| Up North Realty Maine

64 Cedar Street, Bangor, ME 04401

New Listing
$445,000
Property Type: Multi-Family Baths: 6 Square Footage: 5,015 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $445,000 List Date: 10/08/2025 Last Modified: 10/10/2025

Description

Investors Take Notice! Fantastic opportunity to own this income-producing 5-unit property complete with a 6 unit storage building. Conveniently located close to downtown, this property offers plenty of parking for tenants and guests. Strong rental history with room for even more growth. Key features include: Natural gas heat for efficiency, newer deck for added value, updated kitchen in one of the units, and refinished hardwood floors in select areas With reliable tenants already in place and tons of potential to increase returns, this property is a must-see for any serious investor. 48-hour notice required for showings.

Supplements: ********

More Information MLS# 1637375

Location Information

Book: 15801 Leased Land: No Page: 281-283 Map: 35 Lot: 159 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 64 Street Name: Cedar Street Type: Street County: Penobscot Town: Bangor State/Province: ME Zip Code: 04401 Zip +4: 6435 Zoning: URD-2 Full Tax Amount $: 5124 Tax Year: 2024 Geo Lat: 44.797748 Geo Lon: -68.775891

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 5 Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.21 Total Baths: 6 Total Half Baths: 0 Color: Tan Road Frontage: Yes Road Frontage +/-: 192 Source of Road Frontage: Public Records SqFt Finished Above Grade: 5015 SqFt Finished Below Grade: 0 SqFt Source: Public Records Furniture: Unfurnished Garage: No Total Full Baths: 6 Year Built: 1880 SqFt Finished Total: 5015 Source of Acreage: Public Records

Site

Corner Lot: 1

Location

Intown: 1 Near Golf Course: 1 Near Shopping: 1

Roads

Paved: 1 Public: 1

Transportation

Major Road Access: 1 Public Transport Access: 1

Water Info

Water Frontage: No Water View: No

Style

Colonial: 1

Construction

Wood Frame: 1

Other Structures

Outbuilding: 1

Levels

Multi-Level: 1

Basement

Brick/Mortar: 1 Full: 1 Other: 1 Partial: 1 Walk-Out Access: 1 Other Description: Unit 56 basement level

Foundation Materials

Block: 1 Brick/Mortar: 1 Granite: 1 Other: 1

Exterior

Vinyl Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Hot Water: 1

Building Info

# Stories: 4 # Heating Units: 1

Heat Fuel

Gas Natural: 1

Income & Expenses

Gross Income: 67099.65 Operating Expenses: 29287.35

Cooling

None: 1

Floors

Carpet: 1 Hardwood: 1 Laminate: 1

Accessibilitiy Amenities

32 - 36 Inch Doors: 1

Units

# of 1 BD Units: 2 # of 2 BD Units: 1 # of 3 BD Units: 2

Parking

5 - 10 Spaces: 1

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 900 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1350 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 600 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1400 # Full Baths: 2 # of Rooms: 7 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Unit 5

Lease: No Level: Basement Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Driveway

Gravel: 1

Basement Entry

Exterior Only: 1

Water Heater

Off Heating System: 1

Amenities

Storage: 1

Patio and Porch Features

Deck: 1

Equipment

Internet Access Available: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 445000 List Price: $445,000 Current Price: $445,000

Property Features

Site: Corner Lot Location: Intown; Near Golf Course; Near Shopping Roads: Paved; Public Transportation: Major Road Access; Public Transport Access Style: Colonial Levels: Multi-Level Construction: Wood Frame Other Structures: Outbuilding Basement: Brick/Mortar; Full; Other; Partial; Walk-Out Access Basement Entry: Exterior Only Foundation Materials: Block; Brick/Mortar; Granite; Other Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Hot Water Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Carpet; Hardwood; Laminate Amenities: Storage Patio and Porch Features: Deck Equipment: Internet Access Available Driveway: Gravel Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: ERA Dawson-Bradford Co.
Last Updated: October - 10 - 2025
64 Cedar Street, Bangor, ME 04401- MLS# 1637375
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