Excellent short term rental in Katahdin Region!

Hospitality for Sale
Catylist Listing ID: 30733813
Property Subtypes: Bed & Breakfast, Resort, Vacation Rental(s), Other
Number of Units: 8 Units
Building Size (RSF): 6,400 SF
Gross Building Area: See Agent
Gross Land Area: 4.50 Acres
Sale Price: $2,295,000
Unit Price: $286,875 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2021

Overview / Comments

Rare opportunity to own an extravagant log home with 1000 +/- Ft of water frontage on South Twin Lake which accesses over 18,670 acres of lakes in the beautiful Mount Katahdin region! This 6400 +/- SF home was custom built in 2003 and is in impeccable condition offering a 6 bed/6.5 bath main house & 2 bed/2 bath apartment over a 2 car heated garage! This also has a 20 boat slip marina w/ sandy beaches on 4.5 acres of land! This property is a definition of what ''Maine should be''.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $8,952 (Annual)

Additional Details

Nearest MSA: Bangor
County: Penobscot
Tax ID/APN: 999999
Zoning: LUPC
Retail Clientele: General, Family, Tourist, Recreation, Other
Property Visibility: Excellent
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 2003
Water Service: Well
Sewer Type: Septic

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