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About This Home

This 0-bedroom, 0-bathroom commercial at 40 2nd Street in Bangor, ME is listed for $549,999 ($143 per sqft). Built in 1897, the home offers 3,852 sqft of living space on a 0.12 acres lot.

Agent 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.

Key Features

  • Built in 1897
  • 0.12 acre lot

Property Details

1897

Amenities

HardwoodA/C

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

40 2nd Street

Bangor, ME 04401

Property Details

Flooring

Hardwood

Construction

Wood Frame Aluminum Siding Vinyl Siding

Parking

On Street

Heating

BaseboardHeat Pump (Heating)Natural Gas

Cooling

Heat Pump

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 40 2nd Street is listed at $549,999 ($143/sqft). The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.

Key features include: Built in 1897, 0.12 acre lot.

This property is listed by Adam King and can be reached at 2073856850 or adamking@c21queencity.com.

AK

Adam King

Agent at CENTURY 21 Queen City Real Estate

(207) 385-6850

Listed by CENTURY 21 Queen City Real Estate

MLS# 1651834· Source: listhub· Updated today

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40 2nd Street, Bangor, ME 04401

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