Listed by SVN The Masiello Group Rockland
$545,000
4 Chestnut St, Rockland, ME 04841
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,922
Units 5
Price per SqFt $139
Year Built 1918
Buildings 1
Stories 3
Acreage 0.290
Zoning Res A
Multifamily | 5 Units | $109,000/unit
Marketing description
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.
Listing Contacts
Listed by SVN The Masiello Group Rockland
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