This property pays for itself! Live comfortably in this 5 Bed, 1.5 Bath home and rent the 2 apartments on site to cover your living expenses! This is a great investment opportunity that doesn't come this conveniently very often. Located on a quiet street in the heart of Caribou, it's a quick drive to things like shopping, schools, hospitals and recreation like walking, hiking, golf and skiing. The main house boasts 2 bedrooms and laundry on the main floor, 3 additional bedrooms upstairs, generous living spaces and an oversized deck. The apartment building has two units- 1 upstairs unit and 1 downstairs unit. Enjoy all that Northern Maine has to offer Affordably with this Income Producing Property!
Add to or start your investment portfolio with this 5 unit building. There are 4 apartments and 1 commercial space. Located on Main Street and within walking distance to the downtown area. The commercial space is comprised of the entire first floor area and is ideal for a local business with exposure on Main Street. Two apartments are located above the commercial space and 2 are in the lower area. Call today for more information or to schedule a showing.
2 buildings. First building features 3 room office of Bernard-Coury Realty, in front, plus an updated apartment with $8,000.00 updates (Nov-Dec 2021). The seller will retain ownership of Bernard-Coury Realty, but will negotiate a lease from the new owner. The house is outback, $115,000 in updates 7 years ago +/- Nice private backyard at the back of the house, fenced in.
The median home value in Caribou, ME is $169,000. This is higher than the county median home value of $157,200. The national median home value is $338,100. The average price of homes sold in Caribou, ME is $169,000. Approximately 61.79% of Caribou homes are owned, compared to 27.9% rented, while 10.31% are vacant. Caribou real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Caribou real estate agent to arrange a tour today!
Caribou, Maine has a population of 7,448. Caribou is less family-centric than the surrounding county with 18.28% of the households containing married families with children. The county average for households married with children is 23.53%.
The median household income in Caribou, Maine is $43,967. The median household income for the surrounding county is $47,278 compared to the national median of $69,021. The median age of people living in Caribou is 52.1 years.
The average high temperature in July is 76.3 degrees, with an average low temperature in January of 0.2 degrees. The average rainfall is approximately 38.4 inches per year, with 96.7 inches of snow per year.