85 Union Street, Rockland, ME 04841

Rockland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
85 Union Street,Rockland, ME 04841
$1,500,020
  • - Beds
  • 11 Baths
  • 11,820 sq. ft.
  • Multi-family
  • Active
Office: keller williams realty
MLS#:1667188
Source:ME_MREIS

Price summary

  • Price:$1,500,020
  • Price per sq. ft.:$126.91

About this home

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...

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Home facts

  • Year built:1880
  • Listing ID #:1667188
  • Updated:July 31, 2026 at 10:26 AM

Rooms and interior

  • Total bathrooms:11
  • Full bathrooms:11
  • Flooring:Wood
  • Basement Description:Exterior Entry, Unfinished
  • Living area:11,820 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas Natural, Heating, Hot Water
  • Central air:Yes

Structure and exterior

  • Year built:1880
  • Building area:11,820 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Business District, Near Shopping, Near Town, Open Lot
  • Construction Materials:Vinyl Siding, Wood Frame
  • Levels:Multi Level

Finances and disclosures

  • Price:$1,500,020
  • Price per sq. ft.:$126.91
  • Tax amount:$16,393 (2025)

Parking

  • Parking description:5 - 10 Spaces, Attached Garage, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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