375,000

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.