Downeast Maine Investment Properties

MLS Number 1561033

• MultiFamily
• Bathroom 4
• Square Feet 6,637
• Acreage 0.06

What a transformation this Downtown property has taken since 2020! Fully renovated creating an incredible opportunity offering 4 large, high quality - 1 Bedroom apartments and TWO commercial retail spaces. 100% rented. Light, bright and inviting is how this property presents itself! Unit 63B even comes fully furnished as it's presently used for short-term rentals. The commercial spaces have front & rear entrances and each building provides private entry leading to the 2nd & 3rd floor apartments. Both buildings share the HWBB heat and that's about it. Heat pumps in the commercial spaces and heat pump hot water heaters on each side provide the domestic hot water. A beautiful stainless steel fire escape spanning to the 3rd floor apartments graces the rear of the building. Truly a gem in the heart of Ellsworth! It's a must see!

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS Number 1557918

• MultiFamily
• Bathroom 3
• Square Feet 2,775
• Acreage 0.16

Bar Harbor waterfront multiunit property with 3 residential apartments and a small post office in Salsbury Cove. The entire second level is a 3 bedroom 1 bath apartment with hardwood floors and great views of the ocean. The ground level includes a recently remodeled 1 bedroom apartment as well as another 2 bedroom apartment and the post office is out back. Across the street lies a grassy area to sit and enjoy the views or take a short walk down to the gravel beachfront. The calm cove makes a great spot to kayak or paddleboard from and the location cant be beat with easy access to all of MDI.

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS Number 1557937

• MultiFamily
• Bathroom 2
• Square Feet 2,400
• Acreage 0.47

This multi-unit has separate heat systems per unit, as well as electric. The rents are low, but they do pay their own heat and electricity. No leases in place. The building is in great condition for its age. The garage may be able to be salvaged...

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS Number 1552345

• MultiFamily
• Bathroom 3
• Square Feet 2,406
• Acreage 2.85

Excellent opportunity to own a duplex in Bar Harbor located on 2.85 quiet acres in the heart of the Town Hill village. This property has a two-story 2 bedroom/2 bath unit with bonus room and loft, large deck, and attached garage. The second unit is a one-story 2 bedroom/1 bath. Each unit has its own laundry. The level lot offers a nice lawn and garden area with ample parking. This versatile property has the potential to be an owner-occupied rental, employee housing, or an excellent income property. Septic design is for a 3-bedroom home.

Listed by Legacy Properties Sotheby's International Realty

MLS Number 1553942

• MultiFamily
• Bathroom 3
• Square Feet 3,219
• Acreage 0.5

The Godfrey Goddard House (c. 1900) has been beautifully renovated and updated. Though converted to two great apartments (with the potential for a third), the charm of the original home has not been lost. The first floor has 3 spacious bedrooms, living room, kitchen, laundry room and 2 full bathrooms. The second floor has 2 spacious bedrooms, living room, kitchen and full bath with stackable washer/dryer hookup. The third floor, which is 95% complete, has 1 bedroom, a full bath (shower and toilet fully functioning, sink all plumbed in, just needs to be hooked up) and two additional rooms. This could easily be an in-law suite, teenager's paradise or office space. So many possibilities. With separate entrances, live in one unit, work in one and rent the other out! New electric, plumbing, windows, insulation, flooring, kitchens and bathrooms, appliances, furnace and more! Located in Steuben, across from Joy Bay, near the Tunk Stream inlet, take a few minutes and walk to the shore for awesome sunrises and picnics! Jump in the car (or jump on your bike) and drive just a few minutes down Rogers Point Road for a sandy beach and sunsets! Steuben was chosen as the site of Maine's first sustainable space complex which will ultimately create many jobs (requiring housing) in the area! Great investment property. This is a must-see!

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS Number 1551364

• MultiFamily
• Bathroom 4
• Square Feet 2,400
• Acreage 0.08

In years past, this 1900's building was previously known as Conleys Store. While many upgrades have taken place over the years, the original tin ceilings are in gorgeous condition with original post and beams making an occasional appearance throughout. This is an excellent investment opportunity! While currently serving as two, 2-bedroom living units, it could easily be converted back to four, 1-bedroom rental units. This is a great Water Street location for an income property, residence, business or storefront – with water views! In addition to the main building, there is 10x16 shed for storage,12x18 unfinished building & fenced in area. New improvements in 2021/2022 include new vinyl windows, new vinyl siding (boards were replaced underneath & insulated as needed), & new roof. The possibilities are left up to your imagination on this one!

Listed by Bold Coast Properties

MLS Number 1533058

• MultiFamily
• Bathroom 3
• Square Feet 3,200
• Acreage 0.36

Listed by Points East Real Estate

MLS Number 1550016

• MultiFamily
• Bathroom 2
• Square Feet 2,856
• Acreage 0.64

This large and spacious 2 unit has loads of potential! The current owner has started some of the renovations and this multi-family home just needs to be finished and would be an income producing property. Each unit has it's own entry and there is ample parking for the tenants. The first floor unit consists of 3 bedrooms, 1 full bathroom, a large kitchen, dining room and a very spacious living room. The second floor unit consists 2 bedrooms, a very large bathroom and an enormous open concept kitchen, dining room and living room. Come take a look at this property and bring your visions and make this great property yours and start making money.

Listed by Berkshire Hathaway HomeServices Northeast Real Estate

MLS Number 1547510

• MultiFamily
• Bathroom 3
• Square Feet 1,836
• Acreage 1.2

Well kept 3 unit apartment building with many updates. 3 miles to Winter Harbor & Schioodic point. 30 minutes to Ellsworth. Great income opportunity!

Listed by The Winter Harbor Agency