4 Chestnut Street, Rockland, ME 04841

$569,000
Property Type: Multi-Family Baths: 5 Square Footage: 3,922 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $569,000 List Date: 8/24/2025 Last Modified: 11/04/2025

Description

Spacious in-town lot with generously sized units, located a short distance from Rockland's downtown restaurants, shops, Hannaford, Planet Fitness, and more. The property features a large yard, ample parking. Consists of two - one-bedroom, one-bath units, one - two-bedroom, one bath unit and two efficiencies. Well-situated to benefit from Midcoast Maine's consistently strong rental market. Current rents are below market rent levels, offering excellent upside potential. The owner presently covers heating for all units, though heating costs are modest and could be easily shifted to tenants. Being sold separately now.

Supplements: ********

More Information MLS# 1635367

Location Information

Book: 1796 Leased Land: No Page: 292 Map: 24 Block: D Lot: 014 Zoning Overlay: No Association: No Tree Growth Y/N: No Street #: 4 Street Name: Chestnut Street Type: Street County: Knox Town: Rockland State/Province: ME Zip Code: 04841 Zip +4: 3059 Zoning: Res A Full Tax Amount $: 4969 Tax Year: 2024 Geo Lat: 44.112433 Geo Lon: -69.110876

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Number of Units: 5 Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.29 Total Baths: 5 Total Half Baths: 0 Color: White Road Frontage: Yes Road Frontage +/-: 130 Source of Road Frontage: Public Records SqFt Finished Above Grade: 3922 SqFt Finished Below Grade: 0 SqFt Source: Public Records Furniture: Unfurnished Garage: No Total Full Baths: 5 Year Built: 1918 SqFt Finished Total: 3922 Source of Acreage: Public Records

Site

Corner Lot: 1 Level: 1

Location

Business District: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No Island: No

Style

Federal: 1

Construction

Wood Frame: 1

Basement

Full: 1 Sump Pump: 1 Unfinished: 1

Foundation Materials

Stone: 1

Exterior

Vinyl Siding: 1

Roof

Shingle: 1

Heat System

Direct Vent Heater: 1 Forced Air: 1 Hot Water: 1

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 5 # Water Heaters: 5

Heat Fuel

Oil: 1 Propane: 1

Income & Expenses

Gross Income: 60725 Operating Expenses: 23426

Cooling

None: 1

Floors

Carpet: 1 Vinyl: 1 Wood: 1

Units

# of 1 BD Units: 5

Parking

5 - 10 Spaces: 1 On Site: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: No Sewer: No Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: No Monthly Rent: 900 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Bottled: 1

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Unit 5

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 925 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Driveway

Gravel: 1

Basement Entry

Exterior Only: 1

Water Heater

Electric: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 599000 List Price: $569,000 Current Price: $569,000

Property Features

Site: Corner Lot; Level Location: Business District Roads: Paved; Public Style: Federal Construction: Wood Frame Basement: Full; Sump Pump; Unfinished Basement Entry: Exterior Only Foundation Materials: Stone Exterior: Vinyl Siding Roof: Shingle Heat System: Direct Vent Heater; Forced Air; Hot Water Heat Fuel: Oil; Propane Water Heater: Electric Cooling: None Floors: Carpet; Vinyl; Wood Driveway: Gravel Parking: 5 - 10 Spaces; On Site Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: SVN The Masiello Group
IDX
Last Updated: November - 04 - 2025
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