Three-Unit Residential Income
50 Greeley Avenue Bar Harbor, ME 04609
For Sale
$825,000
MULTI_FAMILY - Other - Bar Harbor, ME
Property Size1,856 SF
Lot Size0.06 Acres
Price / SF$444.50
Days on Market20
Property Features for 50 Greeley Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Downtown Residential
Bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Patio and Porch features
Deck
Pets allowed
No
Basement
Crawl Space, Partial
Standard status
Active
Size
1,856 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5838
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating), Natural Gas, Zoned, Hot Water(Heating)
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1900
Number of units
3
Flooring type
Carpet, Tile, Laminate, Vinyl, Wood
Building materials
Wood Frame, Vinyl Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
The Knowles Company
(207) 276-3322
Listed By:
William Burnett
(207) 460-5121
Added: Jul 10
Changed: Jul 28
Last Checked: Jul 29 at 10:06AM
MLS# 1669457
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-unit residential income property is arranged across three floors and contains a two-bedroom, one-bath unit on the first floor, a one-bedroom, one-bath unit on the second floor, and a studio unit on the third floor. The first-floor unit includes a new kitchen with granite counters, updated cupboard finishes, and a new dishwasher, along with upgraded bathroom fixtures and a portable washer/dryer. The second-floor unit features a deck and has updated counters and cupboards, plus a full-size in-unit washer/dryer. The third-floor studio includes partial furnishings, new window A/C, new floors, and new doors leading to its deck. The building has fresh paint throughout, and the floors are either new or in excellent condition. A new boiler serving the entire building was installed in 2022, and while each unit has its own electric account and an individual thermostat from the common heat system.
Located in Bar Harbor’s village at 50 Greeley Avenue in Hancock County, Maine, the property is presented for sale with tenants in place. The seller notes that a buyer may assume leases.
For investors seeking a small, income-producing multifamily structure with documented interior upgrades, this setup offers three distinct units with in-unit laundry in two of the three spaces and decks for the second- and third-floor apartments. For owner-occupants, the layout can also support live-in options while generating rental income from the remaining units, subject to lease terms.
Located in Bar Harbor’s village at 50 Greeley Avenue in Hancock County, Maine, the property is presented for sale with tenants in place. The seller notes that a buyer may assume leases.
For investors seeking a small, income-producing multifamily structure with documented interior upgrades, this setup offers three distinct units with in-unit laundry in two of the three spaces and decks for the second- and third-floor apartments. For owner-occupants, the layout can also support live-in options while generating rental income from the remaining units, subject to lease terms.
Key Highlights
- Three well‑maintained rental units across three floors in Bar Harbor’s village
- New building boiler installed in 2022; each unit has its own electric account and thermostat
- 1st‑floor 2‑bedroom, 1‑bath unit with new kitchen (granite counters), new dishwasher, and upgraded bathroom fixtures
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units across three floors with recent updates, separate electric accounts, and a boiler installed in 2022.
Where is this triplex located?
The property is located at 50 Greeley Avenue Bar Harbor, ME.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three well‑maintained rental units across three floors in Bar Harbor’s village; New building boiler installed in 2022; each unit has its own electric account and thermostat; 1st‑floor 2‑bedroom, 1‑bath unit with new kitchen (granite counters), new dishwasher, and upgraded bathroom fixtures
