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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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12 Grace St , Rockland, ME 04841
$395,000
Est. Payment: $877.78/mo
0 Bed
4 Bath
1937 Sqft
Status: Active Under Contract | Days on site: 28
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3156 - 001474
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House Description

Prime multifamily investment opportunity in the heart of Downtown Rockland. Ideally situated a short distance from Main Street, banks, professional offices, restaurants, shopping, and the waterfront harbor, this well-maintained property offers both convenience and long-term investment appeal. The property consists of four one-bedroom residential units and has established a strong history of occupancy, providing investors with a stable and reliable income stream. Its desirable downtown location, consistent rental demand, and proximity to Rockland's business district and harbor make this an exceptional opportunity for both seasoned and first-time investors seeking a quality income-producing asset with long-term appreciation potential. Each unit is separately metered for water, sewer and electricity. Heat consists of Rinnai heaters. Individual propane tanks for each unit.

Highlights

Listed by Douglas Erickson , 207-495-7518 SVN The Masiello Group , 207-596-6095.

Property Type

Multi-Family

Lot/Acreage
0.2

Year Built

1900

County

Knox

Listing ID

1673005

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:4
Floor:Carpet,Vinyl,Wood
Above Ground Sq Ft:1937
Below Ground Sq Ft:0
Basement:Interior Entry,Unfinished
Water:Public

Exterior Features

Lot:Business District,Intown,Level
Zoning:Res. A
Roof:Shingle
Sewer:Public Sewer
Parking Features:Gravel,5 - 10 Spaces,On Site
Principal Interest
$878
Taxes
$418

Home Price

$395,000

Loan Details

30 yrs
%

Down Payment

20%
$79,000
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Monthly Price:
$877.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $877.78 $417.50 $0.00 $1,295.28
Yearly $10,533.33 $5,010.00 $0.00 $15,543.33
Total $316,000.00 $150,300.00 $0.00 $466,300.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Rockland, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.