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3 & 5 Elm Street, Caribou, ME 04736

$325,000
Property Type: Multi-Family Baths: 6 Square Footage: 3,968 Lot Size (sq. ft.): 32,670 Status: Active
Current Price: $325,000 List Date: 9/01/2026 Last Modified: 10/02/2026

Overview

Description

Rare opportunity to acquire 3 multifamily buildings with a total of six rental units and two garages all being sold together as package. This fully occupied investment property offers a mix of one-, two-, and three-bedroom units, with each unit having their own private entrance. The owners have continued to invest in improvements and updates over the years including updated roofing, electrical and interior updates to select units include new flooring, kitchen & bath improvements, fresh paint and so much more. Outside, the property offers a large backyard, ample off-street parking, a 1 car garage with storage above, a 2 car garage, and 3 storage sheds. The great in-town location is walking distance to shopping, recreation, the Aroostook River in addition to having easy access to Presque Isle and surrounding communities. Whether you're expanding an existing portfolio or considering an owner-occupied investment, opportunities like this don't come along often in Caribou.

Listing Details MLS# 1678596

Location Information

Street #
3 & 5
Street Name
Elm
Street Type
Street
County
Aroostook
Town
Caribou
State/Province
ME
Zip Code
04736
Leased Land
No
Book
2017/4158
Page
137/53
Map
030
Lot
093 & 092
Zoning
Residential
Zoning Overlay
No
Association
No
School District
RSU 39
Full Tax Amount $
7810
Tax Year
2026
Tree Growth Y/N
No

Contract Information

Original List Price
399000

Property Information

Surveyed
Unknown
Seasonal
No
Deed/Conveyance Type Offered
Warranty
2 Detached Houses on 1 Lot
Yes
Number of Units
6
Total Baths
6
Total Full Baths
6
Color
Tan
Year Built
1900
SqFt Finished Above Grade
3968
SqFt Finished Total
3968
SqFt Source
Public Records
Garage
Yes
Garage Spaces
3
Lot Size Acres +/-
0.75
Source of Acreage
Public Records

Water Info

Waterfront
No
Water View
No

Units

# of 1 BD Units
Yes
# of 2 BD Units
3
# of 3 BD Units
2

Unit 1

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
6
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

More Information

Unit 2

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1100
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
900
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1000
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes

Unit 5

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
875
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 6

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1400
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Property Features

Site: Open Location: Intown; Near Shopping; Neighborhood Roads: Paved; Public Transportation: Major Road Access Recreational Water: Nearby Style: New Englander; Ranch Levels: One; Two Construction: Wood Frame Other Structures: Shed(s) Basement: Crawl Space; Full; Unfinished Basement Entry: Interior Foundation Materials: Block; Pillar/Post/Pier; Poured Concrete; Stone Exterior: Vinyl Siding Roof: Metal; Shingle Heat System: Baseboard; Forced Air; Hot Water Heat Fuel: Oil Water Heater: Electric; Off Heating System; Oil Cooling: None Floors: Hardwood; Linoleum; Vinyl Amenities: 1st Floor Bedroom; Laundry - 1st Floor; Storage; Walk-in Closets Patio and Porch Features: Deck; Porch Driveway: Gravel; Paved Parking: 5 - 10 Spaces; On Site Vehicle Storage: 1 Car; 2 Car; Detached; Storage Above Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
IDX
Listing Office: Keller Williams Realty
Last Updated: October - 02 - 2026
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