11-Unit Apartment Building with Mixed
85 Union Street Rockland, ME 04841
85 Union Street, Rockland, ME, 04841
$1,500,020
For Sale
$1,500,020
11-unit building with seven one-bedroom and four two-bedroom apartments, offered as part of a three-building portfolio.
Property Size11,820 SF
Price / SF$126.91
Days on Market52
Property Features for 85 Union Street
General Information
- Standard status
- Active
- Size
- 11,820 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1880
Listing Agency
Keller Williams Realty
Listed by
Edward Baldacci
(603) 866-2942
Source
Profoundrealestate
Added: May 27 Checked: Jul 15 at 8:54 pm
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Investment Insights
Based on property information with market context.
85 Union Street is an 11-unit apartment building featuring seven one-bedroom units and four two-bedroom units. The property includes renovated, well-maintained apartments with numerous updates, designed to support long-term rental use.
The building is located in Rockland, just moments from downtown and the waterfront, with convenient access to restaurants, retail destinations, and employment centers. This walkable, amenity-oriented setting is intended to help support consistent occupancy.
The property is being offered as part of a larger three-building, 27-unit Rockland multifamily portfolio, with the buildings located in close proximity. An individual asset acquisition is available, or buyers may pursue the broader portfolio for additional scale. Current rents are positioned to support potential future rent growth while maintaining in-place cash flow.
The building is located in Rockland, just moments from downtown and the waterfront, with convenient access to restaurants, retail destinations, and employment centers. This walkable, amenity-oriented setting is intended to help support consistent occupancy.
The property is being offered as part of a larger three-building, 27-unit Rockland multifamily portfolio, with the buildings located in close proximity. An individual asset acquisition is available, or buyers may pursue the broader portfolio for additional scale. Current rents are positioned to support potential future rent growth while maintaining in-place cash flow.
Key Highlights
- 11‑unit apartment building built in 1880 in Rockland
- Unit mix: seven 1‑bedroom units and four 2‑bedroom units
- Offered as part of a larger three‑building, 27‑unit Rockland multifamily portfolio
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FAQs
What type of property is this?
Apartment building - 11-unit building with seven one-bedroom and four two-bedroom apartments, offered as part of a three-building portfolio.
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 $1,500,020.
What are key features of this property?
This property features: 11‑unit apartment building built in 1880 in Rockland; Unit mix: seven 1‑bedroom units and four 2‑bedroom units; Offered as part of a larger three‑building, 27‑unit Rockland multifamily portfolio
