Machias
$175,000
21 Colonial Way
mls: 1671761
Bathrooms: 2
Year Built: 1940
Sq Footage: 1,464
Lot Size: 0.09
Taxes: $1,811
Status: Active

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.

Listed by: Elevate Maine Realty

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.

Listed by: Elevate Maine Realty

Above Grade Finished Area
1464.00
Accessibility Features
Appliances
Architectural Style
Other
Basement
Not Applicable, None
Bathrooms Full
2
Bathrooms Total Integer
2
Below Grade Finished Area
0.00
Body Type
Building Area Total
1464.00
Construction Materials
Wood Frame, Clapboard
Cooling
None
Electric
Circuit Breakers
Exterior Features
Fireplaces Total
0
Flooring
Laminate, Tile, Vinyl, Wood
Foundation Details
Pillar/Post/Pier, Slab
Garage Spaces
0.00
Green Energy Efficient
Heating
Propane, Baseboard, Hot Water, Zoned
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Business District, Intown, Near Golf Course, Near Public Beach, Near Shopping, Level
Lot Size Acres
0.0900
Other Equipment
Internet Access Available
Other Structures
Parking Features
Gravel, 5 - 10 Spaces, On Site, Off Street
Patio And Porch Features
Pets Allowed
No Restrictions
Property Condition
Roof
Composition, Flat, Rolled/Hot Mop, Shingle
Sewer
Public Sewer
Tax Annual Amount
1811.00
Utilities
Water Source
Public
Waterfront Features
Nearby
Year Built
1940
Zoning
None