17 Bruce Street

Machias, ME 04654

$359,900
Price
Beds
4
Baths
1,650 Sq. Ft.
$218 / Sq. Ft.
1,650
Sq. Ft.
$218
per Sq. Ft.

Description

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...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.
  1. Listed by Shirley Erickson • The Christopher Group, LLC

Property Details for 17 Bruce Street

Waterfront
No
ArchitecturalStyle
Other Style
Garage
No
Zoning
None
LISTING UPDATED: 12/02/2024 09:09 AM

Property Details for 17 Bruce Street

StatusActive
MLS #1610395
Days on Market4
Taxes$1,776 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1970
Lot Size0.14 AC / 6,098 SF
CountyWashington County

Building Information for 17 Bruce Street

Stories-Residences4Year Built1970Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 17 Bruce Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Directions: From Route 1 in downtown Machias, turn on Center Street. Take first right on Court Street and then take second left on Bruce Street. Follow Bruce Street to #17 on the right.
  • Town: Machias
  • State/Province: ME
  • Zip Code: 04654
  • County: Washington
  • Geo Latitude: 44.71792
  • Geo Longitude: -67.456838
  • Tax Lot: 65
  • Site:Level: Yes
  • Location:Interior Lot: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Neighborhood: Yes
  • Transportation:Major Road Access: Yes
  • Recreational Water:Lake/Fresh Water: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:Public: Yes
  • Recreational Water:River/Brook/Stream: Yes
Parking
  • Parking Features: No Driveway, 1 - 4 Spaces, On Site, Paved, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 4678
  • Tax Map Number: 15
  • Tax Year: 2024
  • Parcel Number: 17BruceStreetMachias04654
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $1,776.00
  • Restrictions:No Restrictions: Yes
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1650.0
  • Lot Size Acres: 0.14
  • Source of Acreage: Public Records
  • Building Area Total: 1650.0
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 17
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Quit Claim
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
  • Property Information:Color: White
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:No Driveway: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1970
Utilities
  • Electric: True
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Composition, Shingle
  • Patio and Porch Features:Deck: Yes
Interior Features
  • Basement: None, Not Applicable
  • Flooring: Laminate
  • Cooling: Heat Pump
  • Heating: Heat Pump, Baseboard
  • Foundation Details: Concrete Perimeter, Slab
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $48,300.00
  • Operating Expenses: $7,750.00
Multi-Family Information
  • Number of Units: 4
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $850.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 1.00
  • Unit 1:# of Bedrooms: .00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • Unit 1:Range: No
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $925.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 1.00
  • Unit 2:# of Bedrooms: .00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: No
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,050.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 1.00
  • Unit 3:# of Bedrooms: .00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: No
  • Unit 3:Heat: No
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: No
  • Unit 4:Level: Second
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,200.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 1.00
  • Unit 4:# of Bedrooms: .00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: Yes
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 4
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 17 Bruce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 17 Bruce Street

Taxable ValueLand$22,300Additions$51,800Total$74,100
Tax Record2023$1,682 ($140 / month)
Home Facts
Baths5Total Finished SqFt825 SqFtAbove Grade Finished SqFt825 SqFtStories1Lot Size6,098 SqFtStyleMulti-Family Res (5+ Units)Year Built1970ZoningNONECountyWASHINGTONAPNMCHA M:015 L:065

Schools near 17 Bruce Street

This home is within Machias Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Rose M Gaffney School
PublicPK to 8

Machias Memorial High School
Public9 to 12

Machias Valley Christian School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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17 Bruce Street is a multi-family home for sale in Machias, ME 04654. This property was listed for sale on November 30, 2024 by The Christopher Group, LLC, it's currently listed at $359,900. It has been on the market for a total of 4 days and was last sold on June 10, 2015. This listing's school district is Machias Public Schools. Nearby schools include Rose M Gaffney School, Machias Memorial High School and Machias Valley Christian School. 17 Bruce Street is a 0-bed, 4-bath, 1,650 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Christopher Group, LLC

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.