units: 0

Property History for 72-74 3rd Street

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Listed (Active)

Maine Listings #1644615

$1,289,900
Dec 1, 2025

Listed (Active)

Maine Listings #1644945

$1,289,900
Dec 6, 2024

Sold

Maine Listings #1597045

$1,149,000
Sep 25, 2024

Pending

Maine Listings #1597045

Sep 24, 2024

Active Under Contract

Maine Listings #1597045

Sep 12, 2024

Price Change

Maine Listings #1597045

$1,249,000
Jul 16, 2024

Listed (Active)

Maine Listings #1597045

$1,289,000
Aug 2, 2007

Expired

Maine Listings #843454

$325,000
May 2, 2007

Listed (Active)

Maine Listings #843454

$349,000
DateEvent & SourcePrice
12/01/2025

Listed (Active)

Maine Listings #1644615

$1,289,900
12/01/2025

Listed (Active)

Maine Listings #1644945

$1,289,900
12/06/2024

Sold

Maine Listings #1597045

$1,149,000
09/25/2024

Pending

Maine Listings #1597045

09/24/2024

Active Under Contract

Maine Listings #1597045

09/12/2024

Price Change

Maine Listings #1597045

$1,249,000
07/16/2024

Listed (Active)

Maine Listings #1597045

$1,289,000
08/02/2007

Expired

Maine Listings #843454

$325,000
05/02/2007

Listed (Active)

Maine Listings #843454

$349,000

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

Schools near 72-74 3rd 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

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72-74 3rd Street is a multi-family home for sale in Bangor, ME 04401. This property was listed for sale on December 1, 2025 by Realty of Maine, it's currently listed at $1,289,900. It has been on the market for a total of 21 days and was last sold on December 6, 2024. This listing's school district is Bangor Public Schools. Nearby schools include Vine Street School, Fairmount School and James F. Doughty School. 72-74 3rd Street is a 13-bed, 8-bath, 12,418 sqft multi-family home built in 1880.

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 Realty of Maine

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.