This home's estimate is 73.1% higher than the average sale price ($128K) of 6 comparable homes.
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160 State St, Presque Isle, ME 04769
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About this home
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.
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Market trends in 04769, ME
Last updated August 2026
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Sale and tax history for 160 State St
- Sale History
- Tax History
$45/sq ft
$50/sq ft
$22/sq ft
$30/sq ft
Public record
Property details
Parking
- Parking Information
- Parking Features: No Driveway, Off Site, Off Street
Interior
- Bathroom Information
- # of Baths (Full): 4
- Basement Information
- Basement Entry: Interior Entry, Full, Unfinished
- Interior Features
- Flooring: Carpet, Vinyl, Wood
Exterior
- Building Information
- Construction Materials: Block, Wood Siding
- Roof: Flat, Tar/Gravel
- Total Building Area (Sq. Ft.): 3,978
- Property Information
- Year Built: 1917
- Above-Grade Finished Area (Sq. Ft.): 3,978
- Lot Information
- Lot Size (Sq. Ft.): $1,742.40
- Lot Size (Acres): 0.04
- Lot Size Source: Public Records
- Lot Features: Intown, Near Shopping, Level, Sidewalks, Near Public Transit
- Road Surface Type: Paved
- Zoning: Retail Business
Financial
- Tax Information
- Annual Tax Amount: $2,151
- Tax Year: 2024
Utilities
- Utility Information
- Has Heating
- Heating: Baseboard, Hot Water
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities: Utilities On
- Utilities On: Yes
- Water Source: Public
- Water Heater: Electric
Location
- Multi-Unit Information
- # of Units Total: 4
- # of 1 Bedroom Units: 3
- # of 2 Bedroom Units: 1
- Operating Expense: $11,319.24
- Gross Income: $40,500
- Unit 1 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 3
- Actual Rent: $925
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: No
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 3
- Actual Rent: $800
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: No
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 3 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 3
- Actual Rent: $800
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: No
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 4 Information
- # of Baths (Full): 1
- # of Bedrooms: 2
- # of Rooms: 4
- Actual Rent: $850
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: No
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Location Information
- Unparsed Address: 160 State Street, Presque Isle, ME 04769
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 3,978
- Stories: 2.0
- Lot Size: 1,742 square feet
- Style: Other
- Year Built: 1917
- Year Renovated: 2001
- County: Aroostook County
- APN: 737052
Around this home
Schools
Public PreK-2 • Assigned • 0.7mi
Public 6-8 • Assigned • 1.6mi
Public 9-12 • Assigned • 0.7mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 88° expected this year, 15 days in 30 years
11% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
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Nearby similar homes
New listings for sale in 04769
Home values near 160 State St
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 4320 Sq. Ft. | — |
- Beds | - Baths | 932 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
- Beds | - Baths | 1209 Sq. Ft. | — |
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