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Three-Unit Building with Updated Kitchen
For Sale
$369,500

30 Chestnut St, Rockland, ME 04841

1855 property with three separate residences, varied bedroom counts, and access to Rockland’s downtown and harbor areas.

Property Size3,535 SF
Price / SF$104.53
Days on Market13

Property Features for 30 Chestnut St

General Information

Standard status Active
Size 3,535 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR, 1 x 2BR, 1 x 1BR
Multifamily Units 3

Additional Details

Sprinkler System Yes

Building Details

Year Built 1855
Buildings 1
Listing Agency: Dwelling In Maine
Listed By: Victoria Condon
Source: Aroostookrealestate
Added: Aug 20 Changed: Aug 28 Last Checked: Aug 30 at 8:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dwelling In Maine

Investment Insights

Based on property information with market context.

This three-unit residential income property at 30 Chestnut St includes 3,535 square feet across three floors. The first-floor residence has four bedrooms, an updated kitchen, and a private entrance from the side deck. A two-bedroom unit occupies the second floor, while the third-floor residence provides one bedroom and separate access by rear stairs. A basement sprinkler system is included, and the property previously participated in a Housing Rehab Program.

The building is near downtown Rockland, the harbor, shops, restaurants, the waterfront, and everyday amenities. Its three-residence layout supports multiple occupancy arrangements, including owner occupancy, multigenerational living, or rental use, as described in the property information. Built in 1855, the property combines an established structure with distinct entrances and varied unit configurations.

Key Highlights

  • Three‑unit building with 3,535 square feet
  • First‑floor unit includes four bedrooms and an updated kitchen
  • Second‑floor residence has two bedrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby

Demographics for 04841, ME

6,936
Population
4,073
Households
1.7
Avg Household Size
48
Median Age
36%
College-Educated
91%
High-School Grad
12.8 sq mi
ZIP Area
542
Density / Sq Mi
$55,276
Median Household Income
$35,874
Median Earnings
$986
Median Rent
$234,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - 1855 property with three separate residences, varied bedroom counts, and access to Rockland’s downtown and harbor areas.
Where is this triplex located?
The property is located at 30 Chestnut St Rockland, ME.
What is the asking price?
The asking price for this property is $369,500.
What are key features of this property?
This property features: Three‑unit building with 3,535 square feet; First‑floor unit includes four bedrooms and an updated kitchen; Second‑floor residence has two bedrooms
More about this property
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