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.

Property Features