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.
Closed
$950,000
50 Summer Street, Rockland, ME 04841
18beds
8,936sqft
Multi Family
Built in 1874
-- sqft lot
$985,400 Zestimate®
$106/sqft
$1,825 Estimated rent
Home value
$985,400
Estimated sales range
Not available
$1,825/mo
Zestimate® history
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Bright and spacious apartmentsExterior painting
Zillow last checked:
Listing updated:
Listed by:
Midcoast Realty Group
Bought with:
NextHome Experience
Source: Maine Listings,MLS#: 1580845
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 11
- Full bathrooms: 11
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry,Unfinished,Brick/Mortar
- Has fireplace: No
Interior area
- Total structure area: 8,936
- Total interior livable area: 8,936 sqft
- Finished area above ground: 8,936
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel, 11 - 20 Spaces
- Garage spaces: 2
Features
- Stories: 3
Lot
- Size: 0.42 Acres
- Features: City Lot, Near Shopping, Level, Open Lot, Sidewalks, Landscaped
Details
- Zoning: Residential A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,New Englander,Victorian
- Property subtype: Multi Family
Materials
- Wood Frame, Clapboard
- Roof: Composition
Condition
- Year built: 1874
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Rockland
Financial & listing details
- Price per square foot: $106/sqft
- Annual tax amount: $13,484
- Date on market: 1/22/2024
- Exclusions: all fixtures convey
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2025 | Sold | $950,000$106/sqft |
Source:  Maine Listings #1580845 Report a problem | ||
| 4/5/2024 | Contingent | $950,000$106/sqft |
Source: Maine Listings #1580845 Report a problem | ||
| 3/28/2024 | Listed for sale | $950,000-4%$106/sqft |
Source: Maine Listings #1580845 Report a problem | ||
| 3/22/2024 | Contingent | $990,000$111/sqft |
Source: Maine Listings #1580845 Report a problem | ||
| 3/4/2024 | Listed for sale | $990,000$111/sqft |
Source: Maine Listings #1580845 Report a problem | ||
| 2/2/2024 | Contingent | $990,000$111/sqft |
Source: Maine Listings #1580845 Report a problem | ||
| 1/22/2024 | Listed for sale | $990,000+72.2%$111/sqft |
Source: Maine Listings #1580845 Report a problem | ||
| 3/11/2019 | Sold | $575,000-15.4%$64/sqft |
Source: Maine Listings #1334827 Report a problem | ||
| 6/18/2018 | Pending sale | $680,000$76/sqft |
Source: Better Homes & Gardens Real Estate/The Masiello Group #1334827 Report a problem | ||
| 12/18/2017 | Listed for sale | $680,000$76/sqft |
Source: Better Homes & Gardens Real Estate/The Masiello Gr #1334827 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04841
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Nearby schools
GreatSchools rating
- 5/10South SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Oceanside Middle SchoolGrades: 6-8Distance: 4.1 mi
- 3/10Oceanside High SchoolGrades: 9-12Distance: 0.7 mi
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- Maine
- Knox County
- Rockland
- 04841
- 50 Summer Street
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