Sullivan ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,571
Status:
Active
Beds:
n/a
Lot size:
1.8 Acres
Year built:
1850
Baths:
4.00
MLS#:
1607457

ADDITIONAL INFORMATION

Three amazing stand-alone homes on one property with good rental history. The 'Guest House' is currently an office building but with the removal of a wall it can easily be restored to its former spacious two bedroom, one bath home. The 'Studio' is a great efficiency apartment currently hosting seasonal rentals. The spacious Main House has three bedrooms with one on the first floor, 1.5 bathrooms, large den, kitchen, dining room, living room and sunny porch. There is an attic space that could be finished off as well. The square footage reflects the Main House. The Studio is approximately 300 sq. ft. and the Guest House is approximately 800 sq. ft. There are 2 garage bays for storage or parking. Enjoy ocean views of Mt. Desert Narrows. Make this your home, a great investment property or both. Come and see for yourself!

Type:
Multi-Family
Sq.Ft.:
1,456
Status:
Active
Beds:
n/a
Lot size:
0.67 Acres
Year built:
1880
Baths:
2.00
MLS#:
1594342

ADDITIONAL INFORMATION

OPEN HOUSE SATURDAY 8/17 11AM -1:30PM Welcome to your new investment opportunity or dream home! This beautifully updated 1,456 sq. ft. house features two separate 2-bedroom, 1-bath living spaces, perfect for owner occupancy with the option to rent out one unit, or maximize your income potential by renting both units year-round or as short-term rentals. Each level offers its own private entrance, ensuring privacy and convenience for all residents. Recent upgrades include modern plumbing, a durable metal roof, fresh paint, refinished wood floors, and a water filtration system. This property is truly move-in ready, offering a hassle-free transition for you or your tenants. It even has the benefit of a covered front porch and fenced side-yard. Situated in a desirable location just 10 minutes to Ellsworth. Don't miss out on this unique opportunity to own a home that practically pays for itself and affords you versatile living arrangements!

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.



Sullivan Real Estate

The median home value in Sullivan, ME is $238,750. This is lower than the county median home value of $345,300. The national median home value is $338,100. The average price of homes sold in Sullivan, ME is $238,750. Approximately 44.81% of Sullivan homes are owned, compared to 13.26% rented, while 41.93% are vacant. Sullivan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sullivan real estate agent to arrange a tour today!

Sullivan, Maine has a population of 1,431. Sullivan is less family-centric than the surrounding county with 20.52% of the households containing married families with children. The county average for households married with children is 24.7%.

The median household income in Sullivan, Maine is $61,190. 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 Sullivan is 41.9 years.

Sullivan Weather

The average high temperature in July is 78.1 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 47.2 inches per year, with 68.5 inches of snow per year.

Sullivan Real Estate Market Conditions

  • Median sales price

    $238,750
    20.6% change since last quarter
  • # Active listings

    20
    30-day change

Sullivan Schools and Demographics

Education near Sullivan, ME

Metric City County
High School Graduates 95.36 95.22
College Degree - 2 year 7.45 9.48
College Degree - 4 year 22.34 35.5
Graduate Degree 7.35 9.29
Expenditures per Student 19,932 19,932
Students per Teacher 9.9 9.9

Elementary Schools near Sullivan, ME

School Grades Students P/T Ratio ZIP
Cave Hill School PK - 08 85 8.5 04634
Ella Lewis School PK - 08 114 9.6 04680
Hancock Grammar School KG - 08 211 04640
Mountain View School PK - 08 237 9.4 04664
Peninsula School PK - 08 194 11 04669

High Schools near Sullivan, ME

School Grades Students P/T Ratio ZIP
Sumner Memorial High School 09 - 12 241 8.7 04664

Demographics near Sullivan, ME

Metric City County
Neighborhood Type Small Town
Population 1,431 55,417
Population Density 54 35
Median Age 41.9 49.2
People per Household 3 2.2
Median Household Income 61,190 60,354
Average Income per Capita 25,411 35,975