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$180,000
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Property Description
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.
Full Property Details
Full Property Details for 160 State St
General
- Sold For: $180,000
- Taxes: $2,151 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1659052
- Added to Site: 77 day(s) ago
Interior
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Parking
- Parking Features: No Driveway, Off Site, Off Street
Location
- County: Aroostook
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Baseboard, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Other
- Construction: Other, Block, Wood Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Full, Unfinished
- Roof: Flat, Tar/Gravel
- Stories/Levels: 2
- Square Feet: 3,978
- Finished Total: 3,978 Sq. Ft.
- Finished Above Grnd: 3,978 Sq. Ft.
- Year Built: 1917
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742.4
- Zoning: Retail Business
- Lot Description: Intown, Near Shopping, Level, Sidewalks, Near Public Transit
Financial Considerations
- Operating Expenses: $11,319.24
- Tax Amount: $2,151
- Tax Year: 2024
Disclosures and Reports
- Block: 187
- Lot Number: 160
Listed and Sold by NextHome Discover (207) 762-6398
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Schools
Schools serving 160 State St
School District:School Administrative District 01
| Name | Grades | Distance |
|---|---|---|
Eva Hoyt Zippel School 42 Griffin Street, Presque Isle, ME 04769 | 3-5 | 0.7 mi |
Pine Street Elementary School 50 Pine Street, Presque Isle, ME 04769 | PK-2 | 0.7 mi |
Mapleton Elementary School 1642 Main Street, Mapleton, ME 04757 | PK-5 | 6.4 mi |
Presque Isle Middle School 569 Skyway Street, Presque Isle, ME 04769 | 6-8 | 1.6 mi |
Presque Isle High School 16 Griffin Street, Presque Isle, ME 04769 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 160 State St
Date
Details
Price
Change
Source
6/30/2026
Sold
$180,000
-9.95%
MLS
4/23/2026
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
160 State Street, Presque Isle, ME 04769 (MLS# 1659052) is a Multi-Family property that was sold at $180,000 on June 30, 2026. Want to learn more about 160 State Street? Do you have questions about finding other Multi-Family real estate for sale in Presque Isle? You can browse all Presque Isle real estate or contact a Coldwell Banker agent to request more information.

