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  • $114,750

    218 Grove Street, Bangor, ME 04401

    3beds
    1,057sqft
    Single Family Residence
    Built in 1840
    0.28 Acres Lot
    $154,200 Zestimate®
    $109/sqft
    $1,716 Estimated rent

    Home value

    $154,200

    $117,000 - $193,000

    $1,716/mo

    Zestimate® history
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    Owner options

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    $1,716/mo

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    $1,716/mo

    Rent Zestimate®

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    $585/mo

    Est. payment

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    $585/mo

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    What's special

    CALLING ALL INVESTORS - Renovate, Build or BOTH! This rare double-lot (100 x 123) property in Bangor offers a multitude of opportunities! Bangor Code Enforcement says this property has potential to be divided into two lots, which would offer the possibility to build up to 4 residential units (2 per lot), making this an ideal investment or development project. A full survey is available, so you'll be off to a good start for the planning and approval process. The existing 3-bedroom, 1-bath Cape-style home is being sold in ''as-is'' condition and is ready for you to bring your vision and contractors. Renovate it to restore the vintage charm and enjoy the expansive yard with room to add a garage and/or accessory dwelling unit. Or simply tear it down to create a blank slate for a new project. Located in the sought after and convenient ''Tree Streets'' neighborhood, you'll have the advantage of a prime location near shopping, hospitals, parks, and schools. This is a unique opportunity for a savvy investor. Due to the repairs needed, this home will not meet minimum requirements for most mortgage loans.

    Zillow last checked: 8 hours ago

    Listing updated: March 23, 2025 at 10:17am

    Listed by:

    EXP Realty

    Bought with:

    Better Homes & Gardens Real Estate/The Masiello Group

    Source: Maine Listings,MLS#: 1610434MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bonus room
    • Level: Second
    Kitchen
    • Features: Eat-in Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • 1st Floor Bedroom, One-Floor Living, Pantry
    • Flooring: Carpet, Vinyl, Wood
    • Basement: Interior Entry,Dirt Floor,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,057
    • Total interior livable area: 1,057 sqft
    • Finished area above ground: 1,057
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, Paved, 1 - 4 Spaces
    Lot
    • Size: 0.28 Acres
    • Features: City Lot, Level, Open Lot
    Details
    • Parcel number: BANGM047L118
    • Zoning: URD1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Clapboard
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1840

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bangor

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/23/2025Pending sale$126,900+10.6%$120/sqft
    Source: Maine Listings #1610434
    3/14/2025Sold$114,750-9.6%$109/sqft
    Source: Maine Listings #1610434
    2/21/2025Contingent$126,900$120/sqft
    Source: Maine Listings #1610434
    2/15/2025Price change$126,900-7.4%$120/sqft
    Source: Maine Listings #1610434
    12/2/2024Listed for sale$137,000$130/sqft
    Source: Maine Listings #1610434

    Public tax history

    YearProperty taxesTax assessment
    2024$2,183 $114,000
    2023$2,183 +4.4%$114,000 +11.2%
    2022$2,091 +4.8%$102,500 +14.5%

    Find assessor info on the county website

    Neighborhood: 04401

    Nearby schools

    GreatSchools rating
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