888 Middle Street

Description

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.