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Updated Three-Unit Triplex
For Sale
$825,000

50 Greeley Ave, Bar Harbor, ME 04609

Three apartments feature refreshed interiors, individual electric accounts, and shared boiler heat.

Property Size1,856 SF
Price / SF$444.50
Days on Market43

Property Features for 50 Greeley Ave

General Information

Standard status Active
Size 1,856 SF
Total Parking Spaces 3
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units 3

Amenities

deck
air conditioning

Building Details

Year Built 1900
Buildings 1
Stories 3
Listing Agency: The Knowles Company
Listed By: William Burnett
Source: 603luxury
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 3:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Knowles Company

Investment Insights

Based on property information with market context.

This 1,856-square-foot triplex at 50 Greeley Ave in Bar Harbor includes one apartment on each of three floors. The unit mix consists of a two-bedroom, one-bath first-floor residence, a one-bedroom, one-bath second-floor apartment with a deck, and a third-floor studio. Interior improvements include a remodeled first-floor kitchen with granite counters, updated cabinetry and a dishwasher; refreshed counters and cabinets in the second-floor unit; and new flooring, doors, and window A/C in the studio. Washer/dryer equipment is provided in the first and second-floor units, while the studio is partially furnished.

A building-wide boiler installed in 2022 provides common heat, with separate thermostats for each unit. Each apartment has its own electric account. The property includes three off-street parking spaces, and tenants are currently in place with leases that may be assumed by the buyer.

Key Highlights

  • 1,856‑square‑foot triplex built in 1900
  • Three units arranged across three floors: two‑bedroom, one‑bedroom, and studio
  • New building boiler installed in 2022

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Barber Shop Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

879
Businesses Nearby

Demographics for 04609, ME

5,089
Population
3,499
Households
1.5
Avg Household Size
48
Median Age
58%
College-Educated
96%
High-School Grad
42.2 sq mi
ZIP Area
121
Density / Sq Mi
$74,408
Median Household Income
$44,455
Median Earnings
$1,190
Median Rent
$451,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three apartments feature refreshed interiors, individual electric accounts, and shared boiler heat.
Where is this triplex located?
The property is located at 50 Greeley Ave 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: 1,856‑square‑foot triplex built in 1900; Three units arranged across three floors: two‑bedroom, one‑bedroom, and studio; New building boiler installed in 2022
More about this property
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