21 Colonial Way, Machias, ME 04654

Excellent opportunity to own a versatile two-unit property in the heart of Machias, now with a freshly updated second-floor unit! 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, and has just been refreshed with all new paint throughout, tongue and groove pine on select ceilings and walls, freshly painted kitchen cabinets, refinished hardwood floors in the living room, and all new light fixtures. Move-in ready and rent-ready. 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.

MULTI-FAMILY INVESTMENT PROPERTY NEAR CENTER OF MACHIAS: An intown, multi-family property ideally situated in the heart of Machias offering easy access to business amenities and walking distance to the University of Maine at Machias. This stately, two-story building is reminiscent of an earlier time with a blend of period character and modern conveniences and is located across the street from the Burnham Tavern Museum, a prominent National Historic Site. The property consists of two, two-bedroom apartments with dedicated off-street parking for each unit. The main level unit includes a living room, two bedrooms, a full bath, and eat-in kitchen. Accessed via exterior stairs, the second level unit has a living/dining room area, two bedrooms, a full bath, and kitchen. This income producing property offers numerous possibilities for the new owner. The main level unit has been used in the past for both commercial and residential purposes. The Machias Bay area is the perfect spot for residents and visitors to enjoy a wide-range of outdoor activities such as hiking, kayaking, and biking. 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.