Bought with The Knowles Company
$1,599,000
$1,599,000
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8 Baths
7,160 SqFt
SOLD DATE : 09/13/2021
Key Details
Sold Price $1,599,000
Property Type Multi-Family
Listing Status Sold
Square Footage 7,160 sqft
MLS Listing ID 1498736
Sold Date 09/13/21
Style Colonial
Full Baths 8
HOA Y/N No
Abv Grd Liv Area 7,160
Originating Board Maine Listings
Year Built 1990
Annual Tax Amount $6,743
Tax Year 2020
Lot Size 0.440 Acres
Acres 0.44
Property Description
Invest in Bar Harbor and take advantage of the blazing hot rental market. The property offers 4 fully furnished units with 11 bedrooms and 8 bathrooms total across two structures and plenty of off street parking. All together the property sleeps up to 30 people a night during the summer months and they're occupied over the winter to keep the cash flow coming in. Tons of new updates to the property inside and out with many new furnishing upgrades as well. The location backs up to Acadia National Park and offers close proximity to downtown Bar Harbor without all the people and noise. Lots of outdoor seating areas for guests to enjoy and with the house separate from the other three units this would be ideal for a 1-4 owner occupy where the remaining rentals would pay the mortgage and some. Inquire today to see if Summertime Cottages is the property that you have been looking for.
Location
State ME
County Hancock
Zoning Village Res
Direction From Rt 3 turn onto Highbrook Rd, continue up the hill to corner of Bloomfield and Champlain Rd, property is on the right.
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Heating Multi-Zones, Hot Water, Baseboard
Cooling A/C Units
Flooring Vinyl, Laminate, Carpet
Fireplace No
Exterior
Garage 1 - 4 Spaces, Paved, Off Street
Waterfront No
View Y/N No
Roof Type Shingle
Street Surface Paved
Parking Type 1 - 4 Spaces, Paved, Off Street
Garage No
Building
Lot Description Level, Intown, Near Golf Course, Near Shopping
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Colonial
Structure Type Vinyl Siding,Clapboard,Wood Frame
Others
Energy Description Oil
Financing Cash
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