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207-805-3716

16 Walter StreetBangor, ME 04401Price: $259,900

  • Price: $259,900
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 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.
  • $259,900List Price
  • 2Bathrooms
  • 0.09Acreage
  • 1900Year Built
  • 2,008Square Feet
Listed by ERA Dawson-Bradford Co.
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401
16 Walter Street Bangor ME 04401

Listing Tools

This premier multi-unit property offers a strategic blend of stable cash flow and significant value-add potential in the heart of Bangor. The upper level features a reliable, long-term tenant with an exemplary history, while the recently renovated lower level, requiring only minor finishing touches, is perfect for immediate owner-occupancy or a premium rental. Investors will benefit from day-one equity growth as current rents are well below market value and already feature approval for Section 8 increases. Beyond the interior's potential for forced appreciation, the property is situated directly on the natural gas line; converting the current oil-fired boiler to natural gas allows a free hookup from Bangor Gas, drastically reducing overhead and maximizing monthly margins. Unrivaled in convenience, this asset is within walking distance of the Waterfront, the Cross Center, and downtown dining, while sitting on a major bus route. Do not miss this chance to secure a high-performance asset in an optimal location.

Property Details of 16 Walter Street

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Map Location

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial 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

King + Miller Real Estate 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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