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72-74 Third Street, 
Bangor, ME 04401

$1,289,900


Bed


8

Baths


12,418

Sq Ft


Multi-Family

Active

Listed by

Kortnie Mullins

Renee Hudgens Kortnie Mullins

Realty Of Maine

Last updated:

December 3, 2025, 10:11 PM

MLS#

1644615

Source:

ME MREIS

About This Home

72-74 Third Street

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.

Home Facts

Multi-Family

8 Baths

Built in 1880

Price Summary

1,289,900

$103 per Sq. Ft.

MLS #:

1644615

Last Updated:

December 3, 2025, 10:11 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

12,418 Sq. Ft.


Structure

Structure

Building Area:

12,418 Sq. Ft.

Year Built:

1880


Lot

Lot Size (Sq. Ft):

9,147


Finances & Disclosures

Finances

Price:

$1,289,900

Price per Sq. Ft:

$103 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing 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. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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