Here is an opportunity to invest in a two-unit apartment building with excellent rental income potential. Many updates have been completed recently to freshen things up and ensure both units are move-in ready. Each apartment encompasses over 1,000 square feet of living space and includes two bedrooms and a full bathroom. Both floors have secure entry from the front or back of the house, with a shared laundry space and additional entryway on the first floor. Three garage spaces provide a valuable amenity for tenants. There is also a bonus shed on the property that would be great for extra storage or to be converted into a playhouse, man-cave, she-shed, take your pick! Conveniently located in proximity to all of Presque Isle's amenities including schools, health care, recreation, community activities, entertainment, retail, restaurants, banking, etc. Everything you need is easily accessible without a lengthy commute. This could be your next smart investment!
Closed
$185,000
56 Academy Street, Presque Isle, ME 04769
4beds
2,348sqft
Multi Family
Built in 1920
-- sqft lot
$189,600 Zestimate®
$79/sqft
$1,107 Estimated rent
Home value
$189,600
$152,000 - $229,000
$1,107/mo
Zestimate® history
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Owner options
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$1,107/mo
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Rent Zestimate®
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$1,235/mo
Est. payment
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See today's rates$1,235/mo
Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: January 17, 2025 at 07:11pm
Listed by:
Fields Realty LLC bri.bubar@gmail.com
Bought with:
Kieffer Real Estate
Source: Maine Listings,MLS#: 1594039
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Heat Pump, Hot Water, Stove
Cooling
- Heat Pump
Features
- 1st Floor Bedroom, One-Floor Living, Shower
- Flooring: Carpet, Laminate, Tile, Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 2,348
- Total interior livable area: 2,348 sqft
- Finished area above ground: 2,348
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Paved, 1 - 4 Spaces, Garage Door Opener, Detached, Storage
- Garage spaces: 3
Features
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 0.42 Acres
- Features: City Lot, Near Shopping, Neighborhood, Rolling Slope, Sidewalks, Wooded
Details
- Additional structures: Shed(s)
- Parcel number: PREEM032B001L056
- Zoning: Suburban Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Metal
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Presque Isle
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2024 | Listing removed | -- |
Source:  Maine Listings #1594012 Report a problem | ||
| 8/19/2024 | Pending sale | $219,600+18.7%$94/sqft |
Source: Maine Listings #1594039 Report a problem | ||
| 8/15/2024 | Sold | $185,000-15.8%$79/sqft |
Source: Maine Listings #1594039 Report a problem | ||
| 6/26/2024 | Contingent | $219,600$94/sqft |
Source: Maine Listings #1594039 Report a problem | ||
| 6/19/2024 | Listed for sale | $219,600-32.8%$94/sqft |
Source: Maine Listings #1594012 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,499 +18.4% | $211,200 +25.6% |
| 2023 | $3,801 -4.9% | $168,200 |
| 2022 | $3,995 +0.4% | $168,200 +5% |
Find assessor info on the county website
Neighborhood: 04769
Nearby schools
GreatSchools rating
- NAPine Street Elementary SchoolGrades: PK-2Distance: 0.4 mi
- 7/10Presque Isle Middle SchoolGrades: 6-8Distance: 2 mi
- 6/10Presque Isle High SchoolGrades: 9-12Distance: 0.6 mi
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- Maine
- Aroostook County
- Presque Isle
- 04769
- 56 Academy Street