186 3rd Street, Bangor, ME 04401 (MLS # 1615212)

PRICE $60,000 BEDS 4 BATHS 1 HOME SIZE 1,280 sqft LOT SIZE 5,663 sqft Request More Info Schedule a Showing

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!