$203,000

10 Russ St Caribou, ME 04736

Estimated payment $1,314/month

Total Views 8,851
-- Bed
3 Baths
2,500 Sq Ft
$81 Price per Sq Ft

Highlights

  • Raised Ranch Architecture
  • 1 Car Direct Access Garage
  • Baseboard Heating
  • No HOA
  • Subterranean Parking
  • Level Lot

About This Home

Attention investors! Don't miss this incredible opportunity to own a multi-family property in Caribou, ME!

📍 10 Russ Street - A multi-level, 3-unit building situated in an intown neighborhood with convenient access to local amenities.

With the ongoing demand for rental housing, this property is a prime opportunity to generate consistent income while meeting a critical need in the area. Whether you're an experienced investor or just starting, this offers flexibility and excellent growth potential. Seize this chance to expand your portfolio today!

Listing Agent

Leigh Smith

RE/MAX County Listed on: 03/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1960

Lot Details

  • 0.47 Acre Lot
  • Level Lot

Parking

  • 1 Car Direct Access Garage
  • Subterranean Parking
  • Basement Garage
  • Gravel Driveway

Home Design

  • Raised Ranch Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,500 Sq Ft Home
  • Laminate Flooring
  • Finished Basement
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 02
  • Assessor Parcel Number CARI-000024-000000-000002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $16,828
  • Gross Income $31,644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,514

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.47
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.47
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2500.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 31644.0
  • Income Expenses Operating Expenses: 16828.0
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Style:Raised Ranch: Yes
  • Vehicle Storage Basement: Yes
  • Vehicle Storage Underground3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Finished
  • Full Bathrooms: 3
  • Flooring: Laminate

Exterior Features

  • Lot Features: Rolling/Sloping, Level, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Underground, Basement, 1 - 4 Spaces, Gravel, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.2
  • Parcel #: CARI-000024-000000-000002
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 31644.0
  • Annual Operating Expense: 16828.0

Tax Info

  • Tax Annual Amount: 2514.0
  • Tax Book Number: 6279
  • Tax Lot: 02
  • Tax Map Number: 24
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,758 $128,900 $18,800 $110,100
2023 $2,514 $128,900 $18,800 $110,100
2022 $1,835 $77,900 $16,400 $61,500
2021 $1,835 $77,900 $16,400 $61,500
2020 $1,835 $77,900 $16,400 $61,500
2019 $1,912 $77,900 $16,400 $61,500
2018 $1,846 $77,900 $16,400 $61,500
2017 $1,862 $77,900 $16,400 $61,500
2016 $1,784 $77,900 $16,400 $61,500
2015 $1,750 $77,900 $16,400 $61,500
2014 $1,737 $77,900 $16,400 $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 For Sale $203,000 +125.6% $81 / Sq Ft
01/18/2022 01/18/22 Sold $90,000 -5.3% $36 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $95,000 -- $38 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $90,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1617068

Maine Listings

APN: CARI-000024-000000-000002