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  5. ›2020 - 6 Tax Acquired Property - 6 Turner Street

City of Presque Isle·Maine

2020 - 6 Tax Acquired Property - 6 Turner Street

Closes 6/30/2020$10k – $50kInvitation for Bid
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Description

This solicitation invites sealed bids for the purchase of a tax‑acquired parcel located at 6 Turner Street, Presque Isle, Maine. The City will sell the 0.13‑acre lot “as‑is” with no warranties on title, and the successful bidder must provide a deposit equal to at least 10 % of the bid price, pay the full purchase price within 30 days of acceptance, and take title within 60 days after full payment. The transaction is a one‑time real‑estate sale rather than a services contract. • Minimum acceptable bid is $8,100; deposits are 10 % of the bid (e.g., $810 for the minimum). • Bids must be received by noon on June 30 2020, sealed and mailed or hand‑delivered to the City Clerk’s Office. • The City may accept any bid within 30 days after the deadline and will deliver a Bill of Sale within 60 days after full payment; title is transferred “as‑is.”

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
7/7/2026
Closes
6/30/2020
Duration
90 days

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531210
Solicitation №
2020-6 Tax Acquired Property - 6 Turner Street

Budget estimate

$10,000 – $50,000

The document does not specify any payment to a contractor; the “budget” would be the profit a buyer could realize by reselling or developing the land. Assuming a modest redevelopment or resale scenario, a buyer might expect a net profit ranging from a few thousand dollars up to several tens of thousands, depending on market conditions, holding costs, and any improvements made.

AI estimate from the solicitation

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