1 Water St

6,102 Sq. Ft.
$34 / Sq. Ft.
6,102
Sq. Ft.
$34
per Sq. Ft.

Description

Investment opportunity with 6 rental units. Close to amenities and overlooks the Caribou Stream. Lot 143 is additional parking lot that will convey with this property.Investment opportunity with 6 rental units. Close to amenities and overlooks the Caribou Stream. Lot 143 is additional parking lot that will convey with this property.
  1. Listed by Frederick Dobbs • Dobbs Realty

Property Details for 1 Water Street

Waterfront
No
ArchitecturalStyle
Other
Garage Spaces
.00
Garage
No
Zoning
Commercial
LISTING UPDATED: 01/26/2026 04:28 PM

Property Details for 1 Water Street

StatusActive
MLS #1650315
Days on Market1
Taxes$2,931 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1918
Lot Size0.09 AC / 3,920 SF
CountyAroostook County

Location

Listing Courtesy of Dobbs Realty
Add your commute

Building Information for 1 Water Street

Stories-Residences6Year Built1918Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$1,268 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,024

Property Taxes

$244

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Water Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Caribou Stream
  • Zip Code: 1759
  • Town: Caribou
  • State/Province: ME
  • Zip Code: 04736
  • County: Aroostook
  • Geo Latitude: 46.859659
  • Geo Longitude: -68.011392
  • Tax Lot: 173/143
  • Site:Corner Lot: Yes
  • Site:Rolling/Sloping: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Transportation:Major Road Access: Yes
Parking
  • Parking Features: No Driveway, Off Site, On Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 6366/6406
  • Tax Map Number: 31
  • Tax Year: 2025
  • Parcel Number: CARI-000031-000000-000173
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,931.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 6102.0
  • Lot Size Acres: 0.09
  • Source of Acreage: Public Records
  • Building Area Total: 6102.0
  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3920.4
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Street Number: 1
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:No Driveway: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1918
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Masonry, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Membrane
Interior Features
  • Basement: Interior, Brick/Mortar, Dirt Floor, Unfinished
  • Flooring: Wood, Vinyl, Laminate
  • Cooling: None
  • Heating: Zoned, Hot Water, Baseboard
  • Foundation Details: Concrete Perimeter
  • Bathrooms Total (Integer): 6
  • Bathrooms Total (Decimal): 6.00
  • Bathrooms Total (Notational): 6.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $58,140.00
  • Operating Expenses: $32,660.00
Multi-Family Information
  • Number of Units: 6
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: Second
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $725.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 358,884.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $663.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $725.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: No
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: Yes
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Second
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $630.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 3.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: No
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: Yes
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: Second
  • Unit 5:Security Deposit: No
  • Unit 5:Monthly Rent: $672.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 3.00
  • Unit 5:# of Bedrooms: 1.00
  • Unit 5:Dedicated Electric Meter: No
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: Yes
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: Yes
  • Unit 6:Level: First
  • Unit 6:Security Deposit: Yes
  • Unit 6:Monthly Rent: $1,430.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 3.00
  • Unit 6:# of Bedrooms: .00
  • Unit 6:Dedicated Electric Meter: No
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: Yes
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit 19
  • Unit 19:Heat: Yes
  • Unit 19:Range: Yes
  • Unit 19:Sewer: Yes
  • Unit 19:Water: Yes
Unit 20
  • Unit 20:Heat: Yes
  • Unit 20:Range: Yes
  • Unit 20:Refrigerator: Yes
  • Unit 20:Sewer: Yes
  • Unit 20:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 6
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 1 Water Street

DateEvent & SourcePriceAppreciation
Jan 24, 2026

Listed (Active)

Maine Listings #1650315

$210,000
Apr 23, 2024

Expired

Maine Listings #1578677

$3,650,000
Apr 23, 2024

Expired

Maine Listings #1578682

$3,650,000
Dec 3, 2023

Listed (Active)

Maine Listings #1578677

$3,750,000
Dec 3, 2023

Listed (Active)

Maine Listings #1578682

$3,750,000
Aug 31, 2022

Sold (Public Record)

Public Record #1496994706

$266,400
Aug 31, 2022

Sold

Maine Listings #1520822

$1,409,000
Mar 8, 2022

Pending

Maine Listings #1520822

Mar 8, 2022

Active Under Contract

Maine Listings #1520822

Feb 28, 2022

Listed (Active)

Maine Listings #1520822

$1,985,000
DateEvent & SourcePrice
01/24/2026

Listed (Active)

Maine Listings #1650315

$210,000
04/23/2024

Expired

Maine Listings #1578677

$3,650,000
04/23/2024

Expired

Maine Listings #1578682

$3,650,000
12/03/2023

Listed (Active)

Maine Listings #1578677

$3,750,000
12/03/2023

Listed (Active)

Maine Listings #1578682

$3,750,000
08/31/2022

Sold (Public Record)

Public Record #1496994706

$266,400
08/31/2022

Sold

Maine Listings #1520822

$1,409,000
03/08/2022

Pending

Maine Listings #1520822

03/08/2022

Active Under Contract

Maine Listings #1520822

02/28/2022

Listed (Active)

Maine Listings #1520822

$1,985,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Water Street

Taxable ValueLand$15,000Additions$105,500Total$120,500
Tax Record2024$2,579 ($215 / month)
Home Facts
Total Finished SqFt6,102 SqFtAbove Grade Finished SqFt6,102 SqFtStories2Lot Size3,920 SqFtZoningCOMMERCountyAROOSTOOKAPNCARI M:31 L:173

Schools near 1 Water Street

This home is within Regional School Unit 39.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 3
Public - PK to 2
Rating
School
Distance
Caribou Community School
PublicPK to 8

Caribou High School
Public9 to 12

Teague Park School
PublicPK to 3

Hilltop Elementary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1 Water Street is a multi-family home for sale in Caribou, ME 04736. This property was listed for sale on January 24, 2026 by Dobbs Realty, it's currently listed at $210,000. It has been on the market for a total of 1 days and was last sold on August 31, 2022. This listing's school district is Regional School Unit 39. Nearby schools include Caribou Community School, Caribou High School and Teague Park School. 1 Water Street is a 5-bed, 6-bath, 6,102 sqft multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dobbs Realty

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.