$307,000
SOLD FEB 28, 2025

82 Houlton Rd Presque Isle, ME 04769

-- Bed
7 Baths
3,528 Sq Ft
2.75 Acres

Recently Sold

$87 Per Sq Ft

12% Below List Price

Highlights

  • Wood Flooring
  • No HOA
  • Hot Water Heating System
  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Lot Has A Rolling Slope

About This Home

As of February 2025

Charming Multi-Family Investment Opportunity in Presque Isle!

Discover a fantastic investment opportunity at 82 Houlton Road, Presque Isle, ME 04769! This farmhouse-style, 6-unit apartment building sits on a spacious 3,528 sqft lot in a peaceful rural setting, offering the perfect blend of country charm and rental income potential.

With six rental units plus an additional mobile home pad rental, this property provides steady cash flow and room for expansion. Whether you're an experienced investor or looking to start your real estate portfolio, this property presents an incredible opportunity to generate passive income in a desirable location.

Enjoy the quiet charm of Maine's countryside while still being close to Presque Isle's amenities. Don't miss out on this rare find—schedule your showing today!

Last Agent to Sell the Property

Leigh Smith

RE/MAX County Listed on: 02/14/2025

Last Buyer's Agent

Leigh Smith

RE/MAX County Listed on: 02/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 1910

Lot Details

  • 2.75 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Home Design

  • 3,528 Sq Ft Home
  • Farmhouse Style Home
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Coal
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 082 / 343
  • Assessor Parcel Number PREE-000008-000343-000082

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Operating Expense $21,415
  • Gross Income $41,885

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,930

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.75
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3528.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 2.75
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 3528.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 7
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 41885.0
  • Income Expenses Operating Expenses: 21415.0
  • Parking:On Site2: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Exterior:Aluminum Siding: Yes
  • Heat Fuel:Coal: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 7
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Aluminum Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Common, On Site, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 119790.0
  • Parcel #: PREE-000008-000343-000082
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 41885.0
  • Annual Operating Expense: 21415.0

Tax Info

  • Tax Annual Amount: 3930.0
  • Tax Block: 343
  • Tax Book Number: 5038
  • Tax Lot: 082
  • Tax Map Number: 008
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Feb 28, 2025
Sold by
Lss Holdings Llc
Bought by
Gc Rentals Llc
Seller's Agent
Leigh Smith
RE/MAX County
Buyer's Agent
Leigh Smith
RE/MAX County
List Price
$350,000
Sold Price
$307,000
Premium/Discount to List
-$43,000
-12.29%
Views
3
Current Estimated Value
$308,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,382
Avg. Annual Appreciation
1.37%
Original Mortgage
$245,600
Outstanding Balance
$244,997
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$63,385
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $307,000 None Available
Warranty Deed $307,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,600 Purchase Money Mortgage
Closed $245,600 Purchase Money Mortgage
Closed $95,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $307,000 -12.3% $87 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $350,000 -- $99 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,930 $184,500 $20,500 $164,000
2023 $3,288 $145,500 $18,200 $127,300
2022 $3,456 $145,500 $18,200 $127,300
2021 $3,447 $138,700 $18,200 $120,500
2020 $3,306 $132,500 $17,700 $114,800
2019 $3,311 $132,500 $17,700 $114,800
2018 $3,421 $132,500 $17,700 $114,800
2017 $3,392 $132,500 $17,700 $114,800
2016 $3,318 $129,200 $17,700 $111,500
2015 $3,208 $126,000 $14,500 $111,500
2014 $3,203 $126,000 $14,500 $111,500
2013 $3,112 $126,000 $14,500 $111,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1614461

Maine Listings

APN: PREE-000008-000343-000082