50 Davis Street
Presque Isle, ME 04769

$1,650,000
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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...
$1,650,000
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20
Full Baths
16,150 Sq Ft.
Interior
9.58 Acres
Exterior
Multi-Family Homes
Property type
1970
Year Built
1545772
Web Id
1545772
MLS ID
School Administrative District 01
School District

About 50 Davis Street

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!

Listing Courtesy of The Dot Fernald Team, Inc.

features

lot description
laminate flooring, Private Road

PROPERTY INFORMATION

Basement
Slab
Heating
Forced
Location
Intown, Mobile Home Park, Near Shopping, Neighborhood
Parking Description
On Site, Reserved
Sewer
Public Sewer
Style
Single Wide
Water
Public
Waterfront
No

EXTERIOR

Exterior Features
Other Exterior, Vinyl Siding
Roofing
Metal, Other, Shingle

INTERIOR

Flooring
Laminate, Other
Listing Courtesy of The Dot Fernald Team, Inc.
Listing Courtesy of The Dot Fernald Team, Inc.
Legacy Sotheby’s International Realty is your destination for luxury real estate listings. This property for Sale at 50 Davis Street, Presque Isle, Maine 04769 United States is a Multi-Family Homes with bedrooms, 20 full baths, and partial baths. It is located in , Presque Isle, Maine, and is in the 04769 zip/post code area. This home of 16,150 Sq.Ft. was built in 1970 and is on a 9.58 Acres lot. Legacy Sotheby’s International Realty also has property listings in cities near Presque Isle, including Presque Isle. If you would like more information about this home for Sale at 50 Davis Street, Presque Isle, Maine 04769 United States or would like to schedule a showing, contact the agent listed above for more information. You may also sign in, create an account, and save this listing for later reference by using icons at the top of this page.
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The Dot Fernald Team, Inc.

Listing Courtesy of The Dot Fernald Team, Inc.
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