$599,000

4 Chestnut St Rockland, ME 04841

Estimated payment $3,678/month

Total Views 179
-- Bed
5 Baths
3,922 Sq Ft
$153 Price per Sq Ft

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System
  • New Englander Architecture
  • No HOA
  • Hot Water Heating System

About This Home

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.

Listing Agent

Douglas Erickson

SVN The Masiello Group Listed on: 08/24/2025

SVN The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1918

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,922 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 014 / D
  • Assessor Parcel Number ROCD-000024D-000000-014000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $23,426
  • Gross Income $60,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,969

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: Property is located at the intersection of North Main and Chestnut Streets
  • Above Grade Finished Sq Ft: 3922.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1918
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3922.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 60725.0
  • Income Expenses Operating Expenses: 23426.0
  • Parking:On Site2: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Water Info:Island3: No
  • Basement:Sump Pump: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Full, Sump Pump, Exterior Only, Unfinished
  • Full Bathrooms: 5
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.4
  • Parcel #: ROCD-000024D-000000-014000
  • Zoning: Res A

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 60725.0
  • Annual Operating Expense: 23426.0

Tax Info

  • Tax Annual Amount: 4969.0
  • Tax Block: D
  • Tax Book Number: 1796
  • Tax Lot: 014
  • Tax Map Number: 24
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 For Sale $599,000 -- $153 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1635367

Maine Listings
Maine Knox County Rockland 04841

4 Chestnut St, Rockland, ME

This home is located at 4 Chestnut St, Rockland, ME 04841 and is currently priced at $599,000, approximately $152 per square foot. This property was built in 1918. 4 Chestnut St is a home located in Knox County with nearby schools including South School, Oceanside High School East, and Pen Bay Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Douglas Erickson
Listing Agent
Douglas Erickson
Section Image
SVN The Masiello Group
(207) 223-3153