NOT LISTED FOR SALE

89 Park St Rockland, ME 04841

-- Bed
4 Baths
2,672 Sq Ft
10,454 Sq Ft Lot

Last Sold February 11, 2022

Last sale price $390,000 $146 Per Sq Ft

87 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • New Englander Architecture
  • Public Beach
  • Wood Flooring
  • No HOA

About This Home

As of February 2022

Excellent investment opportunity in prime location near Main Street, Rockland Harbor, museums, galleries, restaurants, beaches, shopping, and ferry service. Attractive four-unit building with off street parking has been renovated in the past three years with many improvements including: new vinyl windows, renovated kitchens and baths, heat pumps, upgrades to plumbing and electricity, hot water heater, grading/drainage, parking area. Zoning allows for commercial use of one or more of the units (with City approval). Attic space offers additional storage or potential for expansion of one of the second-floor units. Purchase for investment in this turnkey property or occupy one or more of the units while earning income from the other units.

Last Agent to Sell the Property

Donald Helmstetter

Real Estate Helm Listed on: 09/06/2021

Last Buyer's Agent

Charles Brawn

RE/MAX JARET & COHN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,440

Year Built

  • Built in 1897

Lot Details

  • 10,454 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Interior Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • 2,672 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 23 / A
  • Assessor Parcel Number ROCD-000020A-000000-023000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $8,563
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,440

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: North side of Park Street (Route 1) between Broad Street and High Street
  • Above Grade Finished Sq Ft: 2672.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1897
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2672.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 41400.0
  • Income Expenses Operating Expenses: 8563.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Location:Near Country Club: Yes
  • Water Heater:Tank: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Tile, Carpet
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Interior Lot, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 13

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: ROCD-000020A-000000-023000
  • Zoning: C2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 41400.0
  • Annual Operating Expense: 8563.0

Tax Info

  • Tax Annual Amount: 4440.0
  • Tax Block: A
  • Tax Book Number: 5340
  • Tax Lot: 23
  • Tax Map Number: 20
  • Tax Year: 2021

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
02/11/2022 02/11/22 Sold $390,000 -6.0% $146 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $415,000 -- $155 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1507878

Maine Listings