Property Description

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). 3 off-street parking spaces are included. 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.)

Property Features