$524,000

Est. Mortgage $0/mo *

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20 Canal Street, Machias, ME, 04654

20 Canal Street, Machias, ME, 04654
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3 Full / 1 Half baths

1900

New Englander

1,790 sqft

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.

Status:

Active

Type:

Multi-family

Units:

3

Zoning:

General Use

Frontage:

90

Heating:

Hot Water, Forced Air, Baseboard

Cooling:

None

Basement:

Full, Interior Entry, Exterior Only

Parking:

1 - 4 Spaces, Common

Acreage:

1.91

Est. Taxes:

$3,419

Construction

Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Rolling Slope, Near Shopping, Near Town

Waterfront:

Yes

MLS #:

1609117

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of United Country Lifestyle Properties of Maine 207-794-6164