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Bean Group
Offered at $795,000Active
beds
—
baths
3
sq ft
1,856
Built
1900

50 Greeley Avenue

Bar Harbor, ME 04609

About this home

A unique opportunity to live in the heart of Bar Harbor while generating income from two additional units--or add a well-maintained three-unit property to your investment portfolio. Ideally located in Bar Harbor village, this versatile property offers a two-bedroom apartment on the first floor, a one-bedroom apartment with private deck on the second, and a third-floor studio. Thoughtful updates throughout make the property ready for its next chapter. The first-floor unit features an updated kitchen with granite countertops, quality cabinetry and newer dishwasher, along with an updated bath and portable washer/dryer. The second-floor unit offers an updated kitchen, full-size washer/dryer and private deck, while the partially furnished third-floor studio includes newer flooring, window A/C and updated doors opening to its own deck. All three units have been freshly painted, with flooring either new or in excellent condition. A new boiler was installed in 2022, with individual thermostats for each unit and separate electric accounts. Three off-street parking spaces add valuable convenience in the village. Tenants are currently in place, with the opportunity for a buyer to assume existing leases. Whether envisioned as an owner-occupied property with supplemental rental income or as a three-unit investment, 50 Greeley Avenue offers exceptional flexibility in Bar Harbor village.

Listing last checked: Listing updated:

Listed by Listing Agent · The Knowles Company · MLS #1669457

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Details at a glance

Interior3 property facts
Heating
Hot Water, Zoned, Radiant
Cooling
Other, Window Unit(s)
Flooring
Carpet, Laminate, Tile, Vinyl, Wood
Building5 property facts
Style
Other
Year built
1900
Garage
0
Foundation
Block
Roof
Composition
Land & utilities4 property facts
Lot size
0.06 acres
Water
Public
Sewer
Public Sewer
Zoning
Downtown Residential
Financial2 property facts
Annual taxes
$5,838
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $795,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,506 / monthAdjust
Principal & interest
$4,020
Property tax
$487
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,838. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 50 Greeley Avenue

Can I request a private showing?

Request a tour of 50 Greeley Avenue and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.