Agent profile image in chat bubble
Agent profile image in chat header

Adam Dow

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

Agent profile image in message

85 Union St , Rockland, ME 04841
$1,500,020
Est. Payment: $7,739.46/mo
0 Bed
11 Bath
11820 Sqft
Status: active | Days on site: 12
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275

By providing your number, you are expressly consenting, in writing, to receive telemarketing and other messages, including calls or texts at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply. Text STOP to cancel.

This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply.

House 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.

Highlights

Listed by Edward Baldacci , 207-939-2969 and Robert Baldacci , 207-756-2063 Keller Williams Realty , 207-879-9800. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.26

Year Built

1880

County

Knox

Listing ID

1667188

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:11
  • Full Bathrooms:11
Air Cond:Central Air
Fireplaces:
Floor:Wood
Above Ground Sq Ft:11820
Below Ground Sq Ft:0
Basement:Exterior Entry,Unfinished
Other:Unknown

Exterior Features

Lot:Business District,Near Shopping,Near Town,Open Lot
Zoning:00
Roof:Other
Sewer:Unknown
Parking Features:Paved,5 - 10 Spaces
Principal Interest
$7,739
Taxes
$1,366

Home Price

$1,500,020

Loan Details

30 yrs
6.695%

Down Payment

20%
$300,004
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,739.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,739.46 $1,366.08 $0.00 $9,105.54
Yearly $92,873.51 $16,393.00 $0.00 $109,266.51
Total $2,786,205.39 $491,790.00 $0.00 $3,277,995.39

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Aug 2026

Average Price

All Price Ranges
N/A
Aug 2026

Average Days on Market

All Price Ranges
N/A
Aug 2026
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.

Listing 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.


IDX service by Blueroof 360

Data last updated: 2026-08-02T07:29:11.000Z

© 2026 Maine Real Estate Information System, Inc.

MLS Logo - Maine Real Estate Information System, Inc.