85 Union Street, Rockland, ME 04841 (MLS# 1667188)

85 Union Street, Rockland, ME 04841

New Listing

$1,500,020

Property Type: Multi-Family Baths: 11 Square Footage: 11,820 Lot Size (sq. ft.): 11,326 Status: Active

Current Price: $1,500,020 List Date: 6/15/2026 Last Modified: 6/18/2026

Overview

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 ... (Read more)

Listing Details MLS# 1667188

Location Information

Street #: 85
Street Name: Union
Street Type: Street
County: Knox
Town: Rockland
State/Province: ME
Zip Code: 04841
Zip +4: 2924
Leased Land: No
Book: 6103
Page: 309
Map: 004
Lot: 000017
Zoning: 00
Zoning Overlay: No
Association: No
Full Tax Amount $: 16393
Tax Year: 2025
Tree Growth Y/N: Yes

Contract Information

Original List Price: 1500020

Property Information

Surveyed: Unknown
Seasonal: No
Number of Units: 11
Total Baths: 11
Total Full Baths: 11
Year Built: 1880
SqFt Finished Above Grade: 11820
SqFt Finished Total: 11820
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.26
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0

Water Info

Water Frontage: No
Water View: No

Units

# of 1 BD Units: 7
# of 2 BD Units: 4

Unit 1

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1185
# Full Baths: Yes
# of Rooms: 2
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

More Information

Unit 2

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1275
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1250
# Full Baths: Yes
# of Rooms: 2
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1380
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1285
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1325
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 9

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1275
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 10

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1385
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 11

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1325
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes

Vehicle Storage

Attached: Yes

Levels

Multi-Level: Yes

Site

Open: Yes

Location

Business District: Yes
Near Shopping: Yes
Near Town: Yes

Roads

Paved: Yes

Style

Other: Yes

Construction

Wood Frame: Yes

Basement

Unfinished: Yes

Foundation Materials

Other: Yes

Exterior

Vinyl Siding: Yes

Roof

Other: Yes

Heat System

Hot Water: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 166620
Operating Expenses: 37520

Cooling

Central Air: Yes

Floors

Wood: Yes

Parking

5 - 10 Spaces: Yes

Electric

Unknown: Yes

Gas

Natural - On Site: Yes

Sewer

Unknown: Yes

Water

Unknown: Yes

Driveway

Paved: Yes

Basement Entry

Exterior Only: Yes

Water Heater

Oil: Yes

Property Features

Site: Open Location: Business District; Near Shopping; Near Town Roads: Paved Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Unfinished Basement Entry: Exterior Only Foundation Materials: Other Exterior: Vinyl Siding Roof: Other Heat System: Hot Water Heat Fuel: Gas Natural Water Heater: Oil Cooling: Central Air Floors: Wood Driveway: Paved Parking: 5 - 10 Spaces Electric: Unknown Gas: Natural - On Site Sewer: Unknown Water: Unknown

Documents

Other Public Access 1 ›

Property Disclosure Public Access ›

Income and Expenses ›

IDX

Listing Office: Keller Williams Realty

Last Updated: June - 18 - 2026

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