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12 Grace Street Pl
Rockland, ME 04841
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Four Unit Apartment Complex
- Very Close To City Center, Shopping, Banks, Restaurants, and Rockland Harbor
- Prime In-town Location
Executive Summary
Prime multifamily investment opportunity in the heart of Downtown Rockland. Ideally situated a short distance from Main Street, banks, professional offices, restaurants, shopping, and the waterfront harbor, this well-maintained property offers both convenience and long-term investment appeal. The property consists of four one-bedroom residential units and has established a strong history of occupancy, providing investors with a stable and reliable income stream. Its desirable downtown location, consistent rental demand, and proximity to Rockland's business district and harbor make this an exceptional opportunity for both seasoned and first-time investors seeking a quality income-producing asset with long-term appreciation potential. Each unit is separately metered for water, sewer and electricity. Heat consists of Rinnai heaters. Individual propane tanks for each unit.
Property Facts
| Price Per Unit | $98,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 4 | Building Size | 2,195 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/1985 |
| Apartment Style | Low-Rise | Parking Ratio | 1.82/1,000 SF |
| Zoning | Res A - R3 - Low density residential district | ||
| Price Per Unit | $98,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,195 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1900/1985 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | Res A - R3 - Low density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | ROCD-000020A-000000-007000 | Improvements Assessment | $158,500 |
| Land Assessment | $85,800 | Total Assessment | $244,300 |
Property Taxes
Parcel Number
ROCD-000020A-000000-007000
Land Assessment
$85,800
Improvements Assessment
$158,500
Total Assessment
$244,300
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