For Sale

Listed by Jason Edwards

Source: Maine Real Estate Information System, Inc. #1606822

176 Court St, Bangor, ME, 04401

$459,000

4
2266 sq. ft.
6098.4 sq. ft.

Other

•

30+ days on the market

What's around 176 Court St

About this property

Discover the potential of 176 Court Street, Bangor, ME 04401, a meticulously maintained 3-4 unit residential property situated in the heart of Bangor. Ideal for investors seeking stable income, this property features a mix of units ranging from 1-bedroom to 2-bedrooms, all leased to reliable tenants, including one who has resided for over 15 years. This investment stands out with its substantial Net Operating Income due to remarkably low operating expenses, ensuring profitable margins. Each unit offers comfortable living spaces with modern amenities and consistent updates to meet tenant needs, making it a turnkey operation for the new owner. Located in a prime area close to shops, schools, and public transportation, the building enjoys steady demand. Financially, the property generates $58, 800 annually with an attractive 8% cap rate. This is a compelling opportunity for those looking to expand their portfolio or enter the market with a dependable, income-producing asset.

Looking for more information on 176 Court St?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$60,000
4 N Street
Bangor ME 04401
2
2
Other
Listing courtesy of NextHome Experience
For Sale
$175,400
19 E St
Bangor ME 04401
3
2
Other
Listing courtesy of Realty of Maine - Bangor
Contingent
$159,900
20 Spruce Lane
Penobscot County ME 04401
3
1
Other
Listing courtesy of Realty of Maine - Bangor

Other properties for sale by eXp Realty, LLC (E - TR14 - Maine)

For Sale
$599,900
380 Cedar Lake Road
Millinocket ME 04462
2
2
1
Single-Family
Listing courtesy of eXp Realty, LLC (E - TR14 - Maine)
Pending
$85,000
57 Nutting Lane
Kennebec County ME 04350
Land
Listing courtesy of eXp Realty, LLC (E - TR14 - Maine)
For Sale
$160,000
123 Park Street
Livermore Falls ME 04254
3
1
Single-Family
Listing courtesy of eXp Realty, LLC (E - TR14 - Maine)

Browse properties sold in nearby areas

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

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent