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54-56 Third Street, Bangor, ME 04401

$459,000
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Pending
BATHS2 full SQUARE FEET2,364 MLS#1591648
STATUSPending PROPERTY TYPEMulti Unit - Multiple SCHOOLPenobscot Public Schools

Property Description

Amazing Investment Opportunity! This completely gut renovated duplex features two 2-bedroom/1 bath units. The property received a major high end renovation in 2020 down to the studs. These pristine units have brand new solid oak flooring throughout, granite countertops and stainless steel appliances, tile bathrooms with custom glass showers and 2nd floor laundry. The original trim was carefully removed and refinished to perfection before being reinstalled. Each unit features a single car garage on the lower level with basement access through mudroom and storage area. This beautiful building has brand new plumbing, heating and electrical throughout. Utilities are separately metered for each unit. Each unit features its own high efficiency natural gas boiler with baseboard heat along with new windows, doors, insulation and newer roof. Properties share a large driveway which was paved at time of renovations. Units rent at high rates to high end professionals with tenants paying all their own utilities.

54-56 Third Street | MLS# 1591648

This multi-family property located at 54-56 Third Street, Bangor, ME 04401 is currently listed for sale with an asking price of $459,000. 54-56 Third Street is located within the Penobscot Public Schools school district. Search Bangor real estate on thelespriestteam.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Not Applicable
Garage: 2 car attached
Heating: Baseboard, Hot Water, Radiant
Home Style: Other
Lot Size: 0.09 Acres
Roof Type: Shingle
Taxes: $4,394
Year Built: 1920

Feature Descriptions

Electric: Circuit Breakers
Flooring: Tile, Wood
Sewer: Public Sewer
SQ FT Above Grade: 2364
SQ FT Below Grade: 0
Water: Public

Local Schools

School District: Penobscot Public Schools

Listed By / Shown By

Listed By

Agency Name: List With Freedom.com
Agency Contact: 855-456-4945
Agent Name: Ralph Harvey

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Estimated Payment

$ 1,521.58 per month $1,021.54 Principal & Interest $366.17 Property Tax $133.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/26/2026. The listing information on this page last changed on 04/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/26/2026 12:41:21 AM EST) or MLSPIN MLS (last updated Sat 04/25/2026 11:38:29 PM EST) or Prime MLS (last updated Sat 04/25/2026 11:33:15 PM EST) or MREIS (last updated Sun 04/26/2026 12:35:18 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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