1 Water Street
Caribou
MLS# 1578682
  • 6 BA
  • 6 units
  • 6,102 sq.ft.
  • 0.09 acres
$3,650,000
  • property type Multi-Family
  • class Multi-Family
  • style Other Style
  • year built 1918
  • listing office The Dot Fernald Team, Inc.

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!

  • Style Other Style
  • Year Built 1918
  • Lot Size 0.09 acres
  • SQFT Finished Above Grade 6102
  • County Aroostook
  • City Caribou
  • Zone Commercial
  • Location Intown
  • Water Frontage No
  • Water Body Type Stream
  • Water Body Name Caribou Stream
  • Recreational Water Access Stream
  • Seasonal No
  • Full Tax Amount $2,741.00
  • Tax Year 2022
  • Association Fee $0.00
  • Total Units 6
  • Baths Total 6
  • Baths Full 6
  • Basement Brick/Mortar, Dirt Floor, Unfinished
  • Construction Masonry, Wood Frame
  • Exterior Brick
  • Foundation Materials Poured Concrete
  • Basement Brick/Mortar, Dirt Floor, Unfinished
  • Roof Membrane
  • Floors Laminate, Vinyl, Wood
  • Heat System Baseboard, Hot Water, Multi-Zones
  • Heat Fuel Oil
  • Gas No Gas
  • Water Heater Off Heating System
  • Electric Yes
  • Water Yes
  • Waste Water Disposal Yes
  • Driveway No Driveway
  • Vehicle Storage No Vehicle Storage
  • Parking Off Site, On Street
  • Roads Paved, Public
Listed By:
The Dot Fernald Team, Inc.