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    Five-Unit Apartment Building Title is generated by Realmo AI

    4 Chestnut St, Rockland, ME 04841

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    For Sale
    $545,000

    Five spacious one-bedroom apartments with a large yard and ample on-site parking in central Rockland.

    Type:Multifamily
    Added:
    Jun 25, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 27 at 3:16 am

    Property Features for 4 Chestnut St

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    Building Details

    Year Built
    1918

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    Douglas Erickson, CCIM
    Douglas Erickson, CCIM

    Listing office SVN The Masiello Group Rockland

    Listing date Jun 25, 2026

    Source Svnmasiellogroup

    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 SVN The Masiello Group Rockland

    HighLights

    • Built in 1918: five 1‑bedroom, 1‑bath units in a single residential complex
    • Central Rockland in‑town location within a short distance of downtown restaurants and shops
    • Close to Hannaford and Planet Fitness
    • Large yard with ample on‑site parking
    • Owner currently covers heating for all units; heating costs are described as modest and could be shifted to tenants
    • Current rents are below market rent levels, indicating potential for rent increases

    Overview

    This in-town five-unit apartment building includes five one-bedroom, one-bath units with generously sized layouts. The property offers a large yard and ample on-site parking for residents. As currently operated, the owner covers heating for all units, and the remarks note that heating costs are modest and could potentially be shifted to tenants.

    The building is centrally located within a short distance of Rockland’s downtown restaurants and shops, as well as Hannaford and Planet Fitness. It also benefits from proximity to Rockland Harbor, supporting convenient access to everyday services and amenities.

    For investors or operators seeking a small residential income property, the unit mix provides straightforward leasing and consistent occupancy options across one-bedroom apartments. The listing also states that current rents are below market rent levels, which may be relevant to underwriting and future rent-setting. With its central convenience, parking, and outdoor space, the property is designed for practical resident needs while retaining flexibility in how utilities are handled.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Dental Office Grocery & Convenience Store Cosmetic Store (Bike/Boat/Book/etc) Store Car Rental Facility Arcade & Gaming Center Pet Store Coworking & Hybrid Office (Bike/Boat/Book/etc) Store Mobile Phone Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockland
    County
    Knox
    State
    Maine
    Longitude
    -69.1108753
    Latitude
    44.1125895

    FAQs

    What type of property is this?
    Apartment building - Five spacious one-bedroom apartments with a large yard and ample on-site parking in central Rockland.
    Where is this apartment building located?
    The property is located at 4 Chestnut St Rockland, ME.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: Built in 1918: five 1‑bedroom, 1‑bath units in a single residential complex; Central Rockland in‑town location within a short distance of downtown restaurants and shops; Close to Hannaford and Planet Fitness
    More about this property
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