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40 2nd StreetBangor, ME 04401Price: $549,999

  • Price: $549,999
  • 172 Days on Market
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Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $549,999List Price
  • 0.12Acreage
  • 3,852Square Feet

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Listed by Adam King of CENTURY 21 Queen City Real Estate
For the right operator, this is a real opportunity. 40 2nd Street is a fully operational 9-room boarding house with 2 private efficiencies in Bangor -- an established income property with history, structure, and annual inspections in place. Three furnished rooms per floor (9 total) with shared kitchen and bath access. Two efficiencies with private baths and kitchenettes. Furnishings convey. Month-to-month tenancy model offers flexibility while maintaining consistent occupancy. This property has a system. It requires engagement. And in return, it performs. Located near downtown, hospitals, public transportation, and major commuter routes -- a corridor that has supported this use for years. Financials available in MLS documents. Seller financing may be considered with 25% down; terms negotiable. For the investor who understands this asset class, 40 2nd isn't complicated -- it's calculated.

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Michael Travis | Real Estate Advisor | www.WaterfrontAgent.com participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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