2020 - 11 Tax Acquired Property - 126 Mechanic Street

The City of Presque Isle is offering for sale a tax‑acquired parcel located at 126 Mechanic Street. Interested parties must submit a sealed bid by the deadline; the highest compliant bid will be accepted, and the purchaser must pay the full purchase price within 30 days of acceptance. The transaction is a straightforward real‑estate sale with no warranties on title or condition, and the buyer assumes all due‑diligence responsibilities. • 0.39‑acre (≈ 17,000 sq ft) lot, identified as Lot/Map 038‑137‑126. • Minimum reserve price $5,600; a 10 % bid deposit is required. • Bids due 12 Noon, 30 June 2020; City may accept a bid by 30 July 2020. • Full payment required within 30 days of acceptance; title transferred via Bill of Sale within 60 days after payment. • Sale is “as‑is” with no warranties; buyer must conduct title search and any needed code compliance.