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RARE SIX FAMILY Investment Opportunity!! This property is configured today as 6 well-sized,1 bedroom units w-EIK. Great rental location, plenty of off-street parking and low operating overhead. New monitored, fire alarm/CO system installed in 2024. Property is in need of considerable renovation to secure market rate rents and is being sold AS-IS and can be delivered vacant/tenant-free. Even with estimated repairs, the Cap rate is still likely over 10%! Come bring your experts and your ideas and unlock the potential of this rare investment opportunity.
General Information for 45-47 Park St Rockland, MA 02370 |
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Town | Rockland |
County | Plymouth |
Stories | 5 |
SQFT | 4,026 |
Status | Available |
Listing Number | 73444708 (MLSPIN) |
Rooms Information for 45-47 Park St Rockland, MA 02370 |
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Interior Information for 45-47 Park St Rockland, MA 02370 |
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Basement | Full Walk-Out Access Unfinished |
Interior Features | Laundry Room Living Room Kitchen Hardwood |
Appliances | Washer/Dryer Range Dishwasher Refrigerator |
Exterior Information for 45-47 Park St Rockland, MA 02370 |
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Lot Size | 0.17 acres |
Lot Description | Cleared Level |
Construction | Frame |
Parking | Spaces: 12 Paved Drive Off Street |
Lot | Cleared Level |
Water | Public |
Sewer | Public Sewer |
Exterior Features | Fenced/Enclosed Fenced |
Neighborhood Information for 45-47 Park St Rockland, MA 02370 |
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Neighborhood Amenities | Public Transportation Shopping Park Walk/Jog Trails Laundromat Bike Path Conservation Area Highway Access Public School |
Schools information for 45-47 Park St Rockland, MA 02370 |
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Elementary | Jefferson |
Middle | John Rogers |
High | Rockland High |
General Area Public, Private School and College Information | |
Miscellaneous Information for 45-47 Park St Rockland, MA 02370 |
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Year Built | 1870 |
Association Fee | 0 |
Taxes | $6,303 /Yr |
Comp | |
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Condo | Data |
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Units | 6,920 |
Avg Price | $936,179 |
Avg Days Listed | 98 |
Total New Listings | 6 |
House | Data |
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Units | 12,196 |
Avg Price | $1,249,385 |
Avg Days Listed | 86 |
Total New Listings | 11 |
Multi-Family | Data |
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Units | 2,111 |
Avg Price | $1,280,553 |
Avg Days Listed | 109 |
Total New Listings | 5 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
Address | Closing Date | List Price | Closing Price | % of List Price |
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Listing: 1 of 1 | Updated 50 minutes ago |