83 Summit St Active Save Request In-Person Tour Request Virtual Tour
Rockland,MA 02370
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,438 sqft
Price per Sqft $348
MLS Listing ID 73436893
Bedrooms 6
Full Baths 4
Year Built 1860
Annual Tax Amount $10,000
Tax Year 2025
Lot Size 0.330 Acres
Property Sub-Type 4 Family
Property Description
83 Summit Street consists of a two-story building containing two (2) 1-Bedroom/1-Bathroom units and two (2) 2-Bedroom/1 Bathroom with 2,438 square feet of gross living area in 3,957 total gross square feet. The Property is situated upon a 0.33-acre parcel on a corner lot with eight (8) off-street parking spaces for residents. Numerous capital improvements have been completed under current ownership. Upgrades include new kitchens and bathrooms in 2 of 4 units, newer roof, siding and water heaters on an as needed basis. Unit 4 is currently vacant. The Property is separately metered for electricity and hot water which the tenants pay directly. The Landlord is responsible for oil-fired heat, and domestic water and sewer. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market.
Location
State MA
County Plymouth
Zoning RESIDE
Exterior
Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Public School
Roof Type Shingle
Building
Lot Description Corner Lot
Story 4
Foundation Block,Stone
Sewer Public Sewer
Water Public