Multi-Family for Sale: 17 Fruit Street, Bangor, ME 04401 SOLD

2 full baths
$275,000
$275,000
17 Fruit Street, Bangor, ME 04401 SOLD
2 full baths
$275,000
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Selling Price: $275,000
Original List Price: $280,000
Sold at 98.2% of list price
Sold Date: 05/03/2024

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Type Multi-Family
Style Multi-Level, New Englander
Total Baths 2 full baths
Square Feet 1,806 sqft
Lot Size 0.09 acres
Year Built 1900
Taxes Paid $2,882
City Bangor
County Penobscot
MLS 1582711
Status Closed
Introducing a fantastic investment opportunity, this recently renovated duplex located on Fruit Street offers two immaculate units for sale. The top unit features brand new flooring in the kitchen, along with added new cabinets and a vent microwave. Additionally, a washer and dryer have been installed for added convenience. The bottom unit has also undergone extensive upgrades, boasting new flooring throughout, a fresh coat of paint, and the addition of a washer and dryer. The basement has been thoughtfully preserved with plastic wrap to maintain heating, and the driveway has been newly paved. Both units are comprised of two bedrooms and one bathroom each, and have been operating as successful Mid Term rentals for the past two years. With a combined rental income of $4,000 per month, this property represents a lucrative investment opportunity. The location is minutes away from the Northern Lights Medical Center, making it highly desirable for both short-term and long-term tenants.

Room Features

Basement Description Dirt Floor, Interior Entry, Full

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $2,882

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 4
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4

Price History of 17 Fruit Street, Bangor, ME

Date Name Price Difference
02/22/2024 Listing Price $275,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Crystal Perham
Direct: 603-233-0197
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by ERA Dawson-Bradford Co., Augustine Ofili 207-947-6788
Sold by ERA Dawson-Bradford Co., Dustin Smiley 207-947-6788
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6.75%
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Listing information courtesy of: ERA Dawson-Bradford Co.

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.