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$500,000
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Property Description
Why settle for ordinary when you can own a property packed with character, possibility and income potential all in one?! This extensively updated property offers exceptional versatility and opportunity in a highly convenient location. The property is well suited for a variety of living arrangements. Offering endless opportunities-whether you're looking to generate continuous rental income, live in one unit while renting the other, or lease both to maximize returns. Each unit provides comfortable living space with its own unique character, making it ideal for investors, multi-generational living or owner occupants seeking financial flexibility. With strong income potential and the freedom to choose how you use it. This is more than just a home-it's a smart investment. Major updates have already been completed, including new roof, updated vinyl siding, freshly paved driveway, and professional interior paint offering piece of mind for years to come. Ideally situated near schools, shopping, restaurants, and everyday amenities, the property also provides, quick access to Bangor's hospitals, local businesses, and the airport, ensuring convenience for work, travel, and daily life. *Additionally, the spacious detached garage can be rented out separately to maximize income potential.
Full Property Details
Full Property Details for 123 Mt Hope Ave
General
- Sold For: $500,000
- Taxes: $7,355 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1635273
- Added to Site: 273 day(s) ago
Interior
- Interior Features: In-Law Apartment, 1st Floor Bedroom, One-Floor Living
- Flooring: Carpet, Ceramic Tile, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Laundry: Laundry - 1st Floor, Main Level
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Parking Features: Storage Above, Auto Door Opener, Paved, Detached, Inside Entrance, 5 - 10 Spaces
Location
- County: Penobscot
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Gas Natural, Oil, Baseboard, Radiant, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Ranch
- Construction: Wood Frame, Vinyl Siding
- Roof: Pitched, Shingle
- Windows: Double Pane Windows
- Building Size: 3830
- Square Feet: 3,830
- Living Area: 3,830 Sq. Ft.
- Finished Total: 3,830 Sq. Ft.
- Finished Above Grnd: 2,453 Sq. Ft.
- Finished Below Grnd: 1,377 Sq. Ft.
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.71
- Lot Size (Sq. Ft.): 30,927.6
- Lot Size Source: Public Records
- Zoning: URD1
- Lot Description: Well Landscaped, Open, Corner Lot, Level, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
Financial Considerations
- Tax Amount: $7,355
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 97 & 139
Listed by NextHome Experience (207) 573-7400
Sold by NextHome Experience (207) 573-7400
Get Pre-Approved Today
Schools
Schools serving 123 Mt Hope Ave
School District:Bangor
| Name | Grades | Distance |
|---|---|---|
Fruit Street School 175 Fruit Street, Bangor, ME 04401 | PK-3 | 0.2 mi |
Mary Snow School 435 Broadway, Bangor, ME 04401 | 4-5 | 0.7 mi |
William S. Cohen School 304 Garland Street, Bangor, ME 04401 | 6-8 | 0.3 mi |
Bangor High School 885 Broadway, Bangor, ME 04401 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 Mt Hope Ave
Date
Details
Price
Change
Source
4/17/2026
Sold
$500,000
-12.13%
MLS
2/02/2026
Price Reduced
$569,000
-5.01%
MLS
12/02/2025
Price Reduced
$599,000
-4.77%
MLS
11/01/2025
Price Reduced
$629,000
-3.08%
MLS
9/29/2025
Price Reduced
$649,000
-13.35%
MLS
9/11/2025
Price Reduced
$749,000
-6.26%
MLS
8/22/2025
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
123 Mount Hope Avenue, Bangor, ME 04401 (MLS# 1635273) is a Multi-Family property that was sold at $500,000 on April 17, 2026. Want to learn more about 123 Mount Hope Avenue? 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.

