Six-Unit Apartment Building
New
For Sale
$399,000
3 & 5 Elm Street, Caribou, ME 04736
Fully occupied multifamily package with private-entry units, garages, storage, and off-street parking.
Property Size3,968 SF
Price / SF$100.55
Days on Market5
Property Features for 3 & 5 Elm Street
General Information
Standard status
Active
Size
3,968 SF
Total Parking Spaces
3
Property subtype
Multi-family
Occupancy
100%
Additional Details
Multifamily Units
6
Amenities
large backyard
storage sheds
Building Details
Year Built
1900
Buildings
3
Listing Agency:
Keller Williams Realty
Listed By:
Jessica Cyr
(603) 866-2942
Source:
Profoundrealestate
Added: Aug 31
Changed: Sep 3
Last Checked: Sep 3 at 2:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
This package includes 3 apartment buildings containing 6 rental units, with a mix of one-, two-, and three-bedroom layouts. Each unit has a private entrance, and the property includes 2 garages, 3 storage sheds, a large backyard, and ample off-street parking. Garage improvements include a 1-car structure with storage above and a separate 2-car garage.
The buildings date to 1900 and have received ongoing updates, including roofing and electrical work. Select interiors feature new flooring, kitchen and bath improvements, and fresh paint. All units are fully occupied.
Located in Caribou, the property is within walking distance of shopping, recreation, and the Aroostook River. The location also provides access to Presque Isle and surrounding communities, with the 3 buildings offered together as one package.
The buildings date to 1900 and have received ongoing updates, including roofing and electrical work. Select interiors feature new flooring, kitchen and bath improvements, and fresh paint. All units are fully occupied.
Located in Caribou, the property is within walking distance of shopping, recreation, and the Aroostook River. The location also provides access to Presque Isle and surrounding communities, with the 3 buildings offered together as one package.
Key Highlights
- 3 apartment buildings offered together as one package
- 6 fully occupied rental units with one-, two-, and three‑bedroom layouts
- 2 garages, including a 1‑car garage with storage above and a 2‑car garage
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Explore this area
Business Placement
Demographics for 04736, ME
9,033
Population
4,719
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
93%
High-School Grad
157.3 sq mi
ZIP Area
57
Density / Sq Mi
$56,189
Median Household Income
$42,840
Median Earnings
$696
Median Rent
$125,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily package with private-entry units, garages, storage, and off-street parking.
Where is this apartment building located?
The property is located at 3 & 5 Elm Street Caribou, ME.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3 apartment buildings offered together as one package; 6 fully occupied rental units with one-, two-, and three‑bedroom layouts; 2 garages, including a 1‑car garage with storage above and a 2‑car garage
