$70,000
bedrooms
4
bathrooms
1
square feet
1,280
Acreage
0.13
Open Houses
-
year built
1900
Full Baths
1
Half Baths
0
Investor Opportunity in Prime Bangor Location - 186 Third St
Unlock the potential of this 3-bedroom, 1-bathroom home with incredible value-add possibilities! With a little vision, this property can easily be converted into a 4-bedroom, 1.5-bathroom layout — perfect for increasing rental income or resale value. Plus, enjoy peace of mind knowing a **brand-new roof was added in early January 2025**, saving you on major upfront costs.
But the opportunity doesn't stop there — after discussions with the city, it's confirmed that an investor could remove the existing structure and build a single-family home with an ADU (Accessory Dwelling Unit). This opens the door for dual rental income or a flexible multi-generational living space, making it a truly versatile investment.
Located just minutes from the Maine Savings Amphitheatre and Bangor's growing downtown area, this property sits in a developing neighborhood with rising demand and excellent long-term potential. Whether you choose to renovate, rebuild, or rent, this is an investment you don't want to miss.
Don't wait — opportunities like this are rare in such a prime location!
Location | |
Subdivision | - |
County | Penobscot |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 1615212
Listing agent:
Jean Point Du Jour
Listing broker:
Era Dawson Bradford Co., Realtors
(207) 947-6788
Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Wednesday, April 16 2025 at 2:07 a.m. EDT
Kotohomes National
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