57 Elm St

Bangor ME 04401

2688 sq. ft.

4791.6 sq. ft.

Multi-Family

Last sold for $318,000

Lisa Caron, last sold this property on 15 June 2026 after -79 days on market.

Overview

Well-maintained 1900 duplex in a convenient Bangor location offering flexibility for owner occupancy or investment. The front unit features 3-4 bedrooms and 1 full bath and is currently unoccupied, allowing for owner occupancy or the ability to establish new rental terms. The rear unit offers 2 bedrooms and 1 full bath and is occupied under a month-to-month lease. After purchase in July 2021, the hot water systems were separated so each unit now has its own independent hot water supply including a newer heat pump hot water heater added to one of the units providing the individual hot water service. Additional improvements completed since purchase include replacement of the sewer line from the house to the city main connection, along with any associated plumbing updates required at that time. Utilities were also completely separated for each apt, meaning the natural gas and electric meters were separated so each unit has its own heating system and electric service. Smart thermostats were added, along with updated wiring and 24-volt transformers in each apartment. Further updates include new refrigerators and washer/dryer sets in both units, a new electric range in one unit, new laminate flooring, and new carpeting on the stairway to the second level in the smaller unit. The driveway has been resurfaced with crushed gravel. Located near hospitals, downtown, shopping, parks, and many local amenities. public transportation available within one block. This move-in-ready duplex offers a strong rental history, excellent positive cash flow potential, and an exceptional opportunity for owner occupancy or continued investment use in Bangor.

Features

2 bathrooms

2688 sq. ft. floor area

4791.6 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Bangor over the last 12 months, the estimated median property value of 57 Elm St is $309k.

Median value

$309k

Estimated value range

$170k - $1.02m

Median days on market

Estimated value trend

13%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Bangor. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 57 Elm St

2026

Sold

$318,000

15 Jun 2026 by Lisa Caron, of NextHome Experience

2019

Sold

$203,125

04 Sep 2019 by Mike Ireland, of Jack Walker Realtor?

Happy sellers in Bangor

We have insufficient information to provide an overview of customer satisfaction for Bangor. Viewing the agent profiles, reviews and sales for Bangor can provide insights for this location.