Investment opportunity in the heart of Bangor Borough. 242 to 244 S 1st Street offers both halves of a well maintained two unit property with approximately 2,486 total square feet and a versatile setup that makes it an attractive addition to any rental portfolio. Unit 242 features 3 bedrooms, 1 full bath, a kitchen, living room, dining room, and a finished third floor bonus room offering additional flexible space. Unit 244 includes 3 bedrooms, 1 full bath, separate living and family room areas, a walk in closet, and a mudroom and laundry area off the kitchen. Each residence features its own private entrance, hardwood flooring, access to the covered front porch and rear patio area, and use of the shared yard. The detached two car garage with electric is not currently included with either tenant, creating an additional opportunity for rental income or storage revenue. Ownership has also completed significant capital improvements throughout 2024 and 2025, helping position the property for continued long term ownership while potentially reducing near term maintenance and improvement needs for the next investor. With 2 desirable 3 bedroom units, public water and sewer, separate living spaces, and the added income potential from the detached garage, this property presents a compelling opportunity for both seasoned investors and buyers looking to begin or expand a real estate portfolio.
Listing provided by CENTURY 21 Pinnacle
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