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Four-Unit Property with Owner’s Unit
New
For Sale
$255,000

7 2nd St, Presque Isle, ME 04769

Residential income property with a spacious primary residence and three additional apartments in an in-town setting.

Property Size4,134 SF
Price / SF$61.68
Days on Market2

Property Features for 7 2nd St

General Information

Standard status Active
Size 4,134 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence exterior could use some fresh paint

Units

Unit Mix 1 x 4BR/3BA, 1 x 1BR, 2 x 2BR
Multifamily Units 4

Building Details

Year Built 1921
Listed By: Pouliot Real Estate
Source: Pouliotrealestate
Added: Sep 6 Last Checked: Sep 7 at 7:05AM

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 Pouliot Real Estate

Investment Insights

Based on property information with market context.

Built in 1921, this 4,134-square-foot quadplex combines a substantial owner-occupied residence with three separate rental apartments. The main unit includes four bedrooms, three bathrooms, an updated kitchen, a living room with fireplace, and period character. The apartment mix consists of one one-bedroom unit and two two-bedroom units.

Property improvements include updated windows, electrical work, the furnace, and additional interior updates. The exterior requires fresh paint, allowing the next owner to address the finish according to their plans. Located at 7 2nd St in Presque Isle, the property offers an in-town setting near local amenities and supports an owner-occupant configuration with additional residential units on site.

Key Highlights

  • 4,134 SF quadplex built in 1921
  • Four‑bedroom, three‑bath primary residence
  • Unit mix includes one 1‑bedroom and two 2‑bedroom apartments

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Electrical Service Real Estate Agency Bakery

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby

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

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Residential income property with a spacious primary residence and three additional apartments in an in-town setting.
Where is this quadplex located?
The property is located at 7 2nd St Presque Isle, ME.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 4,134 SF quadplex built in 1921; Four‑bedroom, three‑bath primary residence; Unit mix includes one 1‑bedroom and two 2‑bedroom apartments
More about this property
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