Price Reduced 11.11%
Price History
$90,000
2/28/2025
$87,500
3/7/2025
$85,000
3/10/2025
$80,000
3/17/2025
186 3rd Street, Bangor, ME, 04401
6 rooms
4 beds
1 Full baths
1900
Other Style
1,280 sqft
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!
Status:
Active
Type:
Single-family residential
Zoning:
URD-1
Heating:
No Heat System
Cooling:
None
Basement:
Brick/Mortar, Walk-Out Access
Parking:
1 - 4 Spaces, Gravel
Acreage:
0.13
Est. Taxes:
$688
Construction
Vinyl Siding, Wood Frame
Lot Description:
Corner Lot, Intown, Near Turnpike/Interstate
MLS #:
1615212
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of ERA Dawson-Bradford Co.