15 Grace CourtBangor, ME 04401Price: $249,900

  • Price: $249,900
  • Est. Mortgage of $/month
  • 26 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $249,900List Price
  • 3Bathrooms
  • 1,144Square Feet
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.
Listed by Zachary Arnold of Realty of Maine

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More Info

Tax Information

  • Parcel Number BANG-000030-000000-000038
  • Taxes$2,669

Location

  • Address15 Grace Court
  • Building Number15
  • CountyPenobscot
  • StateME
  • StreetGrace Court
  • TownBangor
  • Zip04401

Interior

  • Furnished Unfurnished
  • Interior Features 1st Floor Bedroom

Utilities

  • Electric On Site, Circuit Breakers
  • Heat SystemGas Natural, Baseboard, Hot Water
  • Heating YN Yes
  • Waste Water DisposalPublic Sewer

Other

  • Date Listed05/19/2026
  • Equipment Internet Access Available
  • Green Energy Efficient 90% Efficient Furnace, Ceiling Fans
  • Unit 1 Full Baths 1
  • Unit 1 Level First
  • Unit 1 Monthly Rent $700
  • Unit 1 Rooms 3
  • Unit 2 Full Baths 1
  • Unit 2 Lease Yes
  • Unit 2 Level Second
  • Unit 2 Monthly Rent $700
  • Unit 2 Rooms 3
  • Unit 3 Full Baths 1
  • Unit 3 Lease Yes
  • Unit 3 Level Third
  • Unit 3 Monthly Rent $700
  • Unit 3 Rooms 3

School Information

  • High School DistrictBangor Public Schools

Basic Information

  • List Price$249,900
  • LocationTypeNear Shopping, Near Town, Shopping Mall
  • MLS Number1662790
  • Property TypeMulti-Family
  • StatusACT

Property

  • Road Surface Type Paved
  • Sign On Property YN Yes

Exterior

  • RoofShingle

Property Information

  • Acreage0.07
  • Lot Features Near Town, Rolling Slope
  • Square Feet1,144

Water Body

  • Water AccessPublic

Parking

  • Parking Features Paved,1 - 4 Spaces

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Full Bath3

Building

  • BasementInterior Entry, Full, Sump Pump, Unfinished
  • Flooring Carpet, Laminate, Vinyl, Linoleum
  • Patio And Porch Features Deck, Porch
  • Property StyleNew Englander, Other
  • Units3
  • Year Built1900

Amenities

  • Accessibility Amenities32 - 36 Inch Doors
  • Amenities1st Floor Bedroom
  • Other AmenitiesBasement

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

46 Casco Rd, Brunswick - Portside Luxury Home participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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