169 Main St Caribou, ME 04736
Estimated payment $2,908/month
Highlights
- 9 Acre Lot
- Hot Water Heating System
- Wood Siding
- No HOA
- Open Lot
About This Home
Great Investment Opportunity in Northern Maine!
Located at 169 Main Street in Caribou, this 11-unit multifamily property sits on a spacious 9-acre lot in a quiet rural setting. The building includes 5 one-bedroom units and 6 two-bedroom units, offering a solid mix for steady rental income.
Set in a nice, peaceful area, this property presents strong potential for both immediate cash flow and long-term value. With room to improve or expand, it's a smart option for investors looking to grow their portfolio.
Don't miss this income-generating opportunity with room to build equity and vision. Schedule a showing today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,384
Year Built
- Built in 1955
Lot Details
- 9 Acre Lot
- Rural Setting
- Open Lot
Parking
- Off-Street Parking
Home Design
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Bedrooms and Bathrooms
- 14 Full Bathrooms
Finished Basement
- Partial Basement
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Hot Water Heating System
- Natural Gas Not Available
- Private Water Source
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number CARI-000005-000000-000002
Community Details
Overview
- No Home Owners Association
- 11 Units
Building Details
- Operating Expense $57,552
- Gross Income $49,896
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,384 | $438,500 | $44,200 | $394,300 |
| 2023 | $8,551 | $438,500 | $44,200 | $394,300 |
| 2022 | $8,511 | $361,400 | $38,400 | $323,000 |
| 2021 | $8,525 | $362,000 | $39,000 | $323,000 |
| 2020 | $1,750 | $362,000 | $39,000 | $323,000 |
| 2019 | $1,067 | $362,000 | $39,000 | $323,000 |
| 2018 | $1,159 | $362,000 | $39,000 | $323,000 |
| 2017 | $1,078 | $362,000 | $39,000 | $323,000 |
| 2016 | $1,286 | $362,000 | $39,000 | $323,000 |
| 2015 | $8,131 | $362,000 | $39,000 | $323,000 |
| 2014 | $8,073 | $362,000 | $39,000 | $323,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 06/05/2025 06/05/25 | For Sale | $399,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $309,000 | Unknown | |
| Closed | $10,000 | Unknown |
Source: Maine Listings
MLS Number: 1625390
APN: CARI-000005-000000-000002
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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