$699,000

This property, sometimes referred to as the ''Green Moth,'' presents an excellent opportunity for investors seeking reliable rental income and future growth potential. This property has 2.19 acres. The property features a total of 11 rental units, which include four year-round apartments in the main building, six cabins, and one camper. The seasonal cabins are currently leased for six months at a time, making them particularly suitable for workforce housing needs. Situated conveniently close to Mount Desert Island (MDI) and Ellsworth, this property offers potential for additional development to further increase its value and utility. Advance notice is required for all showings. All existing leases will be honored by the future owner. Property taxes will be established at the time of sale.

Amenities

• Bedrooms: 0
• Full Bathrooms: 11
• Partial Bathrooms: 0
• Property Type: Multifamily
• Year Built: 1900
• Built in 1900
• Home size: 0 ft² / 0 m²
• MLS: 1643254
• Status: Active

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