Excellent investment opportunity at 10 Lyons Street in Machias! This well-maintained five-unit property is fully rented and is comprised of a desirable mix of two studio apartments, two one-bedroom apartments, and one two-bedroom apartment. Utilities are included in the rents, and the property features a new propane wall-hung boiler, off-street parking, and a good-sized backyard, all situated on a quiet street close to downtown and local amenities.
A large storage area at the rear of the first floor may offer potential for expansion of an existing unit or conversion into a sixth unit. Buyers are encouraged to verify all intended uses and conversion possibilities with the municipality regarding applicable zoning, code, and permitting requirements.
Features
5 bathrooms
3692 sq. ft. floor area
crop_free20473.2 sq. ft. lot size
cottageMulti-Family
Property history for 10 Lyons Street
2022
Sold
$285,000
28 Apr 2022 by Mary Knapp, of Jack Walker Realtor?
2013
Sold
$40,000
17 Apr 2013 by Jefferson Clark
Happy sellers in Machias
~%
We have insufficient information to provide an overview of customer satisfaction for Machias. Viewing the agent profiles, reviews and sales for Machias can provide insights for this location.
Local market activity for multi families in Machias
Sold
For Sale
View the listing for inspection times, agent contact details, and more.