608 Main St Caribou, ME 04736
Estimated payment $3,266/month
Highlights
- 0.88 Acre Lot
- No HOA
- Vinyl Flooring
- Corner Lot
- Zoned Heating
About This Home
Attention investors! Don't miss this incredible opportunity to own not just one, but three multi-family properties in Caribou, ME, offering a total of 10 rental units.
📍 608 Main Street - A multi-level, 4-unit building located in a quiet neighborhood.
📍 7 York Street - A multi-level, 3-unit property offering plenty of potential for steady rental income.
📍 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, these properties are 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 package offers flexibility and excellent growth potential. Seize this chance to expand your portfolio today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,775
Lot Details
- 0.88 Acre Lot
- Corner Lot
- Open Lot
Parking
- Gravel Driveway
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Vertical Siding
- Concrete Perimeter Foundation
Interior Spaces
- 10 Full Bathrooms
- 7,308 Sq Ft Home
- Multi-Level Property
- Unfinished Basement
- Exterior Basement Entry
Flooring
- Laminate
- Vinyl
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 073
- Assessor Parcel Number CARI-000028-000000-000073
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- Operating Expense $54,192
- Gross Income $82,120
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 | $2,611 | $122,000 | $15,100 | $106,900 |
| 2023 | $2,379 | $122,000 | $15,100 | $106,900 |
| 2022 | $1,698 | $72,100 | $13,200 | $58,900 |
| 2021 | $1,698 | $72,100 | $13,200 | $58,900 |
| 2020 | $1,686 | $71,600 | $13,200 | $58,400 |
| 2019 | $1,758 | $71,600 | $13,200 | $58,400 |
| 2018 | $1,697 | $71,600 | $13,200 | $58,400 |
| 2017 | $1,711 | $71,600 | $13,200 | $58,400 |
| 2016 | $1,640 | $71,600 | $13,200 | $58,400 |
| 2015 | $1,608 | $71,600 | $13,200 | $58,400 |
| 2014 | $1,597 | $71,600 | $13,200 | $58,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2025 03/29/25 | For Sale | $155,000 | -68.3% | $60 / Sq Ft |
| 01/16/2025 01/16/25 | Price Changed | $489,000 | +6.5% | $67 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $459,000 | +665.0% | $63 / Sq Ft |
| 06/30/2021 06/30/21 | Sold | $60,000 | -7.7% | $23 / Sq Ft |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- |
| 04/14/2021 04/14/21 | For Sale | $65,000 | -- | $25 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $121,000 | Unknown | |
| Closed | $121,600 | Unknown |
Source: Maine Listings
MLS Number: 1612627
APN: CARI-000028-000000-000073
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