About this home
Welcome to 240 State Street, a property with unique potential located on the corner of State and Third Street in Presque Isle. Currently arranged as a single-family home used as an apartment building, the structure includes nine bedrooms and three bathrooms, offering flexible space that could be reimagined for a variety of purposes. With its size and location, the property opens the door to redevelopment, renovation, or a complete rebuild. The corner lot provides excellent visibility and access, making it a prime setting for those looking to invest in intown Presque Isle. Whether you envision restoring the home, converting it into updated rental housing, or removing the structure to create a new building site, this location gives you options in a high-traffic, central part of town. With schools, shopping, and community amenities nearby, the property combines convenience with opportunity. If you are seeking a project in a strategic location, 240 State Street is ready for its next chapter. Schedule your showing today to explore the possibilities!
Listing last checked: Listing updated:
Listed by Listing Agent · RE/MAX County · MLS #1686883
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Details at a glance
Interior5 property facts
- Rooms
- 12
- Heating
- Oil, Hot Water
- Cooling
- None
- Flooring
- Carpet, Tile, Vinyl, Wood
- Fireplaces
- 1
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1900
- Garage
- 2
- Foundation
- Stone, Brick/Mortar
- Roof
- Metal, Shingle
Land & utilities4 property facts
- Lot size
- 0.3 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Urban Res 2
Financial2 property facts
- Annual taxes
- $3,455
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $110,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$844 / monthAdjust
- Principal & interest
- $556
- Property tax
- $288
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,455. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 240 State Street
Can I request a private showing?
Request a tour of 240 State Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.