Discover an exciting investment opportunity with unlimited possibilities on the Machias River. This property features a 3-unit apartment building with a first-floor 2-bedroom unit, a second-floor 2-bedroom unit, and a spacious two-story 3-bedroom unit facing the river. The river unit has been completely redone from head to toe and is move-in ready, featuring all new appliances, flooring, paint, and vanities. Ample parking is available, along with a former commercial building and a small shed. A standout feature is the flexible zoning, allowing you to build within 25' of the water's edge. Whether you're considering cabins, a hotel, commercial enterprises, or residential development, this property caters to all. Situated on 1.91 acres of surveyed land, annual taxes are $3,418.62. Don't miss this unique opportunity to invest in a property with boundless potential.
MLS# | 1599394 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 168 |
Listing Provided By | United Country Lifestyle Properties of Maine | Spencer Wood |
SQ Feet | 1,790 |
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Basement | Y |
Zoning | General Use |
Acreage | 1.91 |
Water Front | River |
State | ME |
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County | Washington |
City | Machias |
Zip Code | 04654 |
Listing VS Median (in 04654) | |
Price: $524,000 low | high Med: $229,000 SqFt: 1,790 low | high Med: 2,000 $ / SqFt: $293 low | high Med: $115 On Site: 168 low | high Med: 243.000000 |