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Bean Group
Offered at $325,000Active
beds
—
baths
6
sq ft
3,968
Built
1900

3 & 5 Elm Street

Caribou, ME 04736

About this home

Rare opportunity to acquire 3 multifamily buildings with a total of six rental units and two garages all being sold together as package. This fully occupied investment property offers a mix of one-, two-, and three-bedroom units, with each unit having their own private entrance. The owners have continued to invest in improvements and updates over the years including updated roofing, electrical and interior updates to select units include new flooring, kitchen & bath improvements, fresh paint and so much more. Outside, the property offers a large backyard, ample off-street parking, a 1 car garage with storage above, a 2 car garage, and 3 storage sheds. The great in-town location is walking distance to shopping, recreation, the Aroostook River in addition to having easy access to Presque Isle and surrounding communities. Whether you're expanding an existing portfolio or considering an owner-occupied investment, opportunities like this don't come along often in Caribou.

Listing last checked: Listing updated:

Listed by Listing Agent · Keller Williams Realty · MLS #1678596

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Details at a glance

Interior3 property facts
Heating
Oil, Baseboard, Forced Air, Hot Water
Cooling
None
Flooring
Vinyl, Hardwood, Linoleum
Building5 property facts
Style
Other
Year built
1900
Garage
3
Foundation
Block, Stone, Pillar/Post/Pier
Roof
Metal, Shingle
Land & utilities4 property facts
Lot size
0.75 acres
Water
Public
Sewer
Public Sewer
Zoning
Residential
Financial2 property facts
Annual taxes
$7,810
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $325,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,294 / monthAdjust
Principal & interest
$1,643
Property tax
$651
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,810. 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 3 & 5 Elm Street

Can I request a private showing?

Request a tour of 3 & 5 Elm 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.