176 Court St, Bangor, ME, 04401

$459,000

Home List Price

$5,451*

Closing Credit

4 Full Baths
2,266 SqFt
House

Location

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176 Court St, Bangor$459,000

Buyer Closing Credits

$5,451*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Parking1 - 4 Spaces, Gravel, On Site, Off Street
Year Built1900
HeatingRadiant, Hot Water
CoolingNone
BasementYes
MLS #1606822
Lot Size0.14 Acres
StatusActive

About 176 Court St

Discover the potential of 176 Court Street, Bangor, ME 04401, a meticulously maintained 3-4 unit residential property situated in the heart of Bangor. Ideal for investors seeking stable income, this property features a mix of units ranging from 1-bedroom to 2-bedrooms, all leased to reliable tenants, including one who has resided for over 15 years. This investment stands out with its substantial Net Operating Income due to remarkably low operating expenses, ensuring profitable margins. Each unit offers comfortable living spaces with modern amenities and consistent updates to meet tenant needs, making it a turnkey operation for the new owner. Located in a prime area close to shops, schools, and public transportation, the building enjoys steady demand. Financially, the property generates $58,800 annually with an attractive 8% cap rate. This is a compelling opportunity for those looking to expand their portfolio or enter the market with a dependable, income-producing asset.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape
  • Year Built: 1900
  • Living Area: 2,266 SqFt

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 439-8743

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: 1 - 4 Spaces, Gravel, On Site, Off Street

Virtual/3D Tour

  • Virtual Tour: 176 Court St
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Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Sidewalk
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Radiant, Hot Water
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $459,000

Tax Information:

  • Annual Amount: $2,533
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Maine Listings
  • MLS Number: #1606822

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 439-8743

IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,533$109,200
2019$2,415$105,000
2017$2,456$108,900

History based on county public records data.

Payment Calculator

$2,358

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,443

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-847227
5
/10

  • Fairmount School

  • 58 13th St

  • 0.59 miles

  • Public District Grades 4-5

school-card-donut-847228
2
/10

  • Abraham Lincoln School

  • 45 Forest Ave

  • 0.86 miles

  • Public District Grades PK-3

school-card-donut-847229
5
/10

  • Mary Snow School

  • 435 Broadway

  • 0.90 miles

  • Public District Grades 4-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Living In Bangor, ME

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Bangor, ME?

Bangor's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles range from charming historic colonials to contemporary ranches, reflecting the city's rich history and modern growth. The housing landscape is predominantly composed of single-family homes, with a mix of apartments and townhouses accommodating various living preferences. The homeownership rate in Bangor is robust, with a majority of residents owning their homes, while a proportionate segment of the population opts for renting.

Is Bangor, ME a good place to live?

Bangor prides itself on a vibrant community spirit and a rich cultural scene. The city is celebrated for its annual events, such as the Bangor State Fair and the American Folk Festival, which showcase the area's commitment to arts, entertainment, and community engagement. The character of Bangor is further defined by its scenic waterfront, historic downtown area, and the presence of various parks and recreational spaces that contribute to a family-friendly atmosphere.

Are things conveniently located in Bangor, ME?

The community is served by a comprehensive educational system, including a number of public and private schools that cater to a range of educational needs. Bangor is home to several healthcare facilities, offering services from primary care to specialized medical treatments. The city's public library system is a valuable resource for residents, and the retail and dining landscape reflects the local culture, with a blend of independent shops and restaurants alongside familiar chains. City initiatives are in place to continually improve these services, adapting to the evolving needs of the population.

What does the transportation in Bangor, ME look like?

Bangor's transportation infrastructure supports both private and public transit options, with a bus system providing connectivity within the city and to surrounding areas. The community's walkability varies by neighborhood, with the downtown area being particularly pedestrian-friendly. A network of roads and highways, including the I-95 corridor, facilitates commuting and travel to and from Bangor. The city is also served by Bangor International Airport, enhancing its accessibility for longer-distance travel. While specific ride-sharing services are available, they complement the existing transportation options, offering residents and visitors an additional mode of travel.

Frequently Asked Questions About 176 Court St

What is the listing price of this property?

The listing price of 176 Court St property is $459,000.

What type of property is this?

The property 176 Court St is a house located in Bangor, Maine, 04401.

Is this property for sale now?

Active Listing: 176 Court St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,533 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 176 Court St has 4 bathrooms..

What is the square footage of this property?

The property 176 Court St is 2,266 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 176 Court St is 1900.

Rocket Homes›Maine›Penobscot County›Bangor›04401›176 Court St

This home is located at 176 Court St in Bangor, ME and zip code 04401. This 2,266 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since January 01, 1970 and is currently priced at $459,000.

From Rocket Homes Real Estate and based on county public records data.

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