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4 Chestnut St, Rockland, ME 04841 4 Chestnut St 5 Unit Apartment Building $569,000 ($113,800/Unit) Rockland, ME 04841
Executive Summary
Spacious in-town lot with generously sized units, located a short distance from Rockland's downtown restaurants, shops, Hannaford, Planet Fitness, and more. The property features a large yard, ample parking. Consists of two - one-bedroom, one-bath units, one - two-bedroom, one bath unit and two efficiencies. Well-situated to benefit from Midcoast Maine's consistently strong rental market. Current rents are below market rent levels, offering excellent upside potential. The owner presently covers heating for all units, though heating costs are modest and could be easily shifted to tenants. Being sold separately now.
Property Facts
| Price | $569,000 | Building Class | B |
| Price Per Unit | $113,800 | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 3,922 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1918 |
| Property Subtype | Apartment | Parking Ratio | 0.8/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R6B - R6 - Medium density residential district | ||
| Price | $569,000 |
| Price Per Unit | $113,800 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 3,922 SF |
| No. Stories | 3 |
| Year Built | 1918 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | R6B - R6 - Medium density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | ROCD-000024D-000000-014000 | Improvements Assessment | $263,300 |
| Land Assessment | $98,200 | Total Assessment | $361,500 |
Property Taxes
Parcel Number
ROCD-000024D-000000-014000
Land Assessment
$98,200
Improvements Assessment
$263,300
Total Assessment
$361,500
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4 Chestnut St, Rockland, ME 04841 | 4 Chestnut St
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