Property Description

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.

Property Features