85 Union St | Image 1
New
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$1,500,020

For Sale

2 days ago

85 Union St, Rockland, ME

House

MLS® 1667188

0 Bed

11 Bath

11820 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 11820 sqft
Garage 
Taxes $16,393
Days Active 2
Lot Size 0.26 Acres
Approx. Age 1880
Avg. Price Per Sqft $126
MLS® Number 1667188

Property Address: 85 Union St, Rockland, ME, 04841-2924

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional multifamily investment opportunity in the heart of Rockland. 85 Union Street is an 11-unit apartment building comprised of seven one-bedroom units and four two-bedroom units, ideally situated just moments from downtown Rockland's thriving waterfront, restaurants, retail destinations, and employment centers. The property features attractive, well-maintained renovated units with numerous updates, offering investors a stable asset in one of Midcoast Maine's strongest and most desirable rental markets. Current rents provide the opportunity for future growth, allowing investors to unlock additional value through strategic rent increases while benefiting from reliable in-place cash flow. Located in a highly walkable neighborhood with strong tenant demand, 85 Union Street offers an appealing combination of location, quality, and upside potential. The property's proximity to downtown amenities, healthcare services, and major employers continues to support long-term occupancy and rental growth. 85 Union Street is being offered as part of a larger three-building, 27-unit Rockland multifamily portfolio, with all properties located in close proximity to one another. Investors have the opportunity to acquire an individual asset or pursue additional scale through the portfolio offering. A rare opportunity to acquire a well-positioned multifamily property in a supply-constrained market with a desirable unit mix, immediate income, and long-term upside potential.
MLS® Number1667188
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
BasementExterior Entry, Unfinished
Driveway
Garage Spaces
HeatGas Natural, Hot Water
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$1,500,020List Price
  • Commute

Commute

Starting Address
Destination Address
85 Union St, Rockland, ME

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