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1 Water Street

Caribou, ME 04736
  • $3,750,000
  • STATUS: Active
  • MLS #: 1578682
UPDATED: 75 min ago
$3,750,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 6,102
    SQFT
Type:
Multi-Family
Built:
1918
County:
Area:

School Ratings & Info

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Description

Investors take notice! Fantastic opportunity to own a large portfolio in Northern Maine. A total of 18 buildings throughout Caribou, Limestone, Madawaska, and Van Buren. 3 Commercial Spaces, 1 garage rental, and 77 residential units. All properties except for one multi-unit have public water and public sewer! In-town lots close to amenities and convenient travel for management. Many units are in great shape with cosmetic, roof, and boilers updates and some units need a little TLC to increase rental income. Lots of potential with this opportunity. Come check it out and make it yours today!

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-28T18:50:53.04.
www.davidmarshallteam.com/homes/145791718
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1 Water Street Caribou, ME 04736

  • Price: $3,750,000
  • Status: Active
  • On Site: Days
  • Updated: 75 min ago
  • MLS #: 1578682
0
Beds
6
Baths
0
½ Baths
0.09
Acres
6,102
SQFT
$615
$/SQFT
1918
Built
County:
Aroostook
Area:
Caribou
Property Description
Investors take notice! Fantastic opportunity to own a large portfolio in Northern Maine. A total of 18 buildings throughout Caribou, Limestone, Madawaska, and Van Buren. 3 Commercial Spaces, 1 garage rental, and 77 residential units. All properties except for one multi-unit have public water and public sewer! In-town lots close to amenities and convenient travel for management. Many units are in great shape with cosmetic, roof, and boilers updates and some units need a little TLC to increase rental income. Lots of potential with this opportunity. Come check it out and make it yours today!
Exterior Features

Architectural Style Other Style Attached Garage YN No Construction Materials BrickMasonryWood Frame Foundation Details Concrete Perimeter Garage YN No Lot Features Corner LotRolling SlopeSidewalksIntown Parking Off SiteOn Street Parking Features No DrivewayOff SiteOn Street Road Surface Type Paved Roof Membrane Water View Yes Waterfront Features Stream Waterfront YN No

Interior Features

Above Grade Finished Area 6102 Basement Brick/MortarDirt FloorInterior EntryUnfinished Below Grade Finished Area 0 Cooling None Cooling YN No Flooring WoodVinylLaminate Heating Multi-ZonesHot WaterBaseboard Heating YN Yes Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Gross Income 443496 Heat Fuel Oil YN Yes Land Lease YN No Operating Expense 167092 Property Seasonal No Sewer Public Sewer Tax Annual Amount 2741 Tax Year 2022 Water Body Name Caribou Stream Water Source Public Zoning Commercial

Maine Real Estate Information Systems logo Listing provided courtesy of The Dot Fernald Team, Inc.: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-28T18:50:53.04.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.