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123 -125 Cottage Street, Bar Harbor, ME 04609
$1,600,000
123 -125 Cottage Street, Bar Harbor, ME 04609View this property at 123 -125 Cottage Street, Bar Harbor, ME 04609
123 -125 Cottage StreetBar HarborME04609
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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.
Full Property Details
Full Property Details for 123 -125 Cottage St
General
- Sold For: $1,600,000
- Taxes: $11,394 (2020)
- Status: Closed
- Type: Single Family
- MLS ID: 1472809
- Added to Site: 1, 304 day(s) ago
Interior
- Number of Rooms: 19
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Gas Range, Microwave, Refrigerator, Washer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 13
- Full Bathrooms: 11
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 11
Additional Information
- 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
- Recreation: Nearby
- Equipment: Cable, DSL
Exterior
- Color: green/ yellow
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: 11 - 20 Spaces, Off Street, Other Parking
- Garage Description: 4+ Car, Automatic Door Opener, Heated
Location
- County: Hancock
- Transportation: Major Road Access
- Location Details: Business District, Historic District, In Town, Near Country Club, Near Golf Course, Near Shopping
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Baseboard, Direct Vent Furnace, Direct Vent Heater, Heat Pump, Hot Water, Multi-Zone, Radiant, Radiator
- Heating Fuel: Electricity, Propane
- Water Heater: On-Demand, Tankless
Utilities
- Gas: Bottled Gas
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Multilevel, Shingle Style, Townhouse
- Construction: Wood Frame
- Exterior Const.: Clapboard, Shingle Siding, Wood Siding
- Basement Desc.: Full, Unfinished
- Roof: Rolled/Hot Mop, Shingle
- Disability Access: 32 - 36 Inch Doors, Level Entry, Other Bath Modifications
- Square Feet: 7,000
- Sq. Ft. Source: Builder
- Finished Total: 7,000 Sq. Ft.
- Year Built: 1904
Lot Features
- Lot Size (Acres): 0.14
- Street/Road Desc.: Public
- Driveway/Sidewalk: Gravel, Paved
- Zoning: Downtown Village 2
- Lot Description: Level
Water Features
- Water Access Desc: Nearby
Financial Considerations
- Tax Amount: $11,394
- Tax Year: 2020
Disclosures and Reports
- Restrictions: No Restrictions
- Surveyed: Yes
- Lot Number: 2415
Compass Point Real Estate, Inc.
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Schools
Schools serving 123 -125 Cottage St
School Districts:Bar Harbor School Department, Mt Desert Csd
Rating | Name | Grades | Distance |
---|---|---|---|
11 Eagle Lake Rd, Bar Harbor, ME 04609 | K-8 | 0.1 mi | |
1081 Eagle Lake Rd, Mount Desert, ME 04660 | 9-12 | 4.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 -125 Cottage St
Date
Details
Price
Change
Source
6/02/2021
Sold
$1,600,000
-16.88%
MLS
10/14/2020
Listed
$1,925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
123 -125 Cottage Street, Bar Harbor, ME 04609 (MLS# 1472809) is a Single Family property that was sold at $1,600,000 on June 02, 2021. Want to learn more about 123 -125 Cottage Street? Do you have questions about finding other Single Family real estate for sale in Bar Harbor? You can browse all Bar Harbor real estate or contact a Coldwell Banker agent to request more information.