This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
12 Wiley Street, Bangor, ME 04401
$345,000
12 Wiley Street, Bangor, ME 04401View this property at 12 Wiley Street, Bangor, ME 04401
12 Wiley StreetBangorME04401
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
ATTENTION INVESTORS- this BANGOR apartment building is a money-making diamond in the rough. Capitalize on the untapped potential of this property by increasing rents (currently below market) and implementing strategic improvements, unlocking a lucrative opportunity in the thriving Bangor rental market. There's 2 two-bedroom units (including one with 2 bathrooms and another that has a rooftop deck), 1 large one bedroom, plus additional bonus space and a coin-op laundry room for added income. This building is enhanced with the recent installation of a metal roof. You and your tenants will appreciate the efficient natural gas heat; and two apartments also have heat pumps for supplemental heating and summer cooling. Tenants will love the location, ideally situated within walking distance to Pancoe Pool, Mansfield Stadium, and the local skate park, as well as easy access to both downtown Bangor and I-95. This property is fully occupied, and 2023 gross rental income was over $50k.
Full Property Details
Full Property Details for 12 Wiley St
General
- Sold For: $345,000
- Taxes: $4,140 (2024)
- Status: Closed
- Type: Multi-Family
- MLS ID: 1581900
- Added to Site: 101 day(s) ago
Interior
- Interior Features: Bathtub
- Flooring: Wood, Vinyl, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Other Rooms
- Laundry: Laundry - 1st Floor, Main Level
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Paved, Off Street
Location
- County: Penobscot
Community
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Radiator, Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Colonial, New Englander, Other Style
- Construction: Other Exterior, Composition, Asbestos, Wood Frame
- Roof: Metal
- Building Size: 3496
- Square Feet: 3,496
- Living Area: 3,496 Sq. Ft.
- Finished Total: 3,496 Sq. Ft.
- Finished Above Grnd: 3,496 Sq. Ft.
- Year Built: 1910
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size Source: Public Records
- Zoning: URD1
- Lot Description: Level, Open Lot, Intown, Near Shopping, Neighborhood
Financial Considerations
- Tax Amount: $4,140
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.4%
- Documents Avail.: Plot Plan Public Access, Deed Public Access, Property Disclosure Public Access, Lead Paint Addendum Public Access
- Lot Number: 7
Listed by EXP Realty (888) 439-8743
Sold by NextHome Experience (207) 573-7400
Get Pre-Approved Today
Schools
Schools serving 12 Wiley St
School District:Bangor School Department
Rating | Name | Grades | Distance |
---|---|---|---|
58 13th St, Bangor, ME 04401 | 4-5 | 0.6 mi | |
Fourteenth Street School
224 14th St, Bangor, ME 04401 | K-3 | 0.6 mi | |
143 5th St, Bangor, ME 04401 | 6-8 | 0.8 mi | |
885 Broadway, Bangor, ME 04401 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12 Wiley St
Date
Details
Price
Change
Source
4/29/2024
Sold
$345,000
2.99%
MLS
2/12/2024
Listed
$335,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12 Wiley Street, Bangor, ME 04401 (MLS# 1581900) is a Multi-Family property that was sold at $345,000 on April 29, 2024. Want to learn more about 12 Wiley Street? Do you have questions about finding other Multi-Family real estate for sale in Bangor? You can browse all Bangor real estate or contact a Coldwell Banker agent to request more information.