123 -125 Cottage Street, Bar Harbor, ME 04609 (MLS# 1472809)
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
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.
Supplements: ********
More Information 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
Geo Lat: 44.388736
Geo Lon: -68.213453
Contract Information
Status: Closed
Original List Price: 1925000
Sold Price: $1,600,000
Current Price: $1,600,000
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: 1
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
Water Frontage: No
Water View: No
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; One-Floor Living; 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
Documents
Property Disclosure Public Access ›Listing Office: Compass Point Real Estate, Inc.
Last Updated: January - 05 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
