8 Beals Cove Road , Harpswell, ME 04066

$1,150,000
  • 8 Beals Cove Road , Harpswell, ME 04066 Main Photo

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Active
BEDS0 BATHS4 full SQUARE FEET3,724 MLS#1682496
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Waterfront living, income-producing potential, and exceptional versatility come together at this unique Orr's Island property. Set on a private, expansive parcel with tidal waterfrontage, this well-maintained multi-unit property offers a rare opportunity to enjoy the benefits of coastal Maine while also generating rental income and utilizing substantial additional commercial-style space. The property features refreshed residential units, including a desirable two-bedroom first-floor unit that offers an especially appealing opportunity for an owner occupant. Step directly from the unit onto a large private deck overlooking the spacious yard, creating an ideal setting for morning coffee, entertaining, or simply enjoying the peace and privacy of the property. The generous acreage, expansive yard, paved parking, and secluded setting provide a level of space and flexibility that is increasingly difficult to find on the islands. Adding even more value is the large detached heated shop/garage, equipped with large bay doors and substantial interior space. Whether used for equipment, vehicles, storage, a workshop, business operations, or additional income generation, this building provides an exceptional amount of flexibility. The space is currently utilized by a local landscaping business, providing an additional source of rental income. Beyond the buildings, the property's waterfront setting and private location provide a distinctly coastal Maine lifestyle, while its proximity to the amenities and attractions of Orr's Island and the surrounding Harpswell islands keeps you connected to everything the area has to offer. Whether you're looking to live on-site while offsetting expenses with rental income, expand an existing investment portfolio, operate a business from the property, or take advantage of the property's multiple income-producing components, this is an opportunity that offers an uncommon combination of residential, commercial, and recreational potential.

8 Beals Cove Road | MLS# 1682496

This multi-family property located at 8 Beals Cove Road , Harpswell, ME 04066 is currently listed for sale with an asking price of $1,150,000. Search Harpswell real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Interior Entry, Walk-Out Access, Daylight, Finished
Garage: 2
Heating: Electric, Oil, Baseboard, Hot Water, Radiator
Home Style: Cape Cod
Lot Size: 1.71 Acres
Roof Type: Pitched, Shingle
Taxes: $4,085
Year Built: 1980

Feature Descriptions

Amenities: Laundry - Coin, Shower, Storage
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Carpet, Luxury Vinyl
Foundation: Poured Concrete
Lot: Near Public Beach, Rolling Slope, Landscaped, Wooded
Parking: Paved,5 - 10 Spaces, On Site, Detached, Heated Garage
Road Surface: Paved
Sewer: Private Sewer, Septic Tank
Special View Info: Scenic
SQ FT Above Grade: 2716
SQ FT Below Grade: 1008
Water: Private, Well
Water Body Name: Beals Cove
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: CORE
Agency Phone: 207-210-5677

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

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Estimated Payment

$ 3,235.23 per month $2,559.40 Principal & Interest $340.42 Property Tax $335.42 Homeowner's Insurance

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