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$1,600,000
54 Days On Site

74-76 Court Street
Bangor, ME 04401

For Sale|Residential Income|Active
0
Beds
16
Total Baths
16
Full Baths
2,600
SqFt
$615
/SqFt
1880
Built
County:
Penobscot
Days online/new listing status provided by Showcase IDX.
Listing courtesy of of EXP Realty
74-76 Court Street74-76 Court Street74-76 Court Street74-76 Court Street
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Mortgage Calculator

Monthly Payment (Est.)

$7,300
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

This 16-unit residential apartment building, located in Bangor, Maine, offers a remarkable investment opportunity in a desirable area. Low expenses with a net operating income of $142,000 +/- annually. The property is conveniently situated on a bus route and is within walking distance to downtown Bangor, where residents can enjoy shopping, restaurants, and various amenities. Featuring off-street parking, the building has undergone numerous updates, including upgraded wiring, newer vinyl siding, fresh flooring and paint in all common areas. Additionally, new fire-rated exterior doors were installed, and the front roof was replaced in 2024, ensuring structural integrity and safety. The property consists of 16 total units, with 8 of them equipped with high-output baseboard heaters. Seller has added 2 washers and 2 dryers that tenants can use onsite . Plus new foundation walls*. Many units have also been enhanced with updated kitchenettes and appliances, making them appealing to prospective tenants. The building maintains a low vacancy rate and generates strong cash flow, making it a rare find in the market with 16 units contained within a single structure. Situated in the heart of Penobscot County, Bangor is a vibrant city known for its rich history and cultural significance. The area provides a blend of urban conveniences and natural beauty, featuring a variety of shopping venues, diverse dining options, and ample access to outdoor activities. This strong community atmosphere, along with Bangor's strategic location, positions it as an attractive market for multi-family investments.

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Listing Snapshot
Price 
$1,600,000
Days On Site 
54 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,600 sqft
Total Baths 
16
Full Baths 
16
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
1880
MLS® Number 
1660566
Status 
Active
Property Tax 
$5,687
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Days online/new listing status provided by Showcase IDX.
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
Price history, status history, and update history provided by Showcase IDX.
General Features
Acres 
0.26
Land Lease 
No
Parking 
GravelOff StreetOn Street
Sewer 
Public Sewer
SqFt Above 
2600
SqFt Total 
2600
Style 
Colonial
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
multi family
Interior Features
Basement 
Exterior EntryFull
Electric 
Circuit Breakers
Flooring 
TileVinyl
Heating 
Hot Water
Laundry Features 
Washer Hookup
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Exterior Features
Construction Details 
Vinyl SidingFrame
Lot Features 
LevelOpen Lot
Roof 
Metal
Community Features
Roads 
Paved
Listing courtesy of of EXP Realty Bought with of



Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Last checked 2026-06-27 09:45 PM UTC

Neighborhood & Commute
Source: Walkscore
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