50 Davis StreetPresque Isle, ME 04769MLS Number 1536702

  • Price: $1,650,000
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Federal 30-year interest rate: 6.6% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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50 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 0476950 Davis Street Presque Isle ME 04769
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  • 9.58Acreage
Presque Isle Mobile Home Park is an excellent turnkey investment property located in the middle of the beautiful town of Presque Isle, Maine - the largest town in Northern Maine above Bangor. This Mobile Home Park is the largest park in Northern Maine with 85 Licensed Pads, a single-family home, and situated on 9.58 acres. Public water & sewer and private paved roads. Seller is also offering a credit of $50,000. This will help cover the cost of a new sewer line (estimated replacement is $20,000) and help fill vacant lots with new homes. Great opportunity for profit growth! Consistent occupancy and a waiting list for prospective tenants. Presque Isle is located on the border of USA and Canada. Economically, it has gone through the strongest upswing in decades. The subject property presents a prime investment with an actual in going Cap rate of 10.34% with an enormous opportunity to create upside by bringing in more homes to rent. Northern Maine, particularly Presque Isle, has a classic New England feel of going back in time. Walking distance to the mall, Walmart and Downtown. It is 1 to 2 blocks off the Main Street, which is walking distance to the Banks, Fast Food, & other Main Street Businesses. Come check it out and make it your very own today!
Listed by The Dot Fernald Team,Inc.

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Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number50
  • StreetDavis Street

Building

  • Total Units85

Property

  • Acreage9.58
  • Sq Ft Finished Total708
  • Leased LandNo

Property Information

  • Property UsesMobile/Trailer Park

Tax Information

  • Tax Year2,021

Location

  • StateME
  • TownPresque Isle
  • Zip04769
  • LocationMobile Home Park, Near Shopping
  • CountyAroostook
  • Map44

Utilities

  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • ElectricOn Site
  • GasNo Gas

Other

  • Parking SpacesOn Site, Reserved
  • View Count5

Basic Information

  • List Price$1,650,000
  • MLS Number1536702
  • Address50 Davis Street
  • Broker NameThe Dot Fernald Team, Inc.
  • Modification Date01/13/2023
  • Virtual TourView Tour
  • Agent ID018967
  • Broker ID2852
  • MLS StatusActive
  • Property SubTypeGeneral Commercial

Photos

  • Number of Photos33
  • Last Img Trans Date08/15/2022

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