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888 Middle StreetBath, ME 04530Price: $1,395,000

  • Price: $1,395,000
  • Est. Mortgage of $/month
  • 152 Days on Market
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,395,000List Price
  • 8Bedrooms
  • 8Bathrooms
  • 0.44Acreage
  • 1843Year Built
  • 4,598Square Feet

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This 1843 Greek Revival with carriage house is a testament of how architecture combines beauty & utility! Meticulously renovated & transformed into an extraordinary Bed & Breakfast/Inn with as many as 7-8 units. This property is stunning in design, totally upgraded through superb craftsmanship and has had the benefit of caring owners that make this a true investment opportunity not to be missed. It also ideal for a 1031 exchange or 401K investment. Currently operating with 4 well-appointed bedrooms with private baths, stunning common rooms with a blend of old & new, a custom Kennebec kitchen, & large outdoor porch for al-fresco dining & relaxation. There is an additional Inn unit on the 3rd floor; and unutilized space above the owners' unit with separate entry that is plumbed and wired for easy transformation to a charming, spacious 'loft style' unit/rental. The first-floor private owner's residence with a separate entrance has 2 beds, 2 baths, living room with fireplace, dining room & full kitchen. Fully renovated & updated for unsurpassed living for owners - or it could be easily leased out for $33,000 to $36,000 in stable annualized rent income. There is a separate carriage house that can garage 2 vehicles with space on second level for storage. Being sold fully furnished and with benefits such as multi zone heat & air conditioning, fully sprinkled, and backup generator, this is truly a turnkey operation & investment. There is ample parking on-site & the grounds are meticulously landscaped with many flowering trees & plants. Also being marketed as single or multi family - for potential residential buyers who want lots of room for family & guests - and the current 'owner's' one-floor unit a perfect 'in-law' apartment or rental. Situated in the historic waterfront city of Bath with an active year-round community at your doorstep and just 34 miles to Portland, Maine's largest city. Come experience the simplicity, grace & detail that make this truly one-of-a-kind.

Property Details of 888 Middle Street

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Listed by Legacy Properties Sotheby's International Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Live Maine Team - RE/MAX Infinity participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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