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    Pristine Three-Unit Apartment Building Title is generated by Realmo AI

    116 W Gate Road, Caribou, ME 04736

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    For Sale
    $399,900

    MULTI_FAMILY - Caribou, ME

    Property size:
    1,728 SF
    Lot size:
    1.14 Acres
    Price / SF:
    $231/SF
    Added:
    Apr 4, 2026
    Days on Market:
    43
    Last Refresh:
    May 16 at 9:06 pm

    Property Features for 116 W Gate Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bathrooms
    4
    Rooms
    Bathroom 3, Bathroom 2, Basement, Bathroom 4, Bathroom 1
    Parking features
    Off Street
    Basement
    Full, Unfinished, Sump Pump
    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
    Forced Air, Propane (Heating), Oil, Hot Water(Heating), Baseboard
    Water source
    Private, Well

    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

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    Listing Contact
    Frederick Dobbs

    Listing agent Frederick Dobbs

    Listing office Dobbs Realty 92 Bennett Drive, Caribou, ME

    Listing date Apr 4, 2026

    MLS# 1649263 Listing URL

    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.

    HighLights

    • Three separate move‑in ready apartments (one 3‑bedroom, two 2‑bedroom) offering immediate rental income potential.
    • Three‑car garage provides significant parking and storage space.
    • Conveniently located near Loring Commerce Centre, DFAS, and the new potato chip factory, offering easy access to employment opportunities.
    • Each unit has its own propane monitor for heating, plus a HWBB heating system for the entire building.
    • Covered entry provides convenient and protected access for all units.
    • Durable exterior with vinyl siding, brick, and metal roof.

    Overview

    This is a three-unit apartment building featuring a three-bedroom ground floor apartment, a two-bedroom ground floor apartment, and a two-bedroom upstairs apartment. Each unit is heated with its own propane monitor. There is also a HWBB heating system for the entire building. All units are move-in ready. A covered entry is accessible to all units. The property also includes a three-car garage. The building is located near the Loring Commerce Centre, DFAS, and the upcoming potato chip factory on the former Loring AFB. The lot size is 1.14 acres and the property size is 1728 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Auto Repair Shop Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Caribou
    County
    Aroostook
    State
    Maine
    Longitude
    -67.9287581
    Latitude
    46.9206304

    FAQs

    What type of property is this?
    Triplex - Move-in ready three-unit apartment building near Loring Commerce Centre.
    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 separate move‑in ready apartments (one 3‑bedroom, two 2‑bedroom) offering immediate rental income potential.; Three‑car garage provides significant parking and storage space.; Conveniently located near Loring Commerce Centre, DFAS, and the new potato chip factory, offering easy access to employment opportunities.
    More about this property
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