Closed

$180,000

160 State Street, Presque Isle, ME 04769

5beds

3,978sqft

Multi Family

Built in 1917

-- sqft lot

$180,800 Zestimate^®

$45/sqft

$1,379 Estimated rent

Home value

$180,800

Estimated sales range

Not available

$1,379/mo

Zestimate^® history

Owner options

List your home for rent

$1,379/mo

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$1,379/mo

Rent Zestimate^®

Refinance and save

$1,192/mo

Est. payment

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$1,192/mo

Est. payment

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What's special

Attention investors! Here is an opportunity to acquire a fully occupied 4-unit property in downtown Presque Isle. 160 State Street consists of three 1-bedroom units and one 2-bedroom unit, offering an established income-producing setup. The location keeps exterior maintenance to a minimum with very little yard space to manage. Each first-floor unit has its own direct entrance from the sidewalk, while the two upstairs units share a common staircase. The units have been nicely maintained, and the building is heated by an oil-fired hot water boiler. Each unit is separately metered for electricity, with tenants paying their own electric usage. The landlord currently pays heat, water and sewer, and garbage removal.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Hot Water

Cooling

None

Features

Flooring: Carpet, Vinyl, Wood
Basement: Interior Entry,Full,Unfinished

Interior area

Total structure area: 3,978
Total interior livable area: 3,978 sqft
Finished area above ground: 3,978
Finished area below ground: 0

Property

Parking

Parking features: No Driveway, Off Site, Off Street

Features

Stories: 2

Lot

Size: 1,742 Square Feet
Features: City Lot, Near Shopping, Level, Sidewalks

Details

Parcel number: 160State StreetPresqueI35187160
Zoning: Retail Business

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Other, Block, Wood Siding
Foundation: Poured Concrete
Roof: Flat,Tar/Gravel

Condition

Year built: 1917

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Presque Isle

Financial & listing details

Price per square foot: $45/sqft
Annual tax amount: $2,151
Date on market: 4/23/2026
Road surface type: Paved

Price history

Date	Event	Price
6/30/2026	Sold	$180,000-10%$45/sqft
Source: Maine Listings #1659052 Report a problem
5/11/2026	Pending sale	$199,900$50/sqft
Source: Maine Listings #1659052 Report a problem
4/23/2026	Listed for sale	$199,900$50/sqft
Source: Maine Listings #1659052 Report a problem