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160 State Street, 
Presque Isle, ME 04769

$199,900

—

Bed

4

Baths

3,978

Sq Ft

Multi-Family

Active

Listed by

Daniel Castle Courtney Castle

Nexthome Discover

Last updated:

April 30, 2026, 08:52 PM

MLS#

1659052

Source:

ME MREIS

About This Home

160 State Street

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.

Home Facts

Multi-Family

4 Baths

Built in 1917

Price Summary

199,900

$50 per Sq. Ft.

MLS #:

1659052

Last Updated:

April 30, 2026, 08:52 PM

Rooms & Interior

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,978 Sq. Ft.

Structure

Structure

Building Area:

3,978 Sq. Ft.

Year Built:

1917

Lot

Lot Size (Sq. Ft):

1,742

Finances & Disclosures

Finances

Price:

$199,900

Price per Sq. Ft:

$50 per Sq. Ft.

MLS Logo
MREIS Multiple Listing Service™ systemListing 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.