This home's estimate is 16.2% lower than the average sale price ($917K) of 6 comparable homes.
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5 Shannon Rd, Bar Harbor, ME 04609
About this home
In-town multi family apartment building offering 4 one-bedroom, one-bath units. Great long term rental history and room to grow net income. New roof in 2021. Fully sprinkled with new sprinkler heads in 2016. Some cosmetic updates with flooring and new appliances in some units. Two units on first level, two units on garden level. Off street parking for tenants. Fully rented through May 2022.
Redfin Estimate
Market trends in 04609, ME
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Provided by Redfin
Sale history for 5 Shannon Rd
$232/sq ft
$229/sq ft
Tax history for 5 Shannon Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: 1 - 4 Spaces, Paved, Common
Interior
- Bathroom Information
- # of Baths (Full): 4
- Basement Information
- Basement Entry: Walk-Out Access, Daylight, Finished, Full
- Interior Features
- Interior Features: One-Floor Living
- Flooring: Tile, Laminate, Carpet
- Multi-Unit Information
- # of Units Total: 4
- # of 1 Bedroom Units: 4
- Operating Expense: $5,000
- Gross Income: $36,000
- Unit 1 Information
- # of Bedrooms: 1
- Actual Rent: $675
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Basement
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Bedrooms: 1
- Actual Rent: $750
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Basement
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 3 Information
- # of Bedrooms: 1
- Actual Rent: $800
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 4 Information
- # of Bedrooms: 1
- Actual Rent: $800
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
Exterior
- Building Information
- Construction Materials: Vinyl Siding, Wood Frame
- Foundation Details: Block
- Roof: Composition, Shingle
- Total Building Area (Sq. Ft.): 2,842
- Property Information
- New Construction: Yes
- Year Built: 1960
- Above-Grade Finished Area (Sq. Ft.): 1,421
- Below-Grade Finished Area (Sq. Ft.): 1,421
- Property Condition: New Construction
- Lot Information
- Lot Size (Sq. Ft.): $9,583.20
- Lot Size (Acres): 0.22
- Lot Size Source: Public Records
- Lot Features: Well Landscaped, Corner Lot, Level, Sidewalks, Intown
- Road Surface Type: Paved
- Zoning: F Downtown Res
Financial
- Tax Information
- Annual Tax Amount: $3,978
- Tax Year: 2020
Utilities
- Utility Information
- Has Heating
- Heating: Zoned, Hot Water, Baseboard
- Cooling: Wall/Window Unit(s)
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities: Utilities On
- Utilities On: Yes
- Water Source: Public
- Water Heater: Electric
Location
- Location Information
- Unparsed Address: 5 Shannon Road, Bar Harbor, ME 04609
- Directions: Mount Desert Street to Spring Street to Shannon Road. On corner of Shannon Road.
Public facts
- Beds: 4
- Baths: 4.0
- Sq. Ft.: 1,421
- Stories: 1.0
- Lot Size: 9,583 square feet
- Style: Multi-Family (5+ Unit)
- Year Built: 1960
- Year Renovated: —
- County: Hancock County
- APN: 562605
Around this home
Schools
Public K-8 • Assigned • 0.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 85° expected this year, 17 days in 30 years
71% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 7.4 hours in June and 3 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 04609
Home values near 5 Shannon Rd
| Address | Redfin Estimate |
|---|---|
5 Beds | - Baths | 4547 Sq. Ft. | $941,902 |
3 Beds | 2 Baths | 1814 Sq. Ft. | $726,591 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1716 Sq. Ft. | $698,594 |
4 Beds | 2.5 Baths | 1232 Sq. Ft. | $763,356 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 2496 Sq. Ft. | — |
3 Beds | 1 Baths | 1432 Sq. Ft. | $628,242 |
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