Bangor

Investor Opportunity in Prime Bangor Location - 186 Third St

Unlock the potential of this 3-bedroom, 1-bathroom home with incredible value-add possibilities! With a little vision, this property can easily be converted into a 4-bedroom, 1.5-bathroom layout — perfect for increasing rental income or resale value. Plus, enjoy peace of mind knowing a **brand-new roof was added in early January 2025**, saving you on major upfront costs.  

But the opportunity doesn't stop there — after discussions with the city, it's confirmed that an investor could remove the existing structure and build a single-family home with an ADU (Accessory Dwelling Unit). This opens the door for dual rental income or a flexible multi-generational living space, making it a truly versatile investment.  

Located just minutes from the Maine Savings Amphitheatre and Bangor's growing downtown area, this property sits in a developing neighborhood with rising demand and excellent long-term potential. Whether you choose to renovate, rebuild, or rent, this is an investment you don't want to miss.  

Don't wait — opportunities like this are rare in such a prime location!

Maine Real Estate Information System, Inc.

ERA Dawson Bradford Co., Realtors

ERA Dawson-Bradford Co.

SINGLE_FAMILY_RESIDENCE

RESIDENTIAL

ACTIVE

Maine

Single Family Residence - Bangor, ME

OTHER

James F. Doughty School

GENERAL_MIDDLE_SCHOOL

Vine Street School

GENERAL_ELEMENTARY_SCHOOL

Fairmount School

Fourteenth Street School

Abraham Lincoln School

Mary Snow School

Fruit Street School

William S. Cohen School

Bangor High School

GENERAL_HIGH_SCHOOL

United Technologies Center - Region 4

186 3rd St Bangor, ME 04401

Unlock Photos, Data & Manage this property.

Snapshot

Nearby Schools