Building Details

Year Built 1880

Buildings 1

Listing Agency: RE/MAX JARET & COHN

Listed By: Kirsten Clough Show Phone

Source: Aroostookrealestate

Added: Mar 13 Changed: Oct 11 Last Checked: Oct 7 at 4:02PM

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Investment Insights

Based on property information with market context.

This three-unit apartment property contains 3,411 square feet within a wood-frame building constructed in 1880. Exterior materials include vinyl siding and shingle elements, while interior heating is provided by radiator and forced-air systems.

The property is located at 68 Masonic Street in Rockland, Maine, near downtown amenities. The building includes three apartment units and offers an established multifamily configuration in an in-town setting.

Key Highlights

• Three apartment units in one multifamily building
• 3,411 square feet of building area
• Constructed in 1880

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Dental Office Locksmith (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance 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

Location Intelligence

Trade Area within ½ mile

808

Businesses Nearby

Explore this area Business Placement

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 - In-town multifamily property with three apartment units and 1880 construction.

Where is this triplex located?

The property is located at 68 Masonic St Rockland, ME.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: Three apartment units in one multifamily building; 3,411 square feet of building area; Constructed in 1880