21 Colonial Way, Machias, ME 04654

$175,000
  • 21 Colonial Way, Machias, ME 04654 Main Photo

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New to the Market Active
BEDS0 BATHS2 full SQUARE FEET1,464 MLS#1671761
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMachias Public Schools

Property Description

Excellent opportunity to own a versatile two-unit property in the heart of Machias! Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or create a mixed-use property, this duplex offers flexibility and income potential in a highly convenient in-town location.The property features two separate 2-bedroom, 1-bath apartments, each with its own entrance and dedicated off-street parking. The first-floor unit offers convenient single-level living with a spacious living room, eat-in kitchen, full bath, and two bedrooms. The second-floor unit, accessed by a private exterior staircase, includes an open living and dining area, kitchen, full bath, and two bedrooms.Located just minutes from the University of Maine at Machias, Down East Community Hospital, shopping, restaurants, and downtown businesses, the property is well-positioned to attract long-term tenants. The first-floor unit has also previously been used for commercial purposes, offering additional possibilities for those seeking a live/work space or business opportunity (subject to local regulations).Whether you're an experienced investor or purchasing your first income property, this is a chance to own a well-located duplex in one of Downeast Maine's commercial and educational hubs. Enjoy nearby attractions including Roque Bluffs State Park, Jasper Beach, the Bold Coast Trail, and the many outdoor recreation opportunities that make the Machias area such a desirable place to live.

21 Colonial Way | MLS# 1671761

This multi-family property located at 21 Colonial Way, Machias, ME 04654 is currently listed for sale with an asking price of $175,000. Colonial Way is located within the Machias Public Schools school district. Search Machias real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Not Applicable, None
Heating: Propane, Baseboard, Hot Water, Zoned
Home Style: Other
Lot Size: 0.09 Acres
Roof Type: Composition, Flat, Rolled/Hot Mop, Shingle
Taxes: $1,811
Year Built: 1940

Feature Descriptions

Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Clapboard
Flooring: Laminate, Tile, Vinyl, Wood
Foundation: Pillar/Post/Pier, Slab
Lot: Business District, Intown, Near Golf Course, Near Public Beach, Near Shopping, Level
Parking: Gravel,5 - 10 Spaces, On Site, Off Street
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 1464
SQ FT Below Grade: 0
Water: Public

Local Schools

School District: Machias Public Schools

Listed By / Shown By

Listed By

Agency Name: Elevate Maine Realty
Agency Phone: 207-331-4565

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

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Estimated Payment

$ 591.43 per month $389.47 Principal & Interest $150.92 Property Tax $51.04 Homeowner's Insurance

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