Four-Unit Downtown Multifamily
160 State Street, Presque Isle, ME 04769
For Sale
$199,900
Fully occupied building with separate electric meters and direct sidewalk entry for the first-floor residences.
Property Size3,978 SF
Price / SF$50.25
Days on Market206
Property Features for 160 State Street
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
NextHome Discover
Listed By:
Daniel Castle Courtney Castle
(207) 762-6398
Source:
Integrityhomesrealestategroup
Added: Apr 23
Changed: Nov 11
Last Checked: Nov 13 at 7:40PM
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 NextHome Discover
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Investment Insights
Based on property information with market context.
At 160 State Street, this 3,978-square-foot multifamily building contains four units: three one-bedroom apartments and one two-bedroom apartment. Built in 1917, it has direct sidewalk entrances for the first-floor units; the two upper-level units use a shared staircase. The building is heated by an oil-fired hot water boiler, and each apartment has a separate electric meter.
The property is fully occupied and located in downtown Presque Isle. The landlord pays for heat, water and sewer, and garbage removal, while tenants cover their own electric use. The site has little yard area to maintain.
The property is fully occupied and located in downtown Presque Isle. The landlord pays for heat, water and sewer, and garbage removal, while tenants cover their own electric use. The site has little yard area to maintain.
Key Highlights
- Four occupied apartments: three 1‑bedroom units and one 2‑bedroom unit
- 3,978‑square‑foot building constructed in 1917
- First‑floor units have individual sidewalk entrances; two upper units share a staircase
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
Explore this area
Business Placement
Demographics for 04769, ME
8,797
Population
4,568
Households
1.9
Avg Household Size
45
Median Age
27%
College-Educated
93%
High-School Grad
75.8 sq mi
ZIP Area
116
Density / Sq Mi
$57,396
Median Household Income
$38,091
Median Earnings
$875
Median Rent
$142,400
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Aroostook County, ME
Properties on Market for Quadplexes in Aroostook County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied building with separate electric meters and direct sidewalk entry for the first-floor residences.
Where is this quadplex located?
The property is located at 160 State Street Presque Isle, ME.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Four occupied apartments: three 1‑bedroom units and one 2‑bedroom unit; 3,978‑square‑foot building constructed in 1917; First‑floor units have individual sidewalk entrances; two upper units share a staircase
