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40 2nd Street

Bangor

$549,999

beds   ·   baths   ·   3,852 sqft   ·   0.12 acres   ·   taxes: $3,122   ·   MLS#: 1651834

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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1897
  • Roof : Shingle
  • Basement : Bulkhead
  • Heating : Heat Pump, Baseboard
  • Cooling : Heat Pump

Site

  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : 15 Multi Fam & Serv
Listing provided by CENTURY 21 Queen City Real Estate

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.
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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy