Price Reduced 25.03%


Price History

$799,000
8/22/2025

$749,000
9/11/2025

$649,000
9/29/2025

$629,000
11/1/2025

$599,000
12/2/2025


123 Mount Hope Avenue, Bangor, ME, 04401

123 Mount Hope Avenue, Bangor, ME, 04401

2 Full / 2 Half baths

1954

Ranch

3,830 sqft

Why settle for ordinary when you can own a property packed with character, possibility and income potential all in one?! This extensively updated property offers exceptional versatility and opportunity in a highly convenient location. The property is well suited for a variety of living arrangements. Offering endless opportunities-whether you're looking to generate continuous rental income, live in one unit while renting the other, or lease both to maximize returns. Each unit provides comfortable living space with its own unique character, making it ideal for investors, multi-generational living or owner occupants seeking financial flexibility. With strong income potential and the freedom to choose how you use it. This is more than just a home-it's a smart investment. Major updates have already been completed, including new roof, updated vinyl siding, freshly paved driveway, and professional interior paint offering piece of mind for years to come. Ideally situated near schools, shopping, restaurants, and everyday amenities, the property also provides, quick access to Bangor's hospitals, local businesses, and the airport, ensuring convenience for work, travel, and daily life. *Additionally, the spacious detached garage can be rented out separately to maximize income potential.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Laundry - 1st Floor, Main Level

Units:

2

Zoning:

URD1

Garage:

4-car

Heating:

Zoned, Radiant, Baseboard

Cooling:

Wall Unit(s)

Basement:

Interior, Finished, Full

Parking:

Storage Above, Auto Door Opener, 5 - 10 Spaces, Paved, Detached, Inside Entrance

Acreage:

0.71

Est. Taxes:

$7,355

Construction

Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Well Landscaped, Open, Corner Lot, Level, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit

Amenities:

In-Law Apartment, 1st Floor Bedroom, One-Floor Living

MLS #:

1635273


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of NextHome Experience