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$60,000
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Property Description
Investor Opportunity in Prime Bangor Location - 186 Third St Unlock the potential of this 3-bedroom, 1-bathroom home with incredible value-add possibilities! With a little vision, this property can easily be converted into a 4-bedroom, 1.5-bathroom layout - perfect for increasing rental income or resale value. Plus, enjoy peace of mind knowing a **brand-new roof was added in early January 2025**, saving you on major upfront costs. But the opportunity doesn't stop there - after discussions with the city, it's confirmed that an investor could remove the existing structure and build a single-family home with an ADU (Accessory Dwelling Unit). This opens the door for dual rental income or a flexible multi-generational living space, making it a truly versatile investment. Located just minutes from the Maine Savings Amphitheatre and Bangor's growing downtown area, this property sits in a developing neighborhood with rising demand and excellent long-term potential. Whether you choose to renovate, rebuild, or rent, this is an investment you don't want to miss. Don't wait - opportunities like this are rare in such a prime location!
Full Property Details
Full Property Details for 186 3rd St
General
- Sold For: $60,000
- Taxes: $688 (2024)
- Status: Closed
- Type: Single Family
- Source: MREIS
- MLS ID: 1615212
- Added to Site: 231 day(s) ago
Interior
- Number of Rooms: 6
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: 1 - 4 Spaces, Gravel
Location
- County: Penobscot
Heating & Cooling
- Cooling Type: None
- Heating Type: No Heating System
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Vinyl Siding, Wood Frame
- Roof: Shingle
- Building Size: 1280
- Square Feet: 1,280
- Sq. Ft. Source: Public Records
- Living Area: 1,280 Sq. Ft.
- Finished Total: 1,280 Sq. Ft.
- Finished Above Grnd: 1,280 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Lot Size Source: Public Records
- Zoning: URD-1
- Lot Description: Corner Lot, Intown, Near Turnpike/Interstate
Financial Considerations
- Tax Amount: $688
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 125
Listed by ERA Dawson-Bradford Co. (207) 947-6788
Sold by Non MREIS Agency
Get Pre-Approved Today
Schools
Schools serving 186 3rd St
School District:Bangor
| Name | Grades | Distance |
|---|---|---|
Vine Street School 66 Vine Street, Bangor, ME 04401 | PK-3 | 0.2 mi |
Fairmount School 58 13th Street, Bangor, ME 04401 | 4-5 | 0.7 mi |
James F. Doughty School 143 5th Street, Bangor, ME 04401 | 6-8 | 0.2 mi |
Bangor High School 885 Broadway, Bangor, ME 04401 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 186 3rd St
Date
Details
Price
Change
Source
8/25/2025
Sold
$60,000
—
MLS
6/24/2025
Price Reduced
$60,000
-14.29%
MLS
4/14/2025
Price Reduced
$70,000
-12.5%
MLS
3/17/2025
Price Reduced
$80,000
-5.88%
MLS
3/10/2025
Price Reduced
$85,000
-2.86%
MLS
3/07/2025
Price Reduced
$87,500
-2.78%
MLS
2/28/2025
Listed
$90,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
186 3rd Street, Bangor, ME 04401 (MLS# 1615212) is a Single Family property that was sold at $60,000 on August 25, 2025. Want to learn more about 186 3rd Street? Do you have questions about finding other Single Family real estate for sale in Bangor? You can browse all Bangor real estate or contact a Coldwell Banker agent to request more information.

