Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-667-7423
A fantastic investment opportunity awaits with this three-unit multifamily property situated in the heart of Ellsworth. Ideally located for convenience, this property is just moments away from shopping, dining, and local employment hubs as well as only a half hour away from Acadia National Park and 40 minutes away from Bangor. Very well maintained and updated, it boasts a good history of occupancy, making it an appealing choice for both seasoned investors and those looking to enter the multifamily market or perhaps those looking for an owner-occupied property. Don't miss out on this prime location and income-generating potential!
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-667-7423
Remarks: Location is everything! Large multi-use Main St commercial building that is convenient to the Union River, library, city offices, 5-star dining, a health food store, several boutiques, speak-easies, bakeries, the post office and all Main St businesses. 108 Main Street is an investor's dream as a historic building in a Main Street America Designation downtown. Over 7000 sq ft of usable space spanning 3 levels. Full occupancy, and tenants that are willing to stay, this building produces viable income with a holistic health practice on Main Street, and has both vacation-based and private short term rentals on the second floor. It also boasts a potential subdivided ground floor office space and partially finished cellar spaces with Main street access to increase rental incomes. In addition, this office has a unique deed that grants 2 free parking spaces in the back of the building, and additional free monitored City Parking in the City Hall Parking Lot. The owners have spared no expense renovating the property, maintaining the plumbing, heating, and electrical, adding high capacity internet, and ensuring the roof has several years of life remaining. With this building, the owners can live and work on Main Street or continue renting the spaces with ''Turn-Key'' income. Call and schedule your walk through today!
Courtesy: Realty of Maine
207-667-2300
Discover extensively remodeled executive apartments in the heart of downtown Ellsworth. This well-constructed property boasts over 2,000 square feet of versatile commercial space on the 1st floor, complete with inviting Water Street windows and a prominent entrance. The back room features a separate entrance and there is a spacious shared bathroom. The second floor showcases two luxurious, fully furnished two-bedroom apartments, primed and ready for immediate rental. The third floor offers bonus ''owner quarters,'' complete with a spacious room, a kitchenette area, and a full bathroom. Notable features of the property include central air conditioning and heating, high ceilings, large windows, multiple entrances, and ample public parking. Don't miss out on this remarkable investment!
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-667-7423
Investors take notice! Four buildings, 6 residential tenants and 1 commercial tenant (salon) with additional 4 garage/storage spaces which could be used for additional rents. Partially finished space beneath the office duplex is a bonus for another rent! Significant paved parking for all buildings. This is a must see! Great investment due to the strong rental history and proximity to downtown Ellsworth.
Ellsworth is located in Maine. Ellsworth, Maine has a population of 8,340. Ellsworth is less family-centric than the surrounding county with 23.27% of the households containing married families with children. The county average for households married with children is 24.7%.
The median household income in Ellsworth, Maine is $58,029. The median household income for the surrounding county is $60,354 compared to the national median of $69,021. The median age of people living in Ellsworth is 44.2 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 47.2 inches per year, with 69.7 inches of snow per year.
