493 Valley Avenue, Bangor, ME, 04401 | $200,000

493 Valley Ave has 3 acres with private well & Septic. The public sewer is at the street with the neighbors next door and across the street connected to public sewer. The property has been neglected over the years and most likely should be razed or at a minimum extensively restored. Property is currently going through probate and due to its condition, there are no showings inside the buildings at this time. Due to its proximity to Husson University and Downtown Bangor it appears to be a great development parcel with much potential. The town of Bangor website has the following info:

LDR stands for Low Density Residential, which is a zoning district in Bangor, Maine that allows for traditional and innovative family living:
Purpose: To create a healthy, stable, and desirable residential environment
Dwelling units: 0. 5-6. 9 dwelling units per gross developable acre
Cluster subdivisions: Allowed if the subdivision has a minimum area of three acres, a maximum density of three dwelling units per gross acre, and a minimum lot size of 8, 000 square feet
LDR zoning districts establish land use regulations and appropriate areas for residential uses at low densities in suburban areas.

Features