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$ 850,000
Est. payment /mo
Active
83 Summit St Rockland, MA 02370
6 Beds
4 Baths
2,438 SqFt
UPDATED:
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
Acres 0.33
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
Direction Please use GPS.
Rooms
Basement Full
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Roof Type Shingle
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot
Story 4
Foundation Block, Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Horvath & Tremblay
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