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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Rockland, ME
Rental Income
$ 489,000
ROI
30.1
Cash Flow/m
1414- 4 Bed
- 3 Bath
- 2728 sft
20 Chestnut Street, Rockland, ME, 04841
Rental Income
$ 485,000
ROI
30.4Cash Flow/m
1439- 5 Bed
- 3 Bath
- 2506 sft
17 Grove Street, Rockland, ME, 04841
$ 549,000
ROI
26.9Cash Flow/m
1035- 8 Bed
- 4 Bath
- 4140 sft
19-21 Grove Street, Rockland, ME, 04841
$ 425,000
ROI
35.1Cash Flow/m
1818- 5 Bed
- 3 Bath
- 3411 sft
68 Masonic Street #3, Rockland, ME, 04841
Why Invest in Rockland, Maine?
Rockland, ME offers strong potential for multi-family investments amid Maine's housing reforms allowing more duplexes and small units. Coastal appeal drives year-round rental demand from professionals and remote workers. Expect moderate appreciation of 2-4% with cap rates around 6-7%. Rental yields average 7-8% supported by low vacancy and tourism spillover. Zoning flexibility under LD 2003 creates infill opportunities for cash flow.
8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Yes, zoning reforms like LD 2003 enable more duplexes and small units. Steady rental demand from tourism and remote workers supports 6-7% cap rates. Focus on infill projects for best returns.
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