BACK ON THE MARKET AFTER BUYER DENIED FINANCING-buyer's lack of personal income. In this desirable west side neighborhood, finding tenants is easy. Both units have 4 rooms, 2 bedrooms and full bathrooms. Tenants pay monthly rent and individual electric use and hot water. Landlord pays for heat, water and sewer use. Landlord converted the Pensotti hot water boiler to natural gas to save on heating costs. Landlord also installed two new hybrid hot water heaters which also dehumidify the basement. Owner also repaired a foundation issue and installed a bulk head for easy basement access. Exterior is vinyl sided and windows have replacement vinyl double pane windows. This building is a bargain for the Do-It-Yourself buyer. With a little painting inside and some minor upgrades, the rents can be significantly raised to $1000 a month. Second floor units is occupied and are tenants at will/month to month tenants. Plenty of open parking for tenants. For the smart buyer. Invest in the future.
Closed
$135,000
94 Lincoln Street, Bangor, ME 04401
4beds
2,049sqft
Multi Family
Built in 1843
-- sqft lot
$214,500 Zestimate®
$66/sqft
$1,923 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 10, 2025 at 07:09pm
Listed by:
Keller Williams Realty 207-745-7070
Bought with:
The Rock Foundation
Source: Maine Listings,MLS#: 1528200
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Features
- 1st Floor Bedroom, Attic, Bathtub
- Flooring: Vinyl, Wood
- Windows: Double Pane Windows
- Basement: Bulkhead,Interior Entry,Full,Unfinished
Interior area
- Total structure area: 2,049
- Total interior livable area: 2,049 sqft
- Finished area above ground: 2,049
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, Off Street
Features
- Stories: 2
Lot
- Size: 6,098 sqft
- Features: City Lot, Near Shopping, Neighborhood, Level, Open Lot, Sidewalks
Details
- Parcel number: BANGM025L010
- Zoning: URD-2
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1843
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Bangor