c.1925 Maine Fixer Upper For Sale $110K

Located in a desirable Bangor setting, this Craftsman-style home offers a rare opportunity for renovation and restoration. Featuring beautiful fireplaces and classic architectural details, the property is ready for a new vision to bring it back to life.  Being sold strictly as-is, this property is best suited for investors, contractors, or buyers seeking a full renovation project. With its character, layout, and potential, this is an opportunity to restore a classic home and create something truly special.

• 3bed
• 1.5bath
• 1,506sqft
• 0.27acre lot
• Circa 1925

More Maine Properties

The Pros

• Relative Real Estate Affordability: Compared to the skyrocketing housing costs in southern Maine cities like Portland—or New England as a whole—Bangor remains accessible. The median home sale price hovers around $270,000 to $285,000. It offers an attainable entry point for buyers looking for historic Victorian homes, charming “Tree Street” neighborhoods, or acreage just outside the city limits.

   

• Regional Hub for Healthcare and Amenities: Because Bangor is the largest city for miles in any direction, it punches far above its weight class for services. It houses Northern Light Eastern Maine Medical Center (a major regional hospital) and boasts a vibrant, walkable downtown filled with local breweries, bakeries, and boutiques. It also features the Cross Insurance Center for major concerts and events, plus Bangor International Airport (BGR) right in town.

   

• Outdoor Recreation Gateway: If you love nature, Bangor’s location is hard to beat. You are roughly an hour’s drive from Acadia National Park and the stunning Maine coastline, and equally close to inland lakes, rivers, and the wilderness surrounding Mount Katahdin. Even within city limits, the 680-acre Bangor City Forest offers miles of pristine trails for hiking, trail running, and cross-country skiing.

• Low Congestion and Easy Commutes: Traffic is virtually non-existent compared to major metropolitan areas. The average daily commute is under 15 minutes, meaning you spend less time behind the wheel and more time enjoying your day.

   

• A Hub for Higher Education: Positioned right next door to Orono—home to the University of Maine’s flagship campus—and housing Husson University within its own borders, Bangor benefits from a steady influx of student energy, college sports, educational infrastructure, and research opportunities.

The Cons

• Challenging, Long Winters: Bangor’s inland location means it gets hit with harsher, colder winters than coastal Maine towns. The area averages nearly 70 inches of snowfall annually. Temperatures frequently drop below zero, and the winter season stretches from November well into April, requiring a serious investment in snow removal equipment, winter tires, and home insulation.

   

• High Utility and Energy Costs: Heating a home through a grueling Maine winter can be incredibly expensive.Many older homes in Bangor rely on heating oil, which is subject to volatile market pricing. Electricity and utility rates across Maine also trend higher than the national average.

   

• Elevated Tax Burdens: Maine has some of the highest property and state income tax rates in the country. Bangor’s local property taxes, combined with a state income tax bracket that tops out over 7%, can eat into the financial savings of the area’s lower housing costs.

   

• Limited Industry Diversity: While the healthcare, higher education, and tourism sectors are robust, the local economy lacks diversity in high-growth fields like technology, corporate finance, or specialized creative industries. Professionals in those fields often need to secure remote work arrangements to maintain their career trajectories.

• Socioeconomic Struggles: Like many former industrial and logistical hubs in New England, Bangor faces real-world challenges with property crime, homelessness, and substance abuse issues, particularly in certain concentrated areas around the downtown core. While violent crime remains low compared to national averages, property crime rates are noticeably higher than in the surrounding rural townships.