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$525,000

  • Sold
  • Closed
  • Townhouse
  • 4 Full Baths
  • 1 Partial Bath
  • 3,996 Sq. Ft.
  • 0.11 Acres
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Spectacular 4-unit multi-family property, ideally located near NL EMMC and St. Joseph's hospitals. This well-maintained building offers high-end rental potential with a mix of furnished and unfurnished units, perfect for Airbnb, traveling nurses, or long-term tenants. A prime investment opportunity with excellent cash flow and strong return potential! Unit 1 (First Floor): Spacious 3 BR, 1 BA with a private laundry room and granite countertops. Unit 2 (Second Floor): 2 BR, 1.5 BA, unfurnished. Units 3 & 4 (Third Floor): Each is a 1 BR, 1 BA unit, fully furnished and move-in ready. Investment Highlights: ✔ High-income potential with a mix of short- and long-term rental options. ✔ Units 1, 3, and 4 are fully furnished-furnishings negotiable. ✔ Shared coin-operated laundry for Units 2, 3, and 4. ✔ Beautiful hardwood floors throughout most of the building. ✔ Two separate natural gas boilers & designated electric meters. ✔ Prime location within walking distance to downtown restaurants, theater, shopping, and both hospitals. A fantastic opportunity to own a turn-key, income-generating property in a thriving rental market! Schedule your showing today! This will not last long on the market!

Full Property Details for 87 Cumberland St

General

  • Sold For: $525,000
  • Taxes: $5,068 (2024)
  • Status: Closed
  • Type: Townhouse
  • Source: MREIS
  • MLS ID: 1613996
  • Added to Site: 348 day(s) ago

Interior

  • Interior Features: Furniture Included, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
  • Fireplace: Yes
  • Number of Fireplaces: 3
  • Flooring: Wood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Other Rooms

  • Laundry: Laundry - 1st Floor, Upper Level, Main Level, Laundry - Coin

Additional Information

  • Equipment: Internet Access Available

Parking

  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Location

  • County: Penobscot

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Air Conditioning Units
  • Heating Type: Radiator, Hot Water, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Utilities On

Structural Information

  • Architectural Style: Multilevel, Other Style, Townhouse
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Flat, Other
  • Stories/Levels: 3
  • Building Size: 3996
  • Square Feet: 3,996
  • Living Area: 3,996 Sq. Ft.
  • Finished Total: 3,996 Sq. Ft.
  • Finished Above Grnd: 3,996 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791.6
  • Lot Size Source: Public Records
  • Zoning: URD-2
  • Lot Description: Level, Open Lot, Sidewalks, Landscaped, Interior Lot, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit

Green Features

  • Energy Efficient: Double Pane Windows

Financial Considerations

  • Tax Amount: $5,068
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: None
  • Lot Number: 130

Listed by Realty of Maine (207) 942-6310
Sold by Realty of Maine (207) 667-2300

Listing agents

— 87 Cumberland St —

  • Realty of Maine

    207-942-6310

  • Realty of Maine

    207-942-6310

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 87 Cumberland St

School District:Bangor
NameGradesDistance
Abraham Lincoln School
45 Forest Avenue, Bangor, ME 04401
PK-30.4 mi
Mary Snow School
435 Broadway, Bangor, ME 04401
4-50.7 mi
William S. Cohen School
304 Garland Street, Bangor, ME 04401
6-80.7 mi
Bangor High School
885 Broadway, Bangor, ME 04401
9-121.8 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 87 Cumberland St

Date
Details
Price
Change
Source
3/21/2025
Sold
$525,000
—
MLS
2/06/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Realty of Maine (207) 942-6310
Sold by Realty of Maine (207) 667-2300

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87 Cumberland Street, Bangor, ME 04401 (MLS# 1613996) is a Townhouse property that was sold at $525,000 on March 21, 2025. Want to learn more about 87 Cumberland Street? Do you have questions about finding other Townhouse real estate for sale in Bangor? You can browse all Bangor real estate or contact a Coldwell Banker agent to request more information.