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57 Elm Street, 
Bangor, ME 04401

$325,000


Bed


2

Baths


2,688

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Lisa Caron

Nexthome Experience

Last updated:

May 15, 2026, 07:39 AM

MLS#

1650243

Source:

ME MREIS

About This Home

57 Elm Street

Well-maintained 1900 duplex in a convenient Bangor location offering flexibility for owner occupancy or investment. The front unit features 3-4 bedrooms and 1 full bath and is currently unoccupied, allowing for owner occupancy or the ability to establish new rental terms. The rear unit offers 2 bedrooms and 1 full bath and is occupied under a month-to-month lease. After purchase in July 2021, the hot water systems were separated so each unit now has its own independent hot water supply including a newer heat pump hot water heater added to one of the units providing the individual hot water service. Additional improvements completed since purchase include replacement of the sewer line from the house to the city main connection, along with any associated plumbing updates required at that time. Utilities were also completely separated for each apt, meaning the natural gas and electric meters were separated so each unit has its own heating system and electric service. Smart thermostats were added, along with updated wiring and 24-volt transformers in each apartment. Further updates include new refrigerators and washer/dryer sets in both units, a new electric range in one unit, new laminate flooring, and new carpeting on the stairway to the second level in the smaller unit. The driveway has been resurfaced with crushed gravel. Located near hospitals, downtown, shopping, parks, and many local amenities. public transportation available within one block. This move-in-ready duplex offers a strong rental history, excellent positive cash flow potential, and an exceptional opportunity for owner occupancy or continued investment use in Bangor.

Home Facts

Multi-Family

2 Baths

Built in 1900

Price Summary

325,000

$120 per Sq. Ft.

MLS #:

1650243

Last Updated:

May 15, 2026, 07:39 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,688 Sq. Ft.


Structure

Structure

Architectural Style:

Mansard

Building Area:

2,688 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$325,000

Price per Sq. Ft:

$120 per Sq. Ft.

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MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.