65 Second ST Bangor, ME 04401

Investment Opportunity in Bangor: Fully Rented Triplex with Recent Renovations

Discover a prime income-generating property in the heart of Bangor with this fully rented triplex, presenting a compelling investment opportunity:

Unit 1: Spacious 2-bed, 1-bath unit $1,100/month Lease ends 3/31/2025.
Unit 2: Recently renovated in 2024 2-bed, 1-bath unit $1,250/month Lease ends 8/5/2024.
Unit 3: Renovated in 2023 1-bed, 1-bath unit currently rented at $875/month on a flexible month-to-month lease.
Key Features:

Mechanical Systems: Updated in 2013 with a hot air furnace and on-demand hot water heater, ensuring efficiency and lower maintenance costs.
Recent Upgrades: Including a sewer line replacement in November 2022, indicating a well-maintained property.
Income Streams: Coin-operated laundry facilities add to the revenue stream.
Location Benefits:

Situated minutes from downtown Bangor, offering easy access to public transportation, grocery stores, gas stations, waterfront concerts, a casino, restaurants, and diverse businesses.
Additional Details:

Restrictions: No smoking and no dogs policy ensures property upkeep.
Potential: Stable rental income with opportunities for appreciation in a growing urban area.
This triplex represents a lucrative income opportunity with reliable tenants and recent updates. Ideal for savvy investors seeking steady cash flow and future growth potential in a vibrant community. Don't miss out on this turnkey investment in Bangor's thriving rental market.

Schedule your viewing today to explore this promising investment prospect!