Three-Unit Apartment
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 Market140
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 1, Bathroom 3, Bathroom 2, Basement
Parking features
Off Street
Basement
Full, Unfinished, Sump Pump
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
Forced Air, Propane (Heating), Baseboard, Hot Water(Heating), Oil
Water source
Well, Private
Amenities
covered entry
Building Details
Year built
1970
Number of units
3
Flooring type
Vinyl, Carpet, Laminate
Building materials
Masonry, Wood Frame, Brick, Vinyl Siding
Roof type
Metal
Listing Agency:
Dobbs Realty
(207) 492-1300
Listed By:
Frederick Dobbs
(207) 227-7246
Added: Apr 4
Changed: Aug 2
Last Checked: Aug 21 at 6:06PM
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 three-unit apartment building includes a three-bedroom ground floor apartment, a two-bedroom ground floor apartment, and a two-bedroom upstairs apartment. The building features a covered entry accessible to all units for loading and unloading. Each unit is heated with its own propane monitor, with a HWBB heating system available for the entire building if needed. A three-car garage supports off-street parking. Interior finishes include vinyl, carpet, and laminate flooring. Construction materials include masonry, wood frame, brick, and vinyl siding, and the roof is metal.
The property sits on a 1.14-acre lot at 116 W Gate Road in Caribou, Maine, in Aroostook County. Water is provided by a well and private source, and wastewater service is through engineered septic and private sewer.
Built in 1970, the building has forced air, baseboard, hot water heating, and oil heat options listed among its systems. It includes basement space as reflected in the room inventory.
The property sits on a 1.14-acre lot at 116 W Gate Road in Caribou, Maine, in Aroostook County. Water is provided by a well and private source, and wastewater service is through engineered septic and private sewer.
Built in 1970, the building has forced air, baseboard, hot water heating, and oil heat options listed among its systems. It includes basement space as reflected in the room inventory.
Key Highlights
- Three‑unit apartment building with a three‑bedroom ground floor unit plus two‑bedroom ground and upstairs units
- Each unit has its own propane monitor, with a HWBB heating system for the building
- Covered entry accessible to all units for loading and unloading
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit apartment building with off-street parking, metal roof, and move-in-ready units in Caribou, Maine.
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 a three‑bedroom ground floor unit plus two‑bedroom ground and upstairs units; Each unit has its own propane monitor, with a HWBB heating system for the building; Covered entry accessible to all units for loading and unloading
