15 Grace Court Bangor, ME 04401
Listing Courtesy of: MLS LogoMAINE LISTINGS - IDX / Listed By: Zachary Arnold, Realty Of Maine / Sue Roberts

  15 Grace Court Bangor, ME 04401

Active
$249,900 (USD)
3
BATH
1,144
SQFT

Description

Unlock substantial value with this versatile 3-unit multi-family property located in the heart of Bangor. Whether you are looking for a savvy owner-occupied residence to offset your mortgage or a turnkey addition to your investment portfolio, this property offers strong economic potential in a high-demand rental market.

Unit Composition:
3 residential units totaling 3 bedrooms and 3 full baths.

The owner chose not to fill 3rd unit for listing, but has had all 3 units filled and had interest in the current unit. At 700 USD per unit, leases are currently below market value and generate roughly ~25000 USD, gross, per year.

Turnkey Portfolio Addition: Benefit from established rental history and the opportunity to optimize the 3rd unit for maximum economic performance.

Expenses for 2025 were 6,787.63 USD (natural gas for heat and hot water for all tenants, the building share of water/sewer/electric, insurance and property taxes)--NOI of over 18000!

Owner-Occupied Advantage: Use the rental income from two units to significantly offset your mortgage while building equity in a competitive Maine market.

MLS #:
1662790
Taxes
$2,669(2025)
Lot Size
3,049 SQFT
Type
Multifamily
Year Built
1900
Style
New Englander, Other
School District
Bangor Public Schools
County
Penobscot County

Listed By

Zachary Arnold, Realty Of Maine Bangor
Sue Roberts, Realty Of Maine Bangor
Source
MAINE LISTINGS - IDX
Last checked Jun 1 2026 at 9:45 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • 1st Floor Bedroom
Lot Information
  • Near Shopping
  • Near Town
  • Shopping Mall
  • Rolling/Sloping
Property Features
  • Foundation: Poured Concrete
  • Foundation: Stone
  • Foundation: Brick/Mortar
Heating and Cooling
  • Hot Water
  • Baseboard
  • Gas Natural
  • None
Basement Information
  • Full
  • Sump Pump
  • Unfinished
  • Interior
Flooring
  • Carpet
  • Vinyl
  • Laminate
  • Linoleum
Exterior Features
  • Roof: Shingle
Utility Information
  • Sewer: Public Sewer
  • Energy: Ceiling Fans, 90% Efficient Furnace
Parking
  • Paved
  • 1 - 4 Spaces
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Listing data is derived in whole or in part from the Maine IDX and is for the consumers personal, noncommercial use only. Dimensions are approximate and are not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved