34 Frenchmans Hill E, Bar Harbor, ME 04609

Great proven historical short term rental income. Spacious in-law apartment above detached two car garage with separate driveway and private guest parking area. Located on a private road on Frenchmans Hill, Bar Harbor. Near Acadia National Park, a home on a hill surrounded by woods and streams with a nearby pond. Proven rental income of over $50,000 annually through rental of in-law apartment. Proven rental history of an Additional $15,000 MONTHLY by also renting the main home in Summer months. Last years $50,000 from renting the guest apartment April-October alone paid $4,166 toward the mortgage payment. Additional Proven historical rental income during off-season/Winter months. Wide plank hardwood floors, cozy window seat and a fireplace create a home that feels instantly like home. Cast iron tub, and beautiful wooden vanity accented with local artists Rocky Mann sinks and tiles. His and hers sinks. Kitchen has granite counters with open floor plan for entertainment and dining area. The wood beams accent the interior structure. A belvedere (or large cupola) above the 2nd floor bedroom lends to views of Blue Hill and incredible sunsets. The master bedroom is surrounded by large windows lending to incredible forest views and beautifully landscaped yard. A separate driveway and parking area brings you to the detached two car garage with a beautifully finished in law apartment. This is truly the perfect starter home, or an opportunity to downsize to cozy home which pays for itself through proven seasonal rental income of the detached guest house.
A proven cash positive investment. Short term rentals are readily permitted by the town with a 2 night minimum, if owner is primary resident. A primary residence is defined as living in the home for at least 6 months and 1 day. Bar harbor rental permit ''Vacation Rental 1'' can be immediately obtained by the buyer with proof that the home is the primary residence through proof with license and or other supporting documents.