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Offered at $339,000Active
beds
—
baths
3
sq ft
2,661
Built
1880

450 Hammond Street

Bangor, ME 04401

About this home

One property. Two units. Plenty of possibilities. Whether you're looking to add a fully rented Bangor property to your investment portfolio or envision living in one unit while generating rental income from the other, 450 Hammond Street offers flexibility for today and the future. This stately Victorian-era property is currently configured as a two-unit and fully rented, with both units leased to a professional business that manages the units to provide housing for its clients. The first-floor unit features 2 bedrooms, 1 full bath, a kitchen and access to a washer and dryer. A ramp, railings and accessible bathroom add to the flexibility of this level. Upstairs, the spacious second-floor unit offers 3 bedrooms, 2 full baths, a kitchen and its own dedicated laundry room. Classic details give the property plenty of character, including a double-door entry, elegant staircase and hardwood floors in several rooms. A shared parking lot with the neighboring property provides four parking spaces shared between the two properties. And then there's the location. Grocery stores and everyday conveniences are nearby, along with the restaurants, shops and amenities of downtown Bangor. The property is also just a few miles from I-95, Bangor International Airport and Northern Light Eastern Maine Medical Center. For buyers searching for a Bangor multi-unit property, long-term rental investment or an owner-occupied property with rental income potential, 450 Hammond Street offers an opportunity to put your property to work for you.

Listing last checked: Listing updated:

Listed by Listing Agent · ERA Dawson-Bradford Co. · MLS #1682239

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Details at a glance

Interior4 property facts
Heating
Oil, Steam
Cooling
None
Flooring
Carpet, Vinyl, Wood
Fireplaces
0
Building5 property facts
Style
Other
Year built
1880
Garage
0
Foundation
Granite
Roof
Shingle
Land & utilities4 property facts
Lot size
0.36 acres
Water
Public
Sewer
Public Sewer
Zoning
URD1
Financial2 property facts
Annual taxes
$5,759
Assessment year
2027

Location

Estimated monthly cost

Explore costs at the $339,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,194 / monthAdjust
Principal & interest
$1,714
Property tax
$480
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,759. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 450 Hammond Street

Can I request a private showing?

Request a tour of 450 Hammond Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.