1 Water Street, Caribou, ME 04736 (MLS# 1520822)

1 Water Street, Caribou, ME 04736

$1,409,000

Property Type: Multi-Family Baths: 20 Square Footage: 6,102 Lot Size (sq. ft.): 3,920 Status: Closed

Current Price: $1,409,000 List Date: 3/02/2022 Last Modified: 1/11/2025

Overview

Description

Investors take notice! You get this building plus 9 more. Yes, 10 buildings in two towns with a total of 51 rents for one money. Caribou Addresses: 1 Water St, 12 & 20 Vaughan St, 10 Lyndon St, 218 Sweden St and 15 Hillcrest Ave. Limestone Addresses: 23 Main St, 90 Pondview St, 4 Grand Falls Rd and 216 Access Hwy. Income and Expenses available Upon request.

Listing Details MLS# 1520822

Location Information

Street #: Yes
Street Name: Water
Street Type: Street
County: Aroostook
Town: Caribou
State/Province: ME
Zip Code: 04736
Zip +4: 1759
Leased Land: No
Book: 3345/4838
Page: 272/297
Map: 31
Lot: 173
Zoning: Commercial
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 2741
Tax Year: 2021

Contract Information

Original List Price: 1985000

Property Information

Surveyed: Unknown
Seasonal: No
Number of Units: 54
Total Baths: 20
Total Full Baths: 20
Year Built: 1918
SqFt Finished Above Grade: 6102
SqFt Finished Total: 6102
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.09
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2022-03-08
Closed Date: 2022-08-31
Closed Price: 1409000

Water Info

Water Frontage: No
Water View: No

Units

# of 1 BD Units: 33
# of 2 BD Units: 17
# of 3 BD Units: 4

More Information

Unit 1

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 2

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 3

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 4

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Monthly Rent: 0
Sewer: Yes

Unit 5

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 6

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 7

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 8

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 9

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 10

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 11

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 12

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 13

Lease: Yes
Level: First
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 14

Lease: Yes
Level: Second
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 15

Lease: Yes
Level: Second
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 16

Lease: Yes
Level: Second
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 17

Lease: Yes
Level: Second
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 18

Lease: Yes
Level: Second
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 19

Lease: Yes
Level: Second
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 20

Lease: Yes
Level: Second
Security Deposit: Yes
# Full Baths: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Utilities

Utilities On: Yes

Site

Open: Yes
Rolling/Sloping: Yes

Location

Intown: Yes

Roads

Paved: Yes
Public: Yes

Style

Other: Yes

Construction

Masonry: Yes
Wood Frame: Yes

Basement

Brick/Mortar: Yes
Sump Pump: Yes
Unfinished: Yes

Exterior

Brick: Yes
Vinyl Siding: Yes
Wood Siding: Yes

Roof

Membrane: Yes
Metal: Yes
Shingle: Yes

Heat System

Baseboard: Yes
Direct Vent Furnace: Yes
Direct Vent Heater: Yes
Forced Air: Yes
Hot Air: Yes
Hot Water: Yes
Zoned: Yes

Heat Fuel

Oil: Yes
Propane: Yes

Income & Expenses

Gross Income: 397798
Operating Expenses: 163717

Cooling

None: Yes

Floors

Laminate: Yes
Vinyl: Yes
Wood: Yes

Parking

1 - 4 Spaces: Yes
5 - 10 Spaces: Yes
Off Street: Yes

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes

Sewer

Private Sewer: Yes
Public Sewer: Yes

Water

Private: Yes
Public: Yes

Driveway

Common: Yes
Gravel: Yes
Paved: Yes

Basement Entry

Bulkhead: Yes
Interior: Yes

Water Heater

Electric: Yes
Off Heating System: Yes
Oil: Yes
On Demand: Yes
Separate Booster: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Open; Rolling/Sloping Location: Intown Roads: Paved; Public Style: Other Construction: Masonry; Wood Frame Basement: Brick/Mortar; Sump Pump; Unfinished Basement Entry: Bulkhead; Interior Exterior: Brick; Vinyl Siding; Wood Siding Roof: Membrane; Metal; Shingle Heat System: Baseboard; Direct Vent Furnace; Direct Vent Heater; Forced Air; Hot Air; Hot Water; Zoned Heat Fuel: Oil; Propane Water Heater: Electric; Off Heating System; Oil; On Demand; Separate Booster Cooling: None Floors: Laminate; Vinyl; Wood Driveway: Common; Gravel; Paved Parking: 1 - 4 Spaces; 5 - 10 Spaces; Off Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer; Public Sewer Water: Private; Public

Documents

1 Water St PD & LPA ›

683 Main St PD & LPA ›

10 Lyndon St PD & LPA ›

12 Vaughan St PD & LPA ›

20 Vaughan St PD & LPA ›

218 Sweden St PD & LPA ›

15 Hillcrest Ave PD & LPA ›

23 Main St PD & LPA ›

90 Pondview St PD & LPA ›

4 Grand Falls PD & LPA ›

216 Access Hwy PD & LPA ›

IDX

Listing Office: Dobbs Realty

Selling Office: Realty of Maine

Last Updated: January - 11 - 2025

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.