50 Summer Street Rockland, ME
$950,000
Baths 11
Square Footage 8,936
Acres 0.42
Description
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.
Listed by Midcoast Realty Group, Penney Read 207-707-5200
Details
MLS 1580845
Status Active Under Contract
Price $950,000
DOM 326 days
Type Multi-Family
Style Colonial, Victorian, New Englander
Total Baths 11 full baths
Square Feet 8,936 sqft
Lot Size 0.42 acres
Year Built 1874
Taxes Paid $13,484
Lot & Building Features
Cooling None
Tax Year 2023
Taxes Paid $13,484
Room Details
Basement Description Brick/Mortar, Unfinished, Interior Entry
Unit Features
Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 4
Unit 2 Full Baths 1
Unit 2 of Bedrooms 1
Unit 2 of Rooms 3
Unit 3 Full Baths 1
Unit 3 of Bedrooms 1
Unit 3 of Rooms 3
Unit 4 Full Baths 1
Unit 4 of Bedrooms 2
Unit 4 of Rooms 4
Unit 5 Full Baths 1
Unit 5 of Bedrooms 2
Unit 5 of Rooms 4
Unit 6 Full Baths 1
Unit 6 of Bedrooms 2
Unit 6 of Rooms 4
Unit 7 Full Baths 1
Unit 7 of Bedrooms 1
Unit 7 of Rooms 3
Unit 8 Full Baths 1
Unit 8 of Bedrooms 1
Unit 8 of Rooms 2
Unit 9 Full Baths 1
Unit 9 of Bedrooms 2
Unit 9 of Rooms 4
Unit 10 Full Baths 1
Unit 10 of Bedrooms 2
Unit 10 of Rooms 4
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.