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4-Unit Multifamily Property
New
For Sale
$609,360

43 Broad St., Rockland, ME 04841

Residential Income, Rockland, ME

Property Size4,697 SF
Lot Size0.21 Acres
Price / SF$129.73
Days on Market1

Property Features for 43 Broad St.

General Information

Property type Residential Multi Family
Property subtype Other
Standard status Active
Lot size 0.21 Acres

Building Details

Buildings 1
Listing Agency: Keenan Auction Company, Inc.
Listed By: Richard Keenan
Added: Nov 6 Last Checked: Nov 6 at 12:06PM
MLS# 12059064

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 2.5-story, wood-frame multifamily property contains four apartments totaling 4,697+/- SF of gross living area. Each unit has two bedrooms, a kitchen, living room, and bath. Built circa 1900, the building has vinyl siding, an architectural-shingle roof, and a full concrete basement of approximately 1,745+/- SF. Heating is oil-fired forced air.

The property is located at 43 Broad St. in Rockland, 0.4 miles from the waterfront. The site has 63'+/- of frontage on Broad St., public water and sewer, and a generally level layout. C-2 Commercial zoning and gravel driveways with eight parking spaces are also noted.

The property is being offered through a public real estate auction.

Key Highlights

  • Four 2BR apartments; total building area of 4,697+/- SF GLA
  • 63'+/- frontage on Broad St.; 0.4 miles to the waterfront
  • C‑2 Commercial zoning with public water and sewer

Property Analytics

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Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

808
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom apartments each include a kitchen, living room, and bath.
Where is this quadplex located?
The property is located at 43 Broad St. Rockland, ME.
What is the asking price?
The asking price for this property is $609,360.
What are key features of this property?
This property features: Four 2BR apartments; total building area of 4,697+/- SF GLA; 63'+/- frontage on Broad St.; 0.4 miles to the waterfront; C‑2 Commercial zoning with public water and sewer
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