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Five-Unit Apartment Building
For Sale
$375,000

10 Lyons Street, Machias, ME 04654

Multi-Family, Machias, ME

Property Size3,692 SF
Lot Size0.47 Acres
Price / SF$101.57
Days on Market45

Property Features for 10 Lyons Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning multi
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 3, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 4, Basement
Pets allowed No
Basement Full, Sump Pump, Unfinished
Lot features Pasture/ Field, Level, Interior Lot, Intown, Neighborhood
Standard status Active
Size 3,692 SF
Lot size 0.47 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4267

Utilities

Sewer type Public Sewer
Heating system Propane (Heating), Hot Water(Heating), Baseboard
Water source Public

Amenities

off-street parking
backyard
storage area

Building Details

Year built 1900
Number of units 5
Flooring type Vinyl
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Listing Agency: EXP Realty
Listed By: Jason Erwin
Added: Aug 6 Changed: Sep 14 Last Checked: Sep 19 at 5:06PM
MLS# 1674980

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 10 Lyons Street, this 3,692-square-foot apartment property contains five units: two studios, two one-bedroom apartments, and one two-bedroom apartment. The building dates to 1900 and features wood-frame construction with vinyl siding, vinyl flooring, a shingle roof, and baseboard heating supplied by a propane hot-water system. Public water and sewer serve the property, and utilities are included in the rents.

All five apartments are rented. The property includes off-street parking, a backyard, basement space, and a substantial storage area at the rear of the first floor. That area may support expansion of an existing apartment or conversion to an additional unit, subject to municipal review of zoning, building code, and permitting requirements. The property is on a quiet street near downtown Machias and local amenities.

Key Highlights

  • Five‑unit apartment property with two studios, two one‑bedroom units, and one two‑bedroom unit
  • 3,692 square feet on a 0.47‑acre parcel
  • All five apartments are fully rented with utilities included in rents

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Auto Parts Store Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby

Demographics for 04654, ME

3,312
Population
1,928
Households
1.7
Avg Household Size
45
Median Age
25%
College-Educated
89%
High-School Grad
120.8 sq mi
ZIP Area
27
Density / Sq Mi
$48,049
Median Household Income
$28,889
Median Earnings
$721
Median Rent
$164,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased residential property with varied unit layouts, off-street parking, and a rear storage area.
Where is this apartment building located?
The property is located at 10 Lyons Street Machias, ME.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Five‑unit apartment property with two studios, two one‑bedroom units, and one two‑bedroom unit; 3,692 square feet on a 0.47‑acre parcel; All five apartments are fully rented with utilities included in rents
More about this property
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