This is a great investment opportunity! 3 well-maintained units on three floors in Bar Harbor's village. The first floor features a two-bedroom, one bath apartment with new kitchen including granite counters and quality cupboards as well as a new dishwasher. Its bathroom has new upgraded fixtures, and there's a portable washer/dryer. The 2nd floor has a one-bedroom, one bath unit with deck, updated counters and cupboards, and new full-size washer/dryer. The 3rd floor studio unit is partially furnished and has a new window A/C, new floors, and new doors to its deck. All units have fresh paint and all floors are either new or in excellent condition. A new boiler serving the entire building was installed in 2022 (each unit does have its own electric account, and each has its own thermostat from the common heat system). Tenants are in place and a buyer may assume leases. This is a perfect income property supplying much needed housing for Bar Harbor's village while virtually paying for itself. (NOTE: Stated operating expenses does include property tax.)
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $825,000 | $445 | The Knowles Company |
| Year | Annual Amount | Description |
|---|---|---|
| 2024 | $5,838 |