198 High Street, Caribou, ME 04736 (MLS # 1634804)

View Virtual Tour PRICE $99,000 BEDS 2 BATHS 1 HOME SIZE 1,089 sqft LOT SIZE 9,148 sqft Request More Info Schedule a Showing

This 2-bedroom, 1-bath home with 1,089 sq. ft. is a solid investment opportunity with good potential for equity growth and personalization. The first floor offers a welcoming layout with a spacious living room, flexible dining/office space, and a nice size & functionally designed kitchen in good condition. Upstairs features two spacious bedrooms and a full bath. Highlights include a wrap-around porch with surprising country views, a newer built one-car garage, and the convenient in-town location. The tin ceilings, historic stair handrail, and charm of an older home add character to this home! A secondary entry from the back of the home adds to the functionality and ease of access from the detached garage. Positioned to sell with the work needed taken into account, the price point on this home is hard to beat in today's market. With that in mind, this home will need to be a cash or potentially conventional sale. Most of the window seals are gone and there's a basement window that needs to be replaced. Not surprising for an older home, some leveling of the deck and some drywall work inside would go a long way, along with other miscellaneous maintenance and update areas. The seller has obtained a contractor's quote to replace a section of deteriorated foundation so buyers can easily understand the extent of that project. This property is positioned as an ideal project for investors, flippers, or buyers looking to add value through renovations.