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Renovated Triplex with River Views

20 Canal Street, Machias, ME 04654

For Sale
$459,000

Three updated units offer a mix of short-term rental, month-to-month tenancy, and owner-occupancy options.

Property Size3,009 SF
Price / SF$152.54
Days on Market158

Property Features for 20 Canal Street

General Information

Standard status Active
Size 3,009 SF
Property subtype Multi Family Home
Zoning General Use

Units

Unit Mix 1 x 3BR/2BA, 2 x 2BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,248

Building Details

Building Size 3,009 SF
Year Built 1997
Units 3
Listing Agency: Real Broker
Listed By: Brandon Howland · License ME BA927547
Source: Integrityhomesrealestategroup
Added: Jun 10 Changed: Nov 11 Last Checked: Nov 12 at 8:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker

Rey
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Investment Insights

Based on property information with market context.

This renovated triplex contains 3,009 square feet across three units. Unit C is a 1,274-square-foot cape with three bedrooms, two baths, a private basement with interior and walk-out access, and a living room window facing the Machias River. It operates as an active short-term rental. Unit A measures 920 square feet and includes a basement; Unit B contains 815 square feet. Both are two-bedroom units with year-round, month-to-month tenants. The original structure dates to the mid-1800s, while Unit C was built in 1997.

Renovations across all three units include new flooring, trim, cabinets, and countertops. The property is in Machias, with river views from Unit C. The units support a combination of short-term rental, month-to-month rental, or owner occupancy, as described for the property.

Key Highlights

  • Three‑unit property totaling 3,009 square feet
  • Unit C: 1,274 square feet, three bedrooms, two baths, private basement with interior and walk‑out access
  • Unit A: 920 square feet with its own basement; Unit B: 815 square feet

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

366
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three updated units offer a mix of short-term rental, month-to-month tenancy, and owner-occupancy options.
Where is this triplex located?
The property is located at 20 Canal Street Machias, ME.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Three‑unit property totaling 3,009 square feet; Unit C: 1,274 square feet, three bedrooms, two baths, private basement with interior and walk‑out access; Unit A: 920 square feet with its own basement; Unit B: 815 square feet
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