Riverfront Multifamily
New
For Sale
$795,000
993 East Presque Isle Road, Caribou, ME 04736
Three independent living areas support flexible residential use alongside an established short-term rental operation.
Property Size3,200 SF
Lot Size19.40 Acres
Price / SF$248.44
Days on Market5
Property Features for 993 East Presque Isle Road
General Information
Standard status
Active
Size
3,200 SF
Lot size
19.40 Acres
Property subtype
Multi-family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
3
Building Details
Year Built
2013
Listing Agency:
NextHome Experience
Listed By:
Katelyn Hawkins
(603) 866-2942
Source:
Profoundrealestate
Added: Sep 14
Changed: Sep 17
Last Checked: Sep 17 at 2:39AM
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 NextHome Experience
Investment Insights
Based on property information with market context.
Set on 19.4± acres along the Aroostook River, this multifamily property includes three separate living areas with a combined 7 bedrooms and 4.5 baths. The configuration includes a 2-bedroom, 1-bath apartment; a 3-bedroom living area above the garage with 2 baths; and a 2-bedroom, 1-bath riverfront cabin. The garage also contains an additional half bath.
The property is operating as a short-term rental with year-round bookings through Airbnb and Furnished Finder. Guests have direct access to the ITS trail system, while the site also includes a large garage, additional storage, and a heating system in the primary building. Located at 993 East Presque Isle Road in Caribou, Maine, the property offers river frontage and separate accommodations for continued rental use or personal occupancy.
The property is operating as a short-term rental with year-round bookings through Airbnb and Furnished Finder. Guests have direct access to the ITS trail system, while the site also includes a large garage, additional storage, and a heating system in the primary building. Located at 993 East Presque Isle Road in Caribou, Maine, the property offers river frontage and separate accommodations for continued rental use or personal occupancy.
Key Highlights
- 19.4± acres with approximately 526.6+/- feet of Aroostook River frontage
- Three separate living spaces totaling 7 bedrooms and 4.5 baths
- Short‑term rental operation with year‑round bookings through Airbnb and Furnished Finder
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three independent living areas support flexible residential use alongside an established short-term rental operation.
Where is this multifamily property located?
The property is located at 993 East Presque Isle Road Caribou, ME.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 19.4± acres with approximately 526.6+/- feet of Aroostook River frontage; Three separate living spaces totaling 7 bedrooms and 4.5 baths; Short‑term rental operation with year‑round bookings through Airbnb and Furnished Finder
