96 East Broadway
96 East Broadway
Bangor, ME 04401
$574,900
Price
8
Beds
4
Baths
4,000 Sq. Ft.
$144 / Sq. Ft.
4,000
Sq. Ft.
$144
per Sq. Ft.
Pending
Virtual Tour
Pending
Virtual Tour
Description
2 Duplexes - 4 Units - Additional Subdivision Building Lot - Investor's Dream! -----
Step into this fantastic multifamily property, perfectly positioned in a bustling town locale, offering not one, but two charming duplexes on a generous lot. Picture this: two duplexes, each internal unit a mirror image of the other, providing easy, no-fuss living arrangements. True duplexes. -----
Currently, the rents are a steal, sitting comfortably below market value, yet still turning a tidy profit. This setup...2 Duplexes - 4 Units - Additional Subdivision Building Lot - Investor's Dream! -----
Step into this fantastic multifamily property, perfectly positioned in a bustling town locale, offering not one, but two charming duplexes on a generous lot. Picture this: two duplexes, each internal unit a mirror image of the other, providing easy, no-fuss living arrangements. True duplexes. -----
Currently, the rents are a steal, sitting comfortably below market value, yet still turning a tidy profit. This setup is a dream for investors looking to make their money work for them, or for savvy homebuyers seeking a place to call home with the added bonus of rental income. a 50% increase in rents would easily be supported in this market and still be very competitive. -----
Each of the four units boasts two cozy bedrooms and a well-sized bathroom, making them ideal for comfortable living. Tucked away behind the duplexes is private parking and a driveway, leading to an extra building lot included in the sale. Imagine the possibilities! -----
With roofs less than six years old, you can rest easy knowing that maintenance won't be a headache. And if you're curious about layouts, we've got you covered with available floor plans. -----
Ready to seize the opportunity of a lifetime? Come and see for yourself what awaits at this prime Bangor location. 2 duplex units and an additional building lot ready for expansion. -----
Your multifamily dream home is waiting!
Step into this fantastic multifamily property, perfectly positioned in a bustling town locale, offering not one, but two charming duplexes on a generous lot. Picture this: two duplexes, each internal unit a mirror image of the other, providing easy, no-fuss living arrangements. True duplexes. -----
Currently, the rents are a steal, sitting comfortably below market value, yet still turning a tidy profit. This setup...2 Duplexes - 4 Units - Additional Subdivision Building Lot - Investor's Dream! -----
Step into this fantastic multifamily property, perfectly positioned in a bustling town locale, offering not one, but two charming duplexes on a generous lot. Picture this: two duplexes, each internal unit a mirror image of the other, providing easy, no-fuss living arrangements. True duplexes. -----
Currently, the rents are a steal, sitting comfortably below market value, yet still turning a tidy profit. This setup is a dream for investors looking to make their money work for them, or for savvy homebuyers seeking a place to call home with the added bonus of rental income. a 50% increase in rents would easily be supported in this market and still be very competitive. -----
Each of the four units boasts two cozy bedrooms and a well-sized bathroom, making them ideal for comfortable living. Tucked away behind the duplexes is private parking and a driveway, leading to an extra building lot included in the sale. Imagine the possibilities! -----
With roofs less than six years old, you can rest easy knowing that maintenance won't be a headache. And if you're curious about layouts, we've got you covered with available floor plans. -----
Ready to seize the opportunity of a lifetime? Come and see for yourself what awaits at this prime Bangor location. 2 duplex units and an additional building lot ready for expansion. -----
Your multifamily dream home is waiting!
- Listed by Corey Dunn • The Rock Foundation
Property Details for 96 East Broadway
Waterfront
No
ArchitecturalStyleRaised Ranch, Ranch
GarageNo
ZoningRES
Location
Listing Courtesy of The Rock Foundation
Add your commute
LISTING UPDATED: 05/07/2024 12:23 PM
Property Details for 96 East Broadway
| Status | Pending |
|---|---|
| MLS # | 1586762 |
| Days on Market | 11 |
| Taxes | $8,330 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1981 |
| Lot Size | 0.93 AC / 40,510 SF |
| County | Penobscot County |
Location
Listing Courtesy of The Rock Foundation
Add your commute
Virtual Tour
Building Information for 96 East Broadway
Stories-Residences4Year Built1981Building Size-Lot Size0.93 AC / 40,510 SF
Payment Calculator
$3,832 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,137
Property Taxes
$694
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 96 East Broadway
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 3461
- Town: Bangor
- State/Province: ME
- Zip Code: 04401
- County: Penobscot
- Tax Lot: 004/004B
- Site:Level: Yes
- Site:Open: Yes
- Location:Intown: Yes
- Location:Neighborhood: Yes
Parking
- Parking Features: 5 - 10 Spaces, Gravel
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 3119/3254
- Tax Map Number: 44
- Tax Year: 2023
- Parcel Number: BANG-000044-000000-000004
- Location Information:Association Y/N: No
- Tax Annual Amount: $8,330.00
Virtual Tour
- Virtual Tour URLUnbranded: https://my.matterport.com/show/?m=p92YSNKvZca&mls=1
Property
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 4000.0
- Lot Size Acres: 0.93
- Source of Acreage: Public Records
- Building Area Total: 4000.0
- Lot Size Area: 0.93
- Lot Size Units: Acres
- Lot Size Square Feet: 40510.8
- Bathrooms Full: 4
- Bathrooms Half: 0
- Street Number: 96
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:2 Detached Houses on 1 Lot: Yes
- Property Information:Total Half Baths: .00
Parking
- Driveway:Gravel: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1981
Utilities
- Electric: True
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Siding, Vinyl Siding, Shingle Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
Interior Features
- Basement: Walk-Out Access, Daylight, Finished, Full
- Flooring: Laminate, Carpet
- Interior Features: Bathtub
- Cooling: None
- Heating: Baseboard
- Laundry Features: Washer Hookup
- Bathrooms Total (Integer): 4
- Bathrooms Total (Decimal): 4.00
- Bathrooms Total (Notational): 4.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $51,600.00
- Operating Expenses: $11,430.00
Multi-Family Information
- Number of Units: 4
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $950.00
- 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: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: No
- 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: $950.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: No
- 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:Security Deposit: Yes
- Unit 3:Monthly Rent: $1,250.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 5.00
- Unit 3:# of Bedrooms: 2.00
- 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: No
- 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: First
- Unit 4:Security Deposit: Yes
- Unit 4:Monthly Rent: $1,250.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 5.00
- Unit 4:# of Bedrooms: 2.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: No
- Unit 4:Dedicated Water Heater: Yes
- Unit 4:Electric: No
- Unit 4:Heat: No
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 4
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 96 East Broadway
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 96 East Broadway
Taxable ValueLand$70,800Additions$357,400Total$428,200
Tax Record2023$8,200 ($683 / month)
Home Facts
Total Finished SqFt4,084 SqFtAbove Grade Finished SqFt4,084 SqFtStories2Lot Size31,799 SqFtStyleMulti-Family Res (5+ Units)Year Built1981ZoningLDRCountyPENOBSCOTAPNBANG M:044 L:004
Schools near 96 East Broadway
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 |
|---|---|---|
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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Listing Courtesy of The Rock Foundation
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.
