Multi-Family for Sale: 17 Bruce Street, Machias, ME 04654

4 full baths
$359,900
$359,900
17 Bruce Street, Machias, ME 04654
4 full baths
$359,900
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Price:
$359,900

Type Multi-Family
Style Other Style
Total Baths 4 full baths
Square Feet 1,650 sqft
Lot Size 0.14 acres
Year Built 1970
Taxes Paid $1,776

City Machias
County Washington

MLS 1610395
Status Active Under Contract
LOOKING FOR A MULTI-FAMILY INVESTMENT PROPERTY WITH NO RENOVATIONS NEEDED? The heavy lifting has been done with this in-town, multi-family property consisting of four studio apartments with dedicated off-street parking for each unit. In the current configuration, the two main level units are unfurnished while the two second level units are fully furnished. Over the past several months, the units have been occupied by a combination of short-and long-term tenants. There are numerous possibilities for future tenants such as traveling medical professionals, workforce housing, university faculty or students, and vacation rentals. Another option is to owner occupy one unit and generate income from the other three. The cozy units have been tastefully finished and reflect both simplicity and functionality. Each unit has a kitchen with upgraded cabinetry and solid surface countertops, a bathroom with shower, and a sizable combined living room/bedroom area. The second level units share an outdoor deck. There is the possibility to expand up by using the large attic to provide more living space for one or both second level units. Each unit has an energy efficient heat pump. The convenient intown location is within walking distance to amenities such as shops, eateries, library, post office, university, and much more. The Machias Bay area is the perfect spot for residents and visitors to enjoy a wide-range of outdoor activities such as hiking, kayaking, biking, and ATVing. Nearby Jasper Beach, Roque Bluffs State Park, and the Bold Coast Trail are local treasures. Machias was settled in 1763 and serves as the commercial, educational, medical, cultural, and governmental center of Maine's easternmost county. A rare find in today's marketplace, this multi-family property was extensively renovated in 2024. This is an excellent investment opportunity in Machias with a strong demand for rental properties. Furniture in the second level units conveys. Seller concessions available.

Room Features

Basement Description None, Not Applicable

Virtual Tours for 17 Bruce Street Machias, ME

Lot & Building Features

Cooling Heat Pump
Tax Year 2024
Taxes Paid $1,776

Unit Features

Unit 1 Full Baths 1
Unit 1 of Rooms 1
Unit 2 Full Baths 1
Unit 2 of Rooms 1
Unit 3 Full Baths 1
Unit 3 of Rooms 1
Unit 4 Full Baths 1
Unit 4 of Rooms 1

Price History of 17 Bruce Street, Machias, ME

Date Name Price Difference
11/30/2024 Listing Price $359,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 17 Bruce Street, Machias, ME

Location Map Street View
Photo of Elena Kosky
Direct: 603-738-6428
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by The Christopher Group, LLC, Shirley Erickson 877-350-4409
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0.49347040844679%
6.75%
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17 Bruce Street (MLS #1610395) is a other style multi-family listing located in Machias, ME. This multi-family listing is 1,650 sqft and on a lot of 6,098 sqft (or 0.14 acres) and is 54 years old. This property was listed on 11/30/2024 and has been priced for sale at $359,900.

Nearby zip codes are 04626, 04630, 04648, 04655 and 04691. This property neighbors other cities such as Cutler, East Machias, Machiasport, Marshfield and Whitneyville.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: The Christopher Group, LLC

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.