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For Sale

Rockland 5 Unit

4 Chestnut St,
Rockland, ME 04841

Asset Snapshot

Extended Stay
Multifamily Subtype
1918
Year Built
3
Floor Count
1
Building Count
8
Parking Spots
0.29 Acres
Land Area
5 Units
Unit Count
0 SF
Average Unit Size
3,922 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

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 five - one-bedroom, one-bath units. 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.


Investment Highlights

  • Residential Complex Centrally Located In Town Center
  • Prime Location Close To Major Shopping And Rockland Harbor
  • Large On-Site Parking Area

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Listing Syndicated From

Buildout
For Sale
$545,000
Asking Price