Three-Unit Apartment Building with
For Sale
$399,900
116 W Gate Road, Caribou, ME 04736
Three move-in-ready apartments offer individual propane heat, shared HWBB backup, and covered access for all units.
Property Size1,728 SF
Price / SF$231.42
Days on Market257
Property Features for 116 W Gate Road
General Information
Standard status
Active
Size
1,728 SF
Total Parking Spaces
3
Property subtype
Multi-family
Units
Unit Mix
1 x 3BR, 2 x 2BR
Multifamily Units
3
Amenities
covered entry
Building Details
Year Built
1970
Buildings
1
Listing Agency:
Dobbs Realty
Listed By:
Frederick Dobbs
(603) 866-2942
Source:
Profoundrealestate
Added: Dec 17, 2025
Changed: Aug 30
Last Checked: Aug 30 at 6:38PM
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 1,728-square-foot triplex, built in 1970, contains three separate apartments: a three-bedroom unit on the ground floor, a two-bedroom ground-floor unit, and a two-bedroom apartment upstairs. Each residence has its own propane monitor for heat, while a whole-building HWBB system provides an additional heating option. The property is described as move-in ready and includes a covered entry shared by all units for convenient loading and unloading. A three-car garage adds substantial on-site utility.
The building is located at 116 W Gate Road in Caribou, Maine, immediately outside the Loring Commerce Centre and DFAS. It is also near the potato chip factory under construction and other employment-related entities on the former Loring AFB.
The building is located at 116 W Gate Road in Caribou, Maine, immediately outside the Loring Commerce Centre and DFAS. It is also near the potato chip factory under construction and other employment-related entities on the former Loring AFB.
Key Highlights
- Three‑unit apartment building with one 3‑bedroom unit and two 2‑bedroom units
- 1,728 SF triplex built in 1970
- Three‑car garage included
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
9
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three move-in-ready apartments offer individual propane heat, shared HWBB backup, and covered access for all units.
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‑unit apartment building with one 3‑bedroom unit and two 2‑bedroom units; 1,728 SF triplex built in 1970; Three‑car garage included
