Ad #7874888
MLS #1667188
Exceptional multifamily investment opportunity in the heart of
85 Union St, Rockland, ME 04841
$1,500,020
--Beds
11Baths
11,820Sqft
0.26Acres
About this property
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.
Property Features
0 Beds
11 Baths
11,820 Sqft
Built in 1880
0.26 Acres
Siding: Wood Frame, Vinyl Siding
Hot Water(Heating), Natural Gas
$16,393 / yr property tax
Knox County
Additional Photos
Contact Information
Edward Baldacci
Keller Williams Realty
207-939-2969
Location
Listing Agent: Edward Baldacci 207-939-2969
Broker: Keller Williams Realty 207-879-9800 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty 207-879-9800 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$1,500,020
--
Beds
11
Baths
11,820
Sqft
85 Union St, Rockland, ME 04841
By contacting this agent you agree to these Terms and Conditions.
MLS# 1667188
Exceptional multifamily investment opportunity in the heart of
$1,500,020
85 Union St, Rockland, ME 04841
--
Beds
11
Baths
11,820
Sqft
0.26
Acres
$1,500,020
85 Union St, Rockland, ME 04841
-- Beds
11 Baths
11,820 Sqft
0.26 Acres
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.
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Property Details
HOME DETAILS
0 Beds
11 Baths
11,820 Sqft
Built in 1880
0.26 Acres
EXTERIOR
Siding: Wood Frame, Vinyl Siding
INTERIOR
Hot Water(Heating), Natural Gas
FINANCIAL & COMMUNITY
$16,393 / yr property tax
Knox County
See More Details
Location
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Ad Statistics
Ad Number
7874888
Viewed
66 times
Listing Status
Active
Added
Jul 06, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Maine Listings
Source Property ID
1667188
Listing Agent: Edward Baldacci 207-939-2969
Broker: Keller Williams Realty 207-879-9800 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty 207-879-9800 Listing Site
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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