Duplex with Subdividable
For Sale
$345,000
217 Houlton Road, Presque Isle, ME 04769
Three tenant-occupied units are housed across two separate buildings on subdividable, wooded acreage.
Property Size4,742 SF
Lot Size121.50 Acres
Price / SF$72.75
Days on Market151
Property Features for 217 Houlton Road
General Information
Standard status
Active
Size
4,742 SF
Lot size
121.50 Acres
Property subtype
Multi-family
Occupancy
100%
Additional Details
Multifamily Units
3
Building Details
Year Built
1960
Tenancy
Multi
Listing Agency:
RE/MAX County
Listed By:
Leigh Smith
(603) 866-2942
Source:
Profoundrealestate
Added: Apr 15
Changed: Sep 11
Last Checked: Sep 11 at 1:32PM
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 RE/MAX County
Investment Insights
Based on property information with market context.
This duplex-style residential income property includes subdividable land and two separate buildings already in place, with three fully tenant-occupied units at the time of listing. One building offers a spacious main level with three bedrooms and two full bathrooms, along with a lower level that includes a separate two-bedroom unit. A second detached building adds additional housing within the overall site.
Set in a rural setting, the property is described as being minutes from local schools and shopping, with woods and rolling landscape making up more than 120 acres of the total acreage.
For buyers seeking an income-producing layout alongside land that may support future planning, the offering pairs current, established occupancy with substantial acreage available for subdividing.
Set in a rural setting, the property is described as being minutes from local schools and shopping, with woods and rolling landscape making up more than 120 acres of the total acreage.
For buyers seeking an income-producing layout alongside land that may support future planning, the offering pairs current, established occupancy with substantial acreage available for subdividing.
Key Highlights
- 121.5 acres of subdividable, wooded land with rolling landscape and privacy
- Three fully tenant‑occupied units across two separate buildings
- Building 1 includes a main level with 3 bedrooms and 2 full bathrooms plus a separate 2‑bedroom unit on the lower level
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three tenant-occupied units are housed across two separate buildings on subdividable, wooded acreage.
Where is this multifamily property located?
The property is located at 217 Houlton Road Presque Isle, ME.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 121.5 acres of subdividable, wooded land with rolling landscape and privacy; Three fully tenant‑occupied units across two separate buildings; Building 1 includes a main level with 3 bedrooms and 2 full bathrooms plus a separate 2‑bedroom unit on the lower level
