Closed
50 Summer Street
Rockland ME, 04841
$950,000
Closed
11 Baths
8,936 sqft
Multi-family
Built in 1874
Courtesy of Midcoast Realty Group
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.
1580845
MLSⓇ ID
January 22, 2024
Listed
March 12, 2025
Updated
Interior Features
Total Stories
3
Total Bathrooms
11
Full Bathrooms
11
Floor Description
Wood, Vinyl, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Multi-Zones, Hot Water, Baseboard
Basement
Yes
Exterior/Building Features
Lot Size
0.42 Acres
Lot Features
Level, Open Lot, Sidewalks, Landscaped, Intown, Near Shopping
Architectural Style
Colonial, New Englander, Victorian
Roof
Composition
Sewer
Public Sewer
Other Property Details
Taxes
$13,484
Tax Frequency
Annually
Garage
Yes
Garage Spaces
2
Parking
11 - 20 Spaces, Gravel
View
No
County
Knox
Water Source
Public
Utilities
Utilities On
Zoning
Residential A
Listing History
Date | Event | Price |
---|---|---|
3/12/2025 | Sold | $950,000 |
4/5/2024 | Under contract | — |
3/28/2024 | Price change | $950,000 -5% |
3/28/2024 | Active | — |
3/22/2024 | Under contract | — |
3/4/2024 | Active | — |
2/7/2024 | Under contract | — |
2/2/2024 | Under contract | — |
Listing Contact: 207-701-1230
Bought with NextHome Experience and Listed by Midcoast Realty Group
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor MidcoastHome shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 12:46 PM UTC, 3/12/2025