10 Lyons Street
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $375,000 |
| No. of Units: | 5 |
| Year Built: | 1900 |
| Lot Size: | 3,692.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $75,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 5 |
ID: 3yd-MREISME-1674980
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