Presque Isle, ME, 04769 | $99,900

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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