46 Grace Street Pl Rockland, ME 04841
- Commercial real estate
- 3,492 SF
- 0.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 46 Grace Street Pl
- Year built
- 1900
- Lot size
- 0.24 lot acres
- Property size
- 3,492 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 3,492 square foot, five-unit property located at 46 Grace Street in Rockland, Maine. Situated on a level 0.24-acre lot, this property offers significant potential for a savvy investor. Currently in need of repairs, the town of Rockland is actively supportive of renovations and working with new owners to bring the property up to code. This presents a unique chance to either restore the existing five-unit structure for immediate rental income, convert it into a more manageable duplex configuration, or even undertake a complete transformation into a grand single-family residence. The property's convenient location within walking distance of downtown Rockland adds to its appeal, offering easy access to local amenities and services. The quiet street provides a peaceful setting, while the level lot offers ample space for outdoor improvements or expansion. The asking price of $200,000 represents a compelling entry point into the Rockland real estate market, offering substantial upside potential for the right buyer. This is a rare chance to acquire a property with significant flexibility and high return potential. Don't miss this opportunity to shape the future of this promising Rockland property.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockland
- County
- Knox
- State
- Maine
- Longitude
- -69.1142
- Latitude
- 44.1026
