123 -125 Cottage Street

123 -125 Cottage Street
Bar Harbor, Maine 04609

Price

$1,925,000

Current
  • 19 RM
  • 11 BD
  • 13 BA
  • 7,000± sf

Property Description:

A unique property with endless possibilities: 4 luxury apartments in downtown Bar Harbor with garage and 10,000 sq. ft. of off street parking. The ability to rent seasonally or year round makes this property flexible in any market and could even be converted to condos with minimal effort. Currently rented seasonally as a luxury 8 bedroom, 8/2 bath home with a separate 3 bedroom/3 bath owner's apartment over the 5 car garage. This property has income potential of well over $100,000/year. Each floor has its own front and back entrance, full kitchen, laundry, living and dining area. Originally built in 1904 it has been expanded ,renovated and updated until 2019, and is in like new condition. All mechanical is new, featuring LP boilers, on demand water heaters and 16 heat pumps/AC units. These systems, along with modern windows and insulation ensure comfortable, economical living year round. Location is close to all in town amenities and all that Acadia National Park offers. Perfect for family reunions, weddings and other event based lodging. Definitely a must see for the discerning buyer or investor. Please view the virtual on line tour.
  • Rooms:
    19
  • Beds:
    11
  • Baths:
    13
  • Sq Ft +/-:
    7,000
  • Floors:
    Tile,Wood
  • Acreage +/-:
    0.14
  • Heat:
    Baseboard, Direct Vent Furnace, Direct Vent Heater, Heat Pump, Hot Water, Multi-Zones, Radiant, Radiator
  • Cooling:
    Heat Pump
  • Fuel:
    Electric, Propane
  • Siding:
    Clapboard, Shingle Siding, Wood Siding
  • Roof:
    Rolled/Hot Mop, Shingle
  • Tax:
    $11,394
  • Foundation:
    Granite,Poured Concrete
  • Roads:
    Public
  • Driveway:
    Gravel,Paved
  • Amenities:
    1st Floor Bedroom,1st Floor Primary Bedroom w/Bath, Bathtub, Deck, Laundry - 1st Floor, Laundry - 2nd Floor, One-Floor Living, Porch, Primary Bedroom w/Bath, Shower, Storage, Walk-in Closets

  • Year Built:
    1904
  • Zoning:
    Downtown Village 2
  • Style:
    Multi-Level, Shingle Style, Townhouse
  • Garage Type:
    Yes
  • Water View:
    No
  • Location:
    Business District, Historic District, Intown, Near Country Club, Near Golf Course, Near Shopping
  • Site:
    Level
  • Recreational Water:
    Nearby
  • Survey:
    Yes
  • Parking:
    11 - 20 Spaces, Other Parking
  • Gas:
    Bottled
  • Water:
    Public
  • MLS#
    1472809
  • Company:
    Compass Point Real Estate, Inc.

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123 -125 Cottage Street
Bar Harbor, Maine 04609
County: Hancock
Zip Code: 04609
Sale Type: Current
MLS #: 1472809
Category: Single Family
Listed by Compass Point Real Estate, Inc.

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