Building Details

Year Built 1918

Listing Agency: Dobbs Realty d***@hotmail.com Show Phone

Listed By: Frederick Dobbs

Source: 603luxury

Added: Jul 20 Changed: Aug 29 Last Checked: Aug 31 at 6:46PM

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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 Dobbs Realty

Investment Insights

Based on property information with market context.

This apartment property contains six rental units and dates to 1918. The offering also includes Lot 143, an additional parking parcel that will convey with the property.

Located at 1 Water St in Caribou, the building overlooks the Caribou Stream and is situated near amenities. The additional lot provides dedicated parking associated with the property.

Key Highlights

• Six rental units
• Lot 143 additional parking lot conveys with the property
• Overlooks the Caribou Stream

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply (Bike/Boat/Book/etc) Store Electrical Service Law Firm

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

6

Residential units

Location Intelligence

Trade Area within ½ mile

383

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Six rental units are paired with a separate parking lot included in the conveyance.

Where is this apartment building located?

The property is located at 1 Water St Caribou, ME.

What is the asking price?

The asking price for this property is $210,000.

What are key features of this property?

This property features: Six rental units; Lot 143 additional parking lot conveys with the property; Overlooks the Caribou Stream