372 Old County RD Hampden, ME 04444
4 Baths
2,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $208
MLS Listing ID 1667547
Full Baths 4
HOA Y/N No
Year Built 1930
Tax Year 2025
Lot Size 0.400 Acres
Acres 0.4
Source Maine Listings
Land Area 2400
Property Description
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.
Location
State ME
County Penobscot
Zoning RES/COM
Direction Old Country Road #372
Rooms
Basement Not Applicable, Slab
Interior
Interior Features 1st Floor Bedroom
Heating Gas Natural, Heat Pump, Radiant
Cooling Heat Pump
Flooring Concrete
Furnishings Unfurnished
Fireplace No
Window Features Double Pane Windows
Laundry Main Level, Laundry - Coin
Exterior
Parking Features Paved, 5 - 10 Spaces, On Site, Off Street
Utilities Available Utilities On
Roof Type Flat,Membrane
Garage No
Garage No
Building
Lot Description Near Shopping, Near Town, Other, Level, Open Lot
Story 1
Foundation Poured Concrete, Slab
Water Public
Architectural Style Contemporary, Ranch
Level or Stories 1
Schools
School District Rsu 22
Others
Tax ID HAMN-000020-000000-000009
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