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in separate window
Winter scene in front of Cottage shore
Race Island from Cottage shore
Cottage shore: .... over 200 feet
Local fishing boat passing Cottage shore
Cottage front and double trunk White Birch tree
South East corner of Cottage
Kitchen
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Coffins Neck
Lubec, Maine
Region: Down East Maine
Price: $197,500
Property Overview
Income Generating Secluded Waterfront Vacation Cottage
Outstanding For;
- Generating Rental Income
- Your Personal Vacation Cottage
- Or A Combination Of Both
Property Details
Cottage is fully equipped:
Pots, pans & dishes
Washer & dryer
Shower (no Tub)
Large stove
Automatic gas heater
Automatic well water (clear, cool, great tasting water)
Microwave
Reliable septic system
Insulated walls
No wood stove (chimney has a knockout for one)
Wood frame construction on concrete floor slab
Everything has been well maintained by owner
Owner Financing may be available on reasonable terms.
Taxes: Just about $1,000 annually.
Other basic expense: Road maintenance assessment - $100 to $150 per year.
Rental Income Information (if used to generate rental income)
Income: Weekly rates vary from $550 to $850 (plus linen rentals)
Seller generated nearly $12,000 annually for three years (can be increased)
Season: "Broad" season from April through early November (Rates can be increased)
"Peak" season - June through Labor Day
Variable expenses: substantially dependent on occupancy;
- Telephone
- Gas and Electric
- Satellite TV (DirecTV)
- Maintenance / Cleaning
- Advertising - Dependent on owner's intended use.
Business Package:
- Sale includes the entire Business Plan that has been successful for 8 years. This includes;
-- Web Site / Domaine Name well established for 8 years
-- Rental Agreement
-- Packaged Inquiry Responses (Local attraction information, photos, Tenant help booklet)
-- Rate Schedules
-- References from past tenants
-- Advertising "Know-How" Where your advertising can be most effective
-- Etc.
Seller lives year around on adjacent property and may be available to assist with the management of the Cottage for some period of time.
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| Type: |
Maine Vacation Home |
| Bed Rooms: |
2 |
| Bathrooms: |
2 |
| Lot Size: |
2.5 Acres |
| Year Built: |
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| Fireplaces: |
No, but chimney has a knockout for a woodstove |
| Views: |
Maine Ocean views |
| Waterfront: |
Salt Water |
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