Listed By:
NextHome Experience;
Address
103 Grove Street, Bangor, ME
Price
$ 285,000
Property Attributes
  • MLS#1677713
  • TypeMulti-Family
  • Listing Status Active
  • CountyPenobscot
  • CityBangor
  • Zip04401
  • StyleOther
  • Year Built1880
  • Taxes$ 3581
  • Price$ 285,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2525
  • Lot Size0.16 Acres
Data Source:
Maine Listings (MREIS)
Property Description

Welcome to this historic, traditional two-unit property, perfectly situated within Bangor's highly desirable Tree Streets neighborhood. This prime location places you within walking distance of local K-12 schools and just two blocks from the peaceful paths of Chaplin Park. Positioned on a rare, oversized city lot, the property offers an exceptional blend of backyard privacy, a generous driveway, and the space and possibility for a future two-car garage addition. Rich in local history, this circa 1880 home is believed to have been built by renowned carpenter Lloyd Cutler as his personal residence. The interior showcases exquisite craftsmanship, featuring original hardwood floors, detailed woodwork, and elaborate tin ceilings that preserve its timeless character. While celebrating its historic charm, the home provides modern peace of mind with valuable mechanical updates, including a highly efficient, natural gas on-demand boiler system. The property is uniquely designed for a savvy buyer looking for an ideal owner-occupant setup or an income-generating investment. The spacious three-bedroom unit is completely move-in ready, making it the perfect primary residence. Meanwhile, the first-floor in-law studio apartment simply needs your final finishing touches to unlock its full potential as a high-yield rental unit to help offset your mortgage.

General Features

Sewer Public Sewer
Zoning URD-1
Electric Circuit Breakers
Tax Year 2025
County Penobscot
Property Type Multi-Family
HOA false
Status Active
City Bangor
Lot Size Units Acres
Lot Size Square Feet 6969.6
Tax Annual Amount 3581
Standard Status Active
Tax Lot 71
Heating Gas Natural,Baseboard,Direct Vent Furnace
Cooling None
Garage Y/N false
Land Lease Y/N false
Pets Allowed No Restrictions
Roof Pitched,Slate
Architectural Style Other
Construction Materials Wood Frame,Asbestos
Year Built 1880
Attached Garage false
Full Baths 2
Number Of Units Total 2
Energy Efficient 90% Efficient Furnace
Occupancy Type Yes

Interior Features

Total Baths 2
Air Conditioning Y/N false
Heating Y/N true
Basement Interior Entry,Dirt Floor,Slab,Full,Unfinished
Flooring Vinyl,Wood,Ceramic Tile
Above Grade Finished Area 2525
Interior Amenities 1st Floor Bedroom,Attic,In-Law Floorplan
Laundry Features Washer Hookup

Exterior Features

Parking Features Gravel,1 - 4 Spaces,On Site
Lot Features Intown,Near Town,Neighborhood,Level,Sidewalks,Near Public Transit
Water Source Public
Lot Size Area 0.16
Lot Size Acres 0.16
Road Surface Type Paved
Lot Size Source Public Records
Waterfront Y/N false
Building Area Total 2525
Foundation Details Stone,Poured Concrete,Brick/Mortar
Other Equipment Cable,Internet Access Available

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 04401

Statistics provided by Inside Real Estate

Price
AVG $420K
$290K
Taxes
AVG $3,935
$3,581
Year Built
AVG 1898
1880

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