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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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40 2nd St , Bangor, ME 04401
$549,999
Est. Payment: $1,222.22/mo
0 Bed
0 Bath
3852 Sqft
Status: Active | Days on site: 187
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1198 - 024624
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House 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.

Highlights

Listed by Adam King , 207-385-6850 CENTURY 21 Queen City Real Estate , 207-942-4618.

Property Type

Commercial Sale

Lot/Acreage
0.12

Year Built

1897

County

Penobscot

Listing ID

1651834

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Internet Access Available
Air Cond:Heat Pump
Fireplaces:
Basement:Bulkhead
Water:Public

Exterior Features

Lot:Near Turnpike/Interstate,Near Airport,Downtown,Business District,Bus Line,Historic District,Near Shopping,Retail Strip
Zoning:15 Multi Fam & Serv
Roof:Shingle
Sewer:Public Sewer
Parking Features:1 - 4 Spaces,On Street
Principal Interest
$1,222
Taxes
$260

Home Price

$549,999

Loan Details

30 yrs
%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,222.22 $260.17 $0.00 $1,482.39
Yearly $14,666.64 $3,122.00 $0.00 $17,788.64
Total $439,999.20 $93,660.00 $0.00 $533,659.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bangor, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.