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54 & 56 Mount Hope Avenue

Bangor, ME 04401
  • $315,000
  • STATUS: Active
  • MLS #: 1579155
$315,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,189
    SQFT
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

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Description

Investors take notice! Inviting duplex offering two well-appointed 2-bedroom units, centrally located in town. Both units feature off-street parking for convenience, ensuring a hassle-free urban lifestyle. A charming covered porch welcomes you to each unit. Unit 56 Mount Hope has undergone recent renovations, showcasing modern updates and a fresh aesthetic. Meanwhile, Unit 54 Mount Hope, renovated in the past, exudes timeless charm and character. Both units boast a thoughtful layout and offer the luxury of a back deck, providing additional outdoor space for relaxation and entertainment. Notably, Unit 54 is equipped with a heat pump on the first floor, ensuring comfort and energy efficiency. This investment opportunity is enhanced by the current rental rates of $1,775 for Unit 54 and $1,925 for Unit 56, showcasing strong income potential. While Unit 54 has been consistently generating income, Unit 56 has temporarily foregone rental income for 8 months due to renovations, presenting an opportunity for a new owner to capitalize on the upgraded features and increased rental value. Don't miss the chance to own a well-maintained duplex in a prime location, combining modern living with the appeal of a lucrative investment.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-24T23:50:37.867.
www.thenewenglandreco.com/homes/146050445
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54 & 56 Mount Hope Avenue Bangor, ME 04401

  • Price: $315,000
  • Status: Active
  • On Site: Days
  • MLS #: 1579155
0
Beds
2
Baths
0
½ Baths
0.11
Acres
2,189
SQFT
$144
$/SQFT
1930
Built
County:
Penobscot
Area:
Bangor
Property Description
Investors take notice! Inviting duplex offering two well-appointed 2-bedroom units, centrally located in town. Both units feature off-street parking for convenience, ensuring a hassle-free urban lifestyle. A charming covered porch welcomes you to each unit. Unit 56 Mount Hope has undergone recent renovations, showcasing modern updates and a fresh aesthetic. Meanwhile, Unit 54 Mount Hope, renovated in the past, exudes timeless charm and character. Both units boast a thoughtful layout and offer the luxury of a back deck, providing additional outdoor space for relaxation and entertainment. Notably, Unit 54 is equipped with a heat pump on the first floor, ensuring comfort and energy efficiency. This investment opportunity is enhanced by the current rental rates of $1,775 for Unit 54 and $1,925 for Unit 56, showcasing strong income potential. While Unit 54 has been consistently generating income, Unit 56 has temporarily foregone rental income for 8 months due to renovations, presenting an opportunity for a new owner to capitalize on the upgraded features and increased rental value. Don't miss the chance to own a well-maintained duplex in a prime location, combining modern living with the appeal of a lucrative investment.
Exterior Features

Architectural Style DuplexMulti-Level Attached Garage YN No Construction Materials Vinyl SidingWood Frame Foundation Details Concrete Perimeter Garage YN No Lot Features LevelOpen LotIntownNear Shopping Parking 5 - 10 Spaces Parking Features 5 - 10 SpacesPaved Roof Shingle Water View No Waterfront YN No

Interior Features

Above Grade Finished Area 2189 Basement FullInterior EntryUnfinished Below Grade Finished Area 0 Cooling Heat Pump Cooling YN Yes Flooring WoodVinyl Heating Heat PumpForced Air Heating YN Yes Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Gas Bottled YN Yes Gross Income 23706.45 Heat Fuel Electric YN Yes Heat Fuel Oil YN Yes Land Lease YN No Operating Expense 18354 Property Seasonal No Sewer Public Sewer Tax Annual Amount 3803 Tax Year 2023 Utilities Utilities On Water Source Public Zoning 11 Urban Res Dist 1

Maine Real Estate Information Systems logo Listing provided courtesy of NextHome Experience: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-24T23:50:37.867.
 
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