Multifamily Portfolio with Renovated
For Sale
Contact for pricing
85 Union Street, Rockland, ME 04841
For-sale portfolio of 27 multifamily units across three properties with a mix of renovated one- and two-bedroom apartments.
Property Size23,032 SF
Price / SF$151.96
Days on Market53
Property Features for 85 Union Street
General Information
Standard status
Active
Size
23,032 SF
Property subtype
Multifamily
Listing Agency:
Keller Williams Realty
Listed By:
Edward Baldacci · License #BA930083
Source:
Crexi
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 5 at 8:12AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This for-sale Rockland portfolio includes 27 multifamily units across three neighboring buildings: 85 Union Street (11 units), 100 Union Street (8 units), and 34–36 Pleasant Street (8 units). The residential mix consists of renovated one-bedroom and two-bedroom apartments, supported by capital improvements and unit renovations as described in the offering materials.
All three assets are located in close proximity to one another in Rockland, Maine, and are described as being minutes from the downtown waterfront, restaurants and retail, healthcare facilities, and major employment centers. The portfolio can be acquired as a group or evaluated as individual properties.
For buyers looking for multifamily scale in a concentrated geographic area, the three-building configuration may support streamlined management and reduced maintenance coordination, given the close location of the properties. The portfolio’s unit mix and renovation focus can also appeal to operators seeking to maintain a consistent rental offering while managing tenant turnover and ongoing unit improvements. This is a straightforward opportunity to purchase a maintained multifamily portfolio with multiple buildings and a defined number of apartment units already in place.
All three assets are located in close proximity to one another in Rockland, Maine, and are described as being minutes from the downtown waterfront, restaurants and retail, healthcare facilities, and major employment centers. The portfolio can be acquired as a group or evaluated as individual properties.
For buyers looking for multifamily scale in a concentrated geographic area, the three-building configuration may support streamlined management and reduced maintenance coordination, given the close location of the properties. The portfolio’s unit mix and renovation focus can also appeal to operators seeking to maintain a consistent rental offering while managing tenant turnover and ongoing unit improvements. This is a straightforward opportunity to purchase a maintained multifamily portfolio with multiple buildings and a defined number of apartment units already in place.
Key Highlights
- Portfolio includes 27 multifamily units across three properties: 85 Union St (11 units), 100 Union St (8 units), and 34–36 Pleasant St (8 units).
- Mix of renovated 1‑bedroom and 2‑bedroom apartments across the portfolio.
- All three assets are located close to one another, supporting operational efficiencies and streamlined management.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
827
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - For-sale portfolio of 27 multifamily units across three properties with a mix of renovated one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 85 Union Street Rockland, ME.
What is the asking price?
The asking price for this property is $3,499,990.
What are key features of this property?
This property features: Portfolio includes 27 multifamily units across three properties: 85 Union St (11 units), 100 Union St (8 units), and 34–36 Pleasant St (8 units).; Mix of renovated 1‑bedroom and 2‑bedroom apartments across the portfolio.; All three assets are located close to one another, supporting operational efficiencies and streamlined management.
