21 Colonial Way

Machias, ME 04654

MLS ID# 1586151 Active

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$159,000

0 parking spaces

1464 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details
• Virtual Tour 1

Description

MULTI-FAMILY INVESTMENT PROPERTY NEAR CENTER OF MACHIAS: An intown, multi-family property ideally situated in the heart of Machias offering easy access to business amenities and walking distance to the University of Maine at Machias. This stately, two-story building is reminiscent of an earlier time with a blend of period character and modern conveniences and is located across the street from the Burnham Tavern Museum, a prominent National Historic Site. The property consists of two, two-bedroom apartments with dedicated off-street parking for each unit. The main level unit includes a living room, two bedrooms, a full bath, and eat-in kitchen. Accessed via exterior stairs, the second level unit has a living/dining room area, two bedrooms, a full bath, and kitchen. This income producing property offers numerous possibilities for the new owner. The main level unit has been used in the past for both commercial and residential purposes. The Machias Bay area is the perfect spot for residents and visitors to enjoy a wide-range of outdoor activities such as hiking, kayaking, and biking. Nearby Jasper Beach, Roque Bluffs State Park, and the Bold Coast Trail are local treasures. Machias was settled in 1763 and serves as the commercial, educational, medical, cultural, and governmental center of Maine's easternmost county. MULTI-FAMILY INVESTMENT PROPERTY NEAR CENTER OF MACHIAS: An intown, multi-family property ideally situated in the heart of Machias offering easy access to business amenities and walking distance to the University of Maine at Machias. This stately, t... show more

Location Information

• Street # 21
• Street Name Colonial
• Street Type Way
• County Washington
• Town Machias
• State/Province ME
• Zip Code 04654
• Leased Land No
• Book 4452
• Page 312
• Map 11
• Lot 119
• Zoning None
• Zoning Overlay No
• Tax ID 21ColonialWayMachias04654
• Association No
• Full Tax Amount 1491.39
• Tax Year 2023

Property Information

• Surveyed Unknown
• Seasonal No
• Deed/Conveyance Type Offered Warranty
• Deed All
• Number of Units 2
• Total Baths 2
• Total Full Baths 2
• Total Half Baths 0
• Color Red
• Year Built 1940
• SqFt Finished Above Grade 1464
• SqFt Finished Below Grade 0
• SqFt Finished Total 1464
• SqFt Source Measured
• Garage No
• Garage Spaces 0
• Lot Size Acres +/- 0.09
• Source of Acreage Public Records
• Road Frontage Yes
• Road Frontage +/- 83
• Source of Road Frontage Public Records

Compensation & Misc Info

• Buyer Agency 2%

Directions

From Dublin Street/Main Street (US Route 1) in Machias, turn onto Colonial Way (ME-192) and travel for about two blocks to #21 on the right. The property is just past Burnham Tavern Museum on the opposite side of the street.

Details

• Site

  Level

• Roads

  Paved, Public

• Water Info

  No Water Frontage, No Water View

• Income & Expenses

  Gross Income:20400, Operating Expenses:6350

• Units

  # of 1 BD Units:0, # of 2 BD Units:2, # of 3 BD Units:0, # of 4+ BD Units:0

• Unit 1

  No Lease, Level:First, Security Deposit, Monthly Rent:850, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  No Lease, Level:Second, Security Deposit, Monthly Rent:850, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Style

  Other Style

• Construction

  Wood Frame

• Basement

  None

• Basement Entry

  Not Applicable

• Foundation Materials

  Pillar/Post/Pier, Slab

• Exterior

  Clapboard

• Roof

  Composition, Flat, Rolled/Hot Mop, Shingle

• Heat System

  Baseboard, Hot Water, Multi-Zones

• Heat Fuel

  Propane

• Water Heater

  Off Heating System

• Cooling

  None

• Floors

  Laminate, Tile, Vinyl, Wood

• Equipment

  Internet Access Available

• Driveway

  Gravel

• Parking

  5 - 10 Spaces, Off Street, On Site

• Vehicle Storage

  No Vehicle Storage

• Restrictions

  No Restrictions

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  Bottled

• Sewer

  Public Sewer

• Water

  Public