The Horace Munroe House, 1899 Queen Anne style in Auburn, Maine - $1.3 Million

Maine

Apr 5

The Horace Munroe House for sale in Auburn, Maine. Built in 1899 to a design by architect William R. Miller, Queen Anne style, 17,216 sqft. $1,300,000.

The Horace Munroe House 1899 Queen Anne style Auburn Maine - main side view

House overview

Thinking about owning your own B&B in Maine? This historic Inn and separate 3 unit apartment building is a wonderful business opportunity with a mix of income from short term and long-term rentals.

The inn has been updated and contains 4 ensuite guest rooms on the second floor, an additional penthouse suite (currently used as owner’s quarters) and a 2 bedroom apartment over the carriage house.

The inn has retained much of its historic charm with period woodwork and a multitude of beautiful stained glass windows throughout the property.
The carriage house also has a sauna in the basement, and the space could be used for providing additional services for the inn.
The 3 unit apartment building has been renovated with two 2 bedroom apartments and one 1 bedroom apartment and excellent rental history.

Great opportunity to expand beyond the B&B business. It once had a small restaurant and is perfect for private events. The current owner has had multiple requests to host small wedding parties, and although she doesn’t do it, there is a lot of demand for hosting events in such a beautiful Victorian venue.

There is a public parking lot directly across the street. Excellent cash flow for the business and the inn will be sold turnkey.

Additional details on the property are available after the NDA is signed. Room counts and square footage represent the Inn and carriage house apartment only.