40 2nd St, Bangor, ME 04401
- $549,999
- 3,852
- SqFt
Listing courtesy of CENTURY 21 Queen City Real Estate.
- List Price
- $549,999
- MLS#
- 1651834
- Status
- ACTIVE
- Type
- Commercial
- City
- Bangor
- County
- Penobscot
- Living Area
- 3,852
- Lot Size
- 5,227
- Year Built
- 1897
Property Description
For the right operator, this is a real opportunity. 40 2nd Street is a fully operational 9-room boarding house with 2 private efficiencies in Bangor -- an established income property with history, structure, and annual inspections in place. Three furnished rooms per floor (9 total) with shared kitchen and bath access. Two efficiencies with private baths and kitchenettes. Furnishings convey. Month-to-month tenancy model offers flexibility while maintaining consistent occupancy. This property has a system. It requires engagement. And in return, it performs. Located near downtown, hospitals, public transportation, and major commuter routes -- a corridor that has supported this use for years. Financials available in MLS documents. Seller financing may be considered with 25% down; terms negotiable. For the investor who understands this asset class, 40 2nd isn't complicated -- it's calculated.
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Additional Information
- Living Area
- 3,852
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Bulkhead
- Cooling
- Heat Pump
- Year Built
- 1897
- Acres
- 0.12
- Roof
- Shingle
- Foundation
- Stone, Brick/Mortar
- Stories
- 3
- Courtesy Of Listing Office
- CENTURY 21 Queen City Real Estate
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