Riverfront Investment Property

$ 524,000
20 Canal Street, ,
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Overview

  • Updated On:
  • September 7, 2024
  • acre symbol
  • 1.91 Acres
  • 1,790.00 ft2

Description

Discover an exciting investment opportunity with unlimited possibilities on the Machias River. This property features a 3-unit apartment building with a first-floor 2-bedroom unit, a second-floor 2-bedroom unit, and a spacious two-story 3-bedroom unit facing the river. The river unit has been completely redone from head to toe and is move-in ready, featuring all new appliances, flooring, paint, and vanities. Ample parking is available, along with a former commercial building and a small shed.

A standout feature is the flexible zoning, allowing you to build within 25′ of the water’s edge. Whether you’re considering cabins, a hotel, commercial enterprises, or residential development, this property caters to all.

Situated on 1.91 acres of surveyed land, annual taxes are $3,418.62. Don’t miss this unique opportunity to invest in a property with boundless potential.

PROPERTY FEATURES:

River front property
Commercial space opportunity
Income generating property
Investment opportunity
Riverfront Property

Address: 20 Canal St
City:
State/County:
Zip: 04654
Country: United States
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Property Id : 291319
Price: $ 524,000
Property Size: 1,790.00 ft2
County: Washington County
Lot Size (AC): 1.91000
Year Built: 1900
Listing ID: 18015-10492
Office ID: 2413
Listing Address: 20 Canal Street

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Spencer Wood