4 Chestnut St
- Residential Complex Centrally Located In Town Center
- Prime Location Close To Major Shopping And Rockland Harbor
- Large On-Site Parking Area
Property 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 five - one-bedroom, one-bath units. 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $545,000 |
| No. of Units: | 5 |
| Year Built: | 1918 |
| Lot Size: | 0.29 Acres |
| Opportunity Zone: | No |
| Price per unit: | $109,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 0 |
ID: 1547558
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
146 Lowell St, 371 Spruce & 32 Mitchell Street
Manchester, New Hampshire
146 lowell Street
Manchester, New Hampshire
7-9 Tremont Street
Boscawen, New HampshireBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout