Rockland, ME 04841 50 Summer Street
$950,000
Presented By: Midcoast Realty Group;
Baths • 11
SQFT • 8,936
Garage • 2
Home Details
Charming and well maintained 11-unit property in downtown Rockland is accessible to all that Rockland has to offer. There are 6 two bedroom and 5, one-bedroom units in this building, with parking for all units. Carefully maintained and upgraded in the past five years, with renovations to most of the units. Exterior painting will be completed prior to closing. This property has longtime residents who enjoy their bright and spacious apartments and would like to continue to live in the building. All new sewer exit lines and pumps in Sept. 2023. The property will convey with a MSHA loan at 5.75% to a qualified buyer.
Note: this property is owned by a relative of the real estate broker. Seller concessions available.
Presented By: Midcoast Realty Group;
Interior Features for 50 Summer Street
Bathrooms
Half Baths0
Total Baths11
Other Interior Features
Above Grade Finished Area8936.0
Air Conditioning Y/NNo
BasementBrick/Mortar, Interior Entry, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
Fireplace Y/NNo
FlooringWood, Vinyl, Carpet
Heating Y/NYes
Total Fireplaces
General for 50 Summer Street
Additional Parcels Y/NNo
Architectural StyleColonial, New Englander, Victorian
Attached Garage No
Carport Y/NNo
CityRockland
Construction MaterialsClapboard, Wood Frame
CoolingNone
CountyKnox
ElectricCircuit Breakers
Electric On Property Y/NNo
Exclusionsall fixtures convey
Full Baths11
Garage Spaces2.0
Garage Y/NYes
Gross Income122400.0
HOANo
HeatingMulti-Zones, Hot Water, Baseboard
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet18295.2
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal11
Operating Expense57123.0
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedNo
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Stories3
Tax Annual Amount13484.0
Tax LotE-3
Tax Year2023
UtilitiesUtilities On
Virtual TourClick here
Waterfront Y/NNo
Year Built1874
ZoningResidential A
Exterior for 50 Summer Street
Building Area Total8936.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Open Lot, Sidewalks, Landscaped, Intown, Near Shopping
Lot Size Acres0.42
Lot Size Area0.42
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features11 - 20 Spaces, Gravel
SpaNo
Water SourcePublic
Additional Details
Price History
Jon Mercier
Designated Broker/ Realtor®