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Bean Group
Offered at $439,500Active
beds
4
baths
3
sq ft
4,460
Built
1950

37 Water Street

Rockland, ME 04841

About this home

This two-story building is currently an active church on the first floor and offers potential for various uses. The second floor is a parsonage apartment with numerous rooms, allowing for growth and flexibility. Key features of the building include: City water and sewer connections A newer hot water baseboard heating system with multiple zones A newer electric hot water tank and oil tank Recently updated roof shingles on the entire building Located in a B Zone, near the former MBNA building, which houses the YMCA and offices The building may offer harbor views from the second floor, depending on positioning. Close to Rockland's Boardwalk, adding to its appeal. The full basement has good ceiling height and a partial kitchen with water service, offering further potential for expansion. Parking is available in the back for a couple of cars, with additional parking alongside the building. With its central location and room for development, this building offers many possibilities, including converting the space into multiple units, or a workshop/showroom on the first floor with residences above.

Listing last checked: Listing updated:

Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1611231

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Details at a glance

Interior5 property facts
Rooms
13
Heating
Oil, Baseboard, Hot Water, Zoned
Cooling
None
Flooring
Carpet, Laminate
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1950
Garage
0
Foundation
Stone
Roof
Shingle
Land & utilities4 property facts
Lot size
0.14 acres
Water
Public
Sewer
Public Sewer
Zoning
B
Financial2 property facts
Annual taxes
$8,400
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $439,500 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,922 / monthAdjust
Principal & interest
$2,222
Property tax
$700
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $8,400. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 37 Water Street

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Request a tour of 37 Water Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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