#1596749, Listing Office: EXP Realty
Property details
About 87 Cumberland St
Spectacular 4-unit multi-family property, ideally located near NL EMMC and St. Joseph's hospitals. This well-maintained building offers high-end rental potential with a mix of furnished and unfurnished units, perfect for Airbnb, traveling nurses, or long-term tenants. A prime investment opportunity with excellent cash flow and strong return potential! Unit 1 (First Floor): Spacious 3 BR, 1 BA with a private laundry room and granite countertops. Unit 2 (Second Floor): 2 BR, 1.5 BA, unfurnished. Units 3 & 4 (Third Floor): Each is a 1 BR, 1 BA unit, fully furnished and move-in ready. Investment Highlights: ✔ High-income potential with a mix of short- and long-term rental options. ✔ Units 1, 3, and 4 are fully furnished—furnishings negotiable. ✔ Shared coin-operated laundry for Units 2, 3, and 4. ✔ Beautiful hardwood floors throughout most of the building. ✔ Two separate natural gas boilers & designated electric meters. ✔ Prime location within walking distance to downtown restaurants, theater, shopping, and both hospitals. A fantastic opportunity to own a turn-key, income-generating property in a thriving rental market! Schedule your showing today! This will not last long on the market!
Highlights
Home typeOther
HeatingRadiant, Hot Water, Baseboard
StatusAccepting Backup Offers
CoolingWall/Window Unit(s)
Size3,996 sqft
BasementYes
Lot size0.11 Acres
Year built1900
Parking5 - 10 Spaces, Paved, Off Street
MLS #1613996
Summary
- MLS Number: 1613996
- MLS Name: Maine Listings
- Office Name: Realty of Maine
- Office Phone: (207) 942-6310
- Office Email: juliesleeper@realtyofmaine.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. 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. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/28/2025, 10:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
87 Cumberland St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $273,200 | $5,068 |
| 2022 | $177,500 | $3,621 |
| 2021 | $156,200 | $3,483 |
| 2019 | $117,800 | $2,709 |
History based on county public records data.
Nearby schools
6
Mary Snow School
Public District 4-5
0.7 mi
•435 Broadway
9
Fruit Street School
Public District PK-3
0.8 mi
•175 Fruit St
6
Fairmount School
Public District 4-5
1.1 mi
•58 13th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,777. Most Bangor, ME residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
61%
<35k
33%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
75%
Single, No Kids
8%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
42%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
UFC
Pro Wrestling
Where do the neighbors shop?
Express/Express For Men
Family Dollar
Burlington
Where do the neighbors go to eat?
Starbucks
Burger King
Cicis Pizza
What do the neighbors drive?
Pontiac
Buick
Infiniti
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Bangor, ME
About 87 Cumberland St
This home is located at 87 Cumberland St in Bangor, ME and zip code 04401. This 3,996 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 5 bathrooms. It is currently priced at $525,000.
From Rocket Homes Real Estate and based on county public records data.