Penny Wood - HK Realty Logo
$999,990
 $5,368 est/mo Sourced by Back At You

100 Union Street,Rockland, ME 04841

Rockland, ME 04841

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Description

Exceptional multifamily investment opportunity in the heart of Rockland. 100 Union Street is an eight-unit apartment building comprised of seven one-bedroom units and one two-bedroom unit, ideally situated just moments from downtown Rockland's thriving waterfront, restaurants, retail, 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 realize additional value through strategic rent increases while benefiting from existing cash flow. Located in a highly walkable neighborhood with strong tenant demand, 100 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. 100 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 both immediate income and long-term upside.

Details

MLS #1667181
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1860
Days On Site131
Listing Provided ByKeller Williams Realty | Edward Baldacci

Features

Bath(s) 8 Total
SQ Feet7,324
Units8
Zoning00
Acreage0.18

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air

Exterior

RoofComposition, Other
Foundation DetailsOther
Lot FeaturesBusiness District, Intown, Open Lot
Construction MaterialsWood Frame, Composition, Vinyl Siding

Parking

Attached Garage Yes / NoYes
Garage Yes / NoNo
Parking FeaturesPaved, 5 - 10 Spaces

Utilities

SewerUnknown
ElectricUnknown

Taxes

Tax Annual Amount12012
Tax Book Number6103
Tax Year2025
Tax Lot000013
Tax Map Number022

Area Information

StateME
CountyKnox
CityRockland
Zip Code04841
AreaKnox
Listing VS Median (in 04841)
Price:
$999,990
low | high
Med:
$439,000
100% of Average
sqft:
7,324
low | high
Med:
2,800
100% of Average
$ / sqft:
$137
low | high
Med:
$157
35.168994547088% of Average
On site:
131
low | high
Med:
228
57.456140350877% of Average
Sourced by Back At You

Market Activity 04841

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Listing data is derived in whole or in part from the Maine IDX and 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.

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Learn More About This Property

Penny Wood

Penny Wood

HK Realty

051694 (603) 944-2857penny.wood@h-krealty.com
StateME
CountyKnox
CityRockland
Zip Code04841
AreaKnox
Listing VS Median (in 04841)
Price:
$999,990
low | high
Med:
$439,000
100% of Average
sqft:
7,324
low | high
Med:
2,800
100% of Average
$ / sqft:
$137
low | high
Med:
$157
35.168994547088% of Average
On site:
131
low | high
Med:
228
57.456140350877% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $749K - $1.249M
sqft: 5,000 - 9,000
Nearby Listings Property ImageNearby Listings Details
8 N North Main Street Property Photo 1
$1,000,000
8 N North Main Street
Rockland, ME 04841
Listing Updated: September 28, 2026 at 7:01:49 PM PDT

Penny Wood - HK Realty