About This Home
This 0-bedroom, 5-bathroom residential multi family at 10 Lyons Street in Machias, ME is listed for $375,000 ($102 per sqft). Built in 1900, the home offers 3,692 sqft of living space on a 0.47 acres lot.
Key Features
- Built in 1900
- 0.47 acre lot
Property Details
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 par
king, 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.
Monthly Cost Estimate
$2,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
10 Lyons Street
Machias, ME 04654
Property Details
Flooring
Construction
Heating
Questions & Answers
This 0-bedroom, 5-bathroom residential multi family at 10 Lyons Street is listed at $375,000 ($102/sqft). The estimated monthly payment is $2,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.47 acre lot.
This property is listed by Jason Erwin and can be reached at 9784073255.