186 3rd StreetBangor, ME 04401
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!
- Property Type:
Residential
- Architectural Style:
Other Style
- Bedrooms:
4
- Bathrooms:
1
- Dwelling Size:
1,280 SqFt
- Lot Size:
0.13 Acres
- Lot Description:
- Stories:
- Year Built:
1900
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces: 0
Features: 1 - 4 Spaces, Gravel
- Area:
- Views:
- Schools:
- HOA:
- Senior Community:
- Heating:
No Heat System
- Cooling:
None
- Appliances:
- Fireplace:
Fireplace(s): 0
Features:
- Accessibility:
- Security Features:
- Foundation:
- Roof:
Shingle