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Presque Isle

$99,900

beds   ·   baths   ·   10,000 sqft   ·   0.58 acres   ·   taxes: $5,342   ·   MLS#: 1648949

Commercial building with 4 apartment units on the second floor. 1 unit has 2 bedrooms and the other 3 are 1 bedroom units. On site laundry is set between the 4 units. The main level has 2 large commercial spaces. Building has a full sprinkler system that is currently out of service and is zoned Urban Residential 2 and Business. Property includes parking lot across the street of nearly 1/4 acre, enough to park multiple cars. The full basement is under the entire building and would be the perfect place for storage. Building is sprinklered and is zoned Urban Residential 2 and Business. This property would make a great investment as the income from the units would pay the mortgage and property taxes. Due to deferred maintenance the building is being sold ''as is'' and a property inspection is recommended. It will be conveyed with a municipal release deed, which may require a cash buyer.The Seller's title is premised upon the statutory foreclosure of Municipal Tax Lien(s) pursuant to 36 M.R.S. §943. As such, the Seller will provide only a Municipal Release Deed, without warranty or covenant of good, marketable, or insurable title.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1900
  • Flooring : Carpet
  • Roof : Shingle
  • Basement : Full
  • Heating : Hot Water
  • Cooling : None

Site

  • Water Frontage : Yes
  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : Urb Res 2, business
Listing provided by Big Bear Real Estate Company

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy