This income-generating cottage by the Machias River presents a fantastic opportunity for investment returns. The current owner has achieved success renting it out on a short-term basis, demonstrating its clear potential with consistent management. Its central location ensures short commutes to local services, amenities, and the downtown area. Alternatively, it could serve as an office for a small business or private practice, benefiting from good accessibility and some visibility from US Route 1. Conveniently, there is municipal parking and an electric vehicle charging station located across the street.
MLS# | 1587530 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1860 |
Days On Site | 135 |
Listing Provided By | Points East Real Estate | Jason Smith |
SQ Feet | 432 |
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Zoning | Shoreland |
Acreage | 0.07 |
State | ME |
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County | Washington |
City | Machias |
Zip Code | 04654 |
Listing VS Median (in 04654) | |
Price: $149,000 low | high Med: $324,900 SqFt: 432 low | high Med: 786 $ / SqFt: $345 low | high Med: $413 On Site: 135 low | high Med: 220.000000 |