20 Canal Street, Machias, ME, 04654 | $524,000
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.
Features
- Baths: 3 full / 1 half
- Units: 3
- Style: New Englander
- Year Built: 1900
- Heating: Hot Water, Forced Air, Baseboard
- Cooling: None
- Basement: Full, Interior Entry, Exterior Only
- Approx Sq. Feet: 1,790
- Acreage: 1.91
- Est. Taxes: $3,419
- Lot Desc: Rolling Slope, Near Shopping, Near Town
- Water Front: Yes
- MLS#: 1609117
- Website: https://www.raveis.com
/prop/1609117/20canalstreet_machias_me?source=qrflyer
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