Very well maintained rental property conveniently located near the downtown area. All apartments are fully applianced and two of the apartments are completely furnished and have been used as 'airbnb' rentals units with a good online presence. The 3rd apt has 3 bedrooms with solid rental history. apt #2 could be a 2 bedroom. All apartments could be used as long term rentals with leases. Your choice. Plenty of on site parking, and there is a washer and dryer in a common area. Natural gas hot water boiler provides very efficient heating. Currently all utilities for apartments are being paid by landlord.
Multi-familyProperty Type
1900Year Built
5,227 sq ftLot Size
$140Price/Sq.Ft.
5 spacesParking
Listed by H David Lunn• Berkshire Hathaway HomeServices Northeast Real Estate
Fantastic opportunity to make money. Two of the three units are fully furnished & outfitted with everything necessary for short-term or long-term stays. The owner has been using one unit for short-term stays May-October & renting it to travelling professionals for longer stays in the off season. The other unit has been rented to travelling professionals for anywhere from a month to nine months. Bookings are easily managed through Airbnb & HomeAway, have maintained high occupancy levels & both units have strong ratings. Rental history is readily available. The Proforma Income for FY18 is conservatively $44,000 with NOI of $32,000. Excellent potential to increase income with very little extra work. Meticulously updated with newer appliances & furniture. New washer and dryer in a common area for all to use. Updated kitchens and baths with recent interior paint. Beautiful hardwood flooring. Gross income for 2017 was $38,055 with expenses of $12,856 for a total net income of $25,199.
Year
Property tax
Land + Additions
Assessment*
2024
$3,729 (+6.3%)
$14,200 + $186,800
$201,000
2023
$3,508 (+10.4%)
$14,200 + $169,000
$183,200
2022
$3,178 (+0.3%)
$14,200 + $141,600
$155,800
2021
$3,169 (+5.9%)
$13,100 + $129,000
$142,100
2020
$2,993 (+5.6%)
$12,500 + $116,500
$129,000
2019
$2,834 (+9.3%)
$12,500 + $110,700
$123,200
2018
$2,593 (+11.4%)
$12,200 + $100,800
$113,000
2017
$2,327 (−0.4%)
$11,100 + $92,100
$103,200
2016
$2,336 (+2.5%)
$11,100 + $92,700
$103,800
2015
$2,278 (+2.1%)
$11,100 + $92,700
$103,800
2014
$2,232
$11,100 + $91,300
$102,400
Tax history for 41 Third St
Year
Property tax
Land + Additions
Assessment*
2024
$3,729 (+6.3%)
$14,200 + $186,800
$201,000
2023
$3,508 (+10.4%)
$14,200 + $169,000
$183,200
2022
$3,178 (+0.3%)
$14,200 + $141,600
$155,800
2021
$3,169 (+5.9%)
$13,100 + $129,000
$142,100
2020
$2,993 (+5.6%)
$12,500 + $116,500
$129,000
2019
$2,834 (+9.3%)
$12,500 + $110,700
$123,200
2018
$2,593 (+11.4%)
$12,200 + $100,800
$113,000
2017
$2,327 (−0.4%)
$11,100 + $92,100
$103,200
2016
$2,336 (+2.5%)
$11,100 + $92,700
$103,800
2015
$2,278 (+2.1%)
$11,100 + $92,700
$103,800
2014
$2,232
$11,100 + $91,300
$102,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
2,505
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Penobscot County
APN
286841
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
URD-2
Urban Residence 2 District
The Urban Residence 2 District is established to stabilize and protect the essential characteristics of certain traditional residential areas which are substantially developed with one-family to four-family detached dwellings and to promote and encourage a suitable environment for family life. Development in this district is intended to be limited primarily to the existing low- to medium-density residential use.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking Information
Parking Features: 5 - 10 Spaces, Paved, Off Street
Interior
Bathroom Information
# of Baths (Full): 3
Basement Information
Basement Entry: Interior, Full, Unfinished
Interior Features
Furnished: Furnished
Flooring: Wood, Vinyl
Laundry Information
Laundry Features: Coin Laundry
Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 2
# of 3 Bedroom Units: 1
Operating Expense: $12,487
Gross Income: $39,852
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $900
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 3
Actual Rent: $1,500
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 1
Actual Rent: $750
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: No
Exterior
Building Information
Construction Materials: Aluminum Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Total Building Area (Sq. Ft.): 2,000
Exterior Features
Patio & Porch Features: Porch
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 2,000
Lot Information
Lot Size (Sq. Ft.): $5,227.20
Lot Size (Acres): 0.12
Lot Size Source: Public Records
Lot Features: Well Landscaped, Sidewalks, Intown, Neighborhood
Road Surface Type: Paved
Zoning: residential
Financial
Tax Information
Annual Tax Amount: $2,913
Tax Year: 2020
Utilities
Utility Information
Has Heating
Heating: Zoned, Hot Water, Baseboard
Has Cooling
Cooling: Wall/Window Unit(s)
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System
Location
Location Information
Unparsed Address: 41 Third Street, Bangor, ME 04401
Directions: Off Union St
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,505
Stories: 2.0
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Penobscot County
APN: 286841
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Vine Street School
Public PreK-3 • Assigned • 0.5mi
8/10
James F. Doughty School
Public 6-8 • Assigned • 0.3mi
6/10
Bangor High School
Public 9-12 • Assigned • 2.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Bangor, ME • 04401
Average low and high temperatures (°F)
27
10
30
8
42
24
52
35
65
45
76
54
82
60
81
54
73
49
61
40
46
32
32
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.5 hours in
June and 2.9 hours in December, placing it below the
U.S. average for solar exposure.
7.5 hrs
2.9 hrs
JuneDecember
Provided by Shadowmap
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