Presque Isle, ME 04769
sale
$99,900
|
Other
Courtesy Of Big Bear Real Estate
175 Academy, Presque Isle, ME 04769
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 4
- Exterior Type: Clapboard
- Exterior Type: Wood Frame
- Floor Covering: Carpet
- Heating System: Hot Water(Heating)
- MLSID: 1648949
- Roof Type: Shingle
- Rooms: Basement
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