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46-48 Overfar Way, Bangor, ME, 04401

4beds
4baths
2,842sqft
$239,000
$84price/sqft
$1,927/moest. monthly cost
$77,080/yrincome needed

About This Home

A unique investment opportunity out in the country of Hermon. This 2 car garage duplex is now available and packed with potential! This duplex could be the perfect setup to live in one side and rent out the other side to help pay the mortgage or rent both side for a potential positive cash flow with 2 rents paying the mortgage. The property is currently configured as two separate units and taxed as such with 2 separate deeds. Unit 1 - #46 is a 2 story story layout with 2 bedrooms .2 baths , kitchen; open dining and living room and office on 2nd level. Also has another room downstairs for 1600 Sq ft along with 1 car garage. Unit 2- #48 is a two-story layout with a kitchen; open dining and living room 1 bath and big spare room / office and garage on 1st floor with 2 bedrooms and another bathroom on second floor with 1242 Sq Ft. #48 is currently being rented for $1400 per month. The builder thoughtfully framed a doorway and hall between the two units and 2 bay garage in between for convenience. Whether you're an investor looking for steady rental income or live in one side and rent the other. Ready to stop renting and start investing? . Don't miss out - contact your agent today to schedule a showing and explore the possibilities!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

7/10
Patricia a Duran SchoolGrades PK-42.3 mi
6/10
Hermon Middle SchoolGrades 5-82.6 mi
8/10
Hermon High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1989

Materials

  • Foundation: Poured Concrete,Slab
  • Roof: Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • 1st Floor Bedroom,Pantry,Shower,Storage,Walk-In Closet(s)
  • Door features: Storm Door(s)
  • Window features: Double Pane Windows
  • Flooring: Carpet,Linoleum
  • Finished area below ground: 0
  • Finished area above ground: 2,842

Heating & Cooling

  • Heating features: Space Heater
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,842
  • Total interior livable area: 2,842 sqft

Property

Details

  • Zoning: Res

Features

  • Levels: Multi/Split
  • Patio & porch: Glassed-in Porch
  • Has view: Yes
  • View description: Fields,Trees/Woods

Lot

  • Lot size: 2.07 Acres
  • Features: Level,Open Lot,Wooded

Parking

  • Total spaces: 2
  • Parking features: Gravel,11 - 20 Spaces
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
Cold Wave
Hurricane
Strong Wind

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,208$14,496
Home Insurance $85$1,020
Property Taxes $221$2,652
Electricity $413$4,957
Total$1,927$23,124

Income You'd Need if You Spent...

35% on housing$66,068/yr
40% on housing$57,810/yr
45% on housing$51,386/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$84This listing

vs Other Active Listings

Avg $/sqft

ZIP 04401$161
Penobscot County$143

vs Homes Sold Last Month

Median $/sqft

ZIP 04401$175
Penobscot County$181

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-23Price change$249,000
2026-03-09Price change$279,000
2026-02-06Price change$289,000
2025-11-26Price change$299,000
2025-10-31Listed for sale$325,000

For Sale by Agent

AgentMark Dube
BrokerageAmerican Dream Realty, LLC

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