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$499,900

For Sale

4 days ago

372 Old County Rd, Hampden, ME

House

MLS® 1667547

0 Bed

4 Bath

2400 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2400 sqft
Garage 
Taxes $2,258
Days Active 4
Lot Size 0.4 Acres
Approx. Age 1930
Avg. Price Per Sqft $208
MLS® Number 1667547

Property Address: 372 Old County Rd, Hampden, ME, 04444-1912

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to own a completely transformed income-producing property just minutes from Bangor's vibrant Waterfront Concerts and Hollywood Casino. Formerly an industrial building, this property has been meticulously converted into an upscale, single-level three-unit apartment complex with virtually every major component replaced or upgraded. The extensive renovation includes all new radiant heating, natural gas boiler, plumbing, electrical systems, sewer line, roof, siding, windows, kitchens bath and much more, creating a low-maintenance, simple turnkey investment for years to come without headaches. The thoughtfully designed units offer modern finishes, efficient layouts, and strong tenant appeal. The property consists of: One 1-bedroom unit renting for $950/month One 1-bedroom unit renting for $1, 100/month One spacious 2-bedroom, 2-bath unit with in-unit laundry renting for $1, 575/month Additional income potential is generated through the on-site coin-operated laundry facility. Tenants pay their own electricity, helping keep operating expenses low. Natural gas runs at a very low cost, averaging around $1, 000 a winter and each unit is equipped with its own heat pump! Located just a short distance from Bangor's popular waterfront concerts, restaurants, breweries, and entertainment venues, this property presents excellent potential for continued long-term rental income or future short-term rental/Airbnb opportunities (subject to local regulations). Whether you're an investor seeking strong cash flow, a portfolio addition with significant capital improvements already completed, or someone looking for a unique property with versatile income potential.
MLS® Number1667547
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
BasementNot Applicable, Slab
Driveway
Garage Spaces
HeatGas Natural, Heat Pump, Radiant
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 17, 2026List Date
$499,900List Price
  • Commute

Commute

Starting Address
Destination Address
372 Old County Rd, Hampden, ME

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