Movoto Real Estate
Sold on 05/29/2026
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54-56 Third St, Bangor, ME 04401

  • $444,000

    Last sold 05/29/2026 after 728 Days

  • 2

    bed

  • 2

    bath

  • 2,364

    Sqft ($188/Sqft)

Multi-family not for sale
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About 54-56 Third St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 3,920 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Amazing Investment Opportunity! This completely gut renovated duplex features two 2-bedroom/1 bath units. The property received a major high end renovation in 2020 down to the studs. These pristine units have brand new solid oak flooring throughout, granite countertops and stainless steel appliances, tile bathrooms with custom glass showers and 2nd floor laundry. The original trim was carefully removed and refinished to perfection before being reinstalled. Each unit features a single car garage on the lower level with basement access through mudroom and storage area. This beautiful building has brand new plumbing, heating and electrical throughout. Utilities are separately metered for each unit. Each unit features its own high efficiency natural gas boiler with baseboard heat along with new windows, doors, insulation and newer roof. Properties share a large driveway which was paved at time of renovations. Units rent at high rates to high end professionals with tenants paying all their own utilities.
Listed by
Listing Agent - Ralph Harvey
Listing Agent Contact: 855-456-4945
Listing Office - List With Freedom.com
Source: MREIS mls logo
MLS#1591648 • last updated 3 weeks ago
Movoto checked MREIS for data 25 minutes ago
Overview
Heating Gas Natural, Baseboard, Hot Water, Radiant
Levels/Style Other
MLS # 1591648
SqFt 2364
Status Closed
Lot Size (Acres) 0.09
Lot Size (Sqft) 3920.4
Property Tax 4394.92
Year Built 1920
Interior
Total # of Bathrooms 2
# Full Baths 2
Flooring Tile, Wood
Exterior
Roof Shingle
Construction Wood Frame, Fiber Cement
Parking Paved, 1 - 4 Spaces
Lot Features Intown, Near Shopping, Corner Lot, Level, Sidewalks
Amenities / Utilities
Water Source Public
Location
High School District Penobscot Public Schools
Zoning Residential Lot
Multifamily Details
Total # Of Units 2
Gross Income 46800
Lot/ Land Details
Road Surface Paved
Rental est.: $1,682/month
Gross rent multiplier: 22.7
  • May 2026
    mls logo MLS # 1591648
  • May 30, 2026 Sold
    $444,000 (-3.3%)
  • Apr 24, 2026 Pending
  • Apr 8, 2026 Price Change
    $459,000 (-2.1%)
  • Feb 11, 2026 Price Change
    $469,000 (-1.2%)
  • Jun 22, 2025 Price Change
    $474,900 (-2.1%)
  • May 17, 2025 Price Change
    $484,900 (-1.0%)
  • Jul 29, 2024 Price Change
    $489,900 (-1.8%)
  • Jun 16, 2024 Price Change
    $499,000 (-0.2%)
  • May 31, 2024 Listed
    $499,900
  • May 2024
    mls logo MLS # 1582148
  • May 11, 2024 Canceled
  • Feb 13, 2024 Listed
    $499,900 (+329.1%)
  • Sep 2018
    mls logo MLS # 1347853
  • Sep 27, 2018 Sold
    $116,500 (-16.8%)
  • Aug 27, 2018 Pending
  • May 1, 2018 Listed
    $139,987 (-3.4%)
  • Nov 2017
    mls logo MLS # 1303821
  • Nov 2, 2017 Expired
  • Jun 24, 2017 Listed
  • Jun 14, 2017 Pending
  • May 1, 2017 Listed
    $144,987
  • Oct 2016
    mls logo MLS # 1275453
  • Oct 21, 2016 Expired
  • Jul 20, 2016 Listed
    $144,987 (-3.3%)
  • Nov 2014
    mls logo MLS # 1132091
  • Nov 29, 2014 Expired
  • Apr 28, 2014 Listed
    $149,900
  • 54-56 Third St
    $444K
  • West Side Village
    $334K +33% y/y
  • 04401
    $449K +52% y/y
  • Bangor
    $300K -7% y/y
No chart available
Statistics calculated by Movoto

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6/10
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Source: GreatSchools.org © 2026. All rights reserved.

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