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Triplex with Three-Car Garage
For Sale
$399,900

116 W Gate Road, Caribou, ME 04736

Multi-Family, Caribou, ME

Property Size1,728 SF
Lot Size1.14 Acres
Price / SF$231.42
Days on Market154

Property Features for 116 W Gate Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2, Basement
Parking features Off Street
Basement Unfinished, Sump Pump, Full
Lot features Near Country Club, Rolling/ Sloping, Open, Near Town, Rural
Standard status Active
Size 1,728 SF
Lot size 1.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3103

Utilities

Sewer type Engineered Septic, Private Sewer
Heating system Propane (Heating), Oil, Hot Water(Heating), Forced Air, Baseboard
Water source Well, Private

Amenities

covered entry

Building Details

Year built 1970
Number of units 3
Flooring type Laminate, Vinyl, Carpet
Building materials Masonry, Wood Frame, Brick, Vinyl Siding
Roof type Metal
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Added: Apr 4 Changed: Sep 3 Last Checked: Sep 4 at 11:06AM
MLS# 1649263

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential triplex contains three apartments: a three-bedroom unit on the ground floor, a second two-bedroom ground-floor unit, and a two-bedroom apartment upstairs. Each apartment has its own propane monitor heater, while a building-wide hot-water baseboard system provides an additional heating option. The property includes 1,728 square feet on 1.14 acres, a covered common entry, and a three-car garage. Construction incorporates masonry, wood framing, brick, and vinyl siding, with a metal roof and laminate, vinyl, and carpet flooring. The building was constructed in 1970 and is served by a private well and engineered septic system.

Located at 116 W Gate Road in Caribou, the property is near the Loring Commerce Centre, DFAS, the potato chip factory under construction, and other employment and business operations associated with the former Loring AFB. The apartments are described as move-in ready, with off-street parking available.

Key Highlights

  • Three apartments: one 3‑bedroom unit and two 2‑bedroom units
  • 1,728 square feet on 1.14 acres
  • Three‑car garage and off‑street parking

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Residential triplex with individually heated apartments and a shared covered entry for convenient access.
Where is this triplex located?
The property is located at 116 W Gate Road Caribou, ME.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Three apartments: one 3‑bedroom unit and two 2‑bedroom units; 1,728 square feet on 1.14 acres; Three‑car garage and off‑street parking
More about this property
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