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Listed by Edward Baldacci Keller Williams Realty
$ 999,990
Est. payment /mo
Active
100 Union ST Rockland, ME 04841
8 Baths
7,324 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,324 sqft
Price per Sqft $136
MLS Listing ID 1667181
Full Baths 8
HOA Y/N No
Year Built 1860
Tax Year 2025
Lot Size 7,840 Sqft
Acres 0.18
Source Maine Listings
Land Area 7324
Property Description
Exceptional multifamily investment opportunity in the heart of Rockland. 100 Union Street is an eight-unit apartment building comprised of seven one-bedroom units and one two-bedroom unit, ideally situated just moments from downtown Rockland's thriving waterfront, restaurants, retail, and employment centers.
The property features attractive, well-maintained renovated units with numerous updates, offering investors a stable asset in one of Midcoast Maine's strongest and most desirable rental markets. Current rents provide the opportunity for future growth, allowing investors to realize additional value through strategic rent increases while benefiting from existing cash flow.
Located in a highly walkable neighborhood with strong tenant demand, 100 Union Street offers an appealing combination of location, quality, and upside potential. The property's proximity to downtown amenities, healthcare services, and major employers continues to support long-term occupancy and rental growth.
100 Union Street is being offered as part of a larger three-building, 27 unit, Rockland multifamily portfolio, with all properties located in close proximity to one another. Investors have the opportunity to acquire an individual asset or pursue additional scale through the portfolio offering.
A rare opportunity to acquire a well-positioned multifamily property in a supply-constrained market with both immediate income and long-term upside.
The property features attractive, well-maintained renovated units with numerous updates, offering investors a stable asset in one of Midcoast Maine's strongest and most desirable rental markets. Current rents provide the opportunity for future growth, allowing investors to realize additional value through strategic rent increases while benefiting from existing cash flow.
Located in a highly walkable neighborhood with strong tenant demand, 100 Union Street offers an appealing combination of location, quality, and upside potential. The property's proximity to downtown amenities, healthcare services, and major employers continues to support long-term occupancy and rental growth.
100 Union Street is being offered as part of a larger three-building, 27 unit, Rockland multifamily portfolio, with all properties located in close proximity to one another. Investors have the opportunity to acquire an individual asset or pursue additional scale through the portfolio offering.
A rare opportunity to acquire a well-positioned multifamily property in a supply-constrained market with both immediate income and long-term upside.
Location
State ME
County Knox
Rooms
Basement Exterior Entry, None
Interior
Heating Oil, Hot Water
Cooling Central Air
Flooring Wood
Exterior
Parking Features Paved, 5 - 10 Spaces
Roof Type Composition,Other
Garage No
Garage No
Building
Lot Description Business District, Intown, Open Lot
Foundation Other
Water Unknown
Architectural Style Other
Others
Tax ID ROCD-000022F-000000-013000
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