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

 

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