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Five-Unit Apartment Building
New
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 Market1

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 2, Bathroom 1, Bathroom 4, Bathroom 3, Basement, Bathroom 5
Pets allowed No
Basement Sump Pump, Unfinished, Full
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 Last Checked: Aug 6 at 10:06AM
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.

This 3,692-square-foot apartment building contains five residential units: two studios, two one-bedroom apartments, and one two-bedroom apartment. The property is fully rented, with utilities included in the rents. A propane wall-hung boiler provides heating, and the building includes vinyl flooring, wood-frame construction, vinyl siding, and a shingle roof.

The 0.47-acre property at 10 Lyons Street in Machias includes off-street parking and a backyard. Public water and public sewer serve the building. A sizable storage area occupies the rear of the first floor and may support future reconfiguration or expansion, subject to municipal review and applicable zoning, code, and permitting requirements. The property was built in 1900 and is identified with multi zoning.

Key Highlights

  • Five‑unit apartment property with two studios, two one‑bedroom apartments, and one two‑bedroom apartment
  • Fully rented with utilities included in the rents
  • 3,692 square feet on a 0.47‑acre lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Auto Parts Store Grocery & Convenience Store 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
Yes
Utilities to site

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

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 rented property with studios, one-bedroom, and two-bedroom apartments plus off-street parking.
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 apartments, and one two‑bedroom apartment; Fully rented with utilities included in the rents; 3,692 square feet on a 0.47‑acre lot
More about this property
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