123 -125 Cottage Street, Bar Harbor, ME 04609

$1,600,000
Property Type: Residential Bedrooms: 11 Baths: 13 Square Footage: 7,000 Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $1,600,000 List Date: 10/14/2020 Last Modified: 1/05/2025

Overview

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 fa ...

Listing Details MLS# 1472809

Property Sub-Type

Property Sub-Type
Single Family Residence

Location Information

Street #
123 -125
Street Name
Cottage Street
County
Hancock
Town
Bar Harbor
State/Province
ME
Zip Code
04609
Leased Land
No
Book
5883,2429
Page
72,333
Map
104
Lot
24,15
Zoning
Downtown Village 2
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
11394
Tax Year
2020

Contract Information

Original List Price
1925000

Property Information

Surveyed
Yes
Seasonal
No
Deed/Conveyance Type Offered
Warranty
Deed
All
Deed Restrictions
Unknown
2 Detached Houses on 1 Lot
No
# Rooms
19
# Bedrooms
11
# Fireplaces
Yes
Total Full Baths
11
Total Half Baths
2
Total Baths
13
Color
green/ yellow
Year Built
1904
SqFt Finished Above Grade
7000
SqFt Finished Total
7000
SqFt Source
Builder
Other Source of Square Footage
Town records
Garage
Yes
Garage Spaces
4
Lot Size Acres +/-
0.14
Source of Acreage
Public Records
Acreage Other Source
deed

Status Change Info

Pending Date
2021-04-15
Closed Date
2021-06-02
Closed Price
1600000

Water Info

Waterfront
No
Water View
No

More Information

Utilities

Utilities On
Yes

Property Features

Site: Level Location: Business District; Historic District; Intown; Near Country Club; Near Golf Course; Near Shopping Roads: Public Transportation: Major Road Access Recreational Water: Nearby Appliances Included: Dishwasher; Disposal; Dryer; Electric Range; Gas Range; Microwave; Refrigerator; Washer Kitchen Countertop: Granite Style: Other; Shingle Structure Type: Townhouse Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Doghouse; Interior Foundation Materials: Granite; Poured Concrete Roof: Rolled/Hot Mop; Shingle Exterior: Clapboard; Shingle Siding; Wood Siding Heat System: Baseboard; Direct Vent Furnace; Direct Vent Heater; Heat Pump; Hot Water; Radiant; Radiator; Zoned Heat Fuel: Propane Water Heater: On Demand; Tankless Cooling: Heat Pump Floors: Tile; Wood Window Features: Low-Emissivity Windows Amenities: 1st Floor Bedroom; 1st Floor Primary Bedroom w/Bath; Bathtub; Laundry - 1st Floor; Laundry - 2nd Floor; Primary Bedroom w/Bath; Shower; Storage; Walk-in Closets Patio and Porch Features: Deck; Porch Equipment: Cable; DSL Energy Efficiency: Ceiling Fans Driveway: Gravel; Paved Parking: 11 - 20 Spaces; Off Street; Other Parking Vehicle Storage: 4+ Car; Auto Door Opener; Heated Restrictions: No Restrictions Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
IDX
Listing Office: Compass Point Real Estate, Inc.
Selling Office: Compass Point Real Estate, Inc.
Last Updated: January - 05 - 2025
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