35-37 Salem Street

Rockland, MA 02370

$1,200,000
Last Sold Price
14
Beds
5
Baths
4,450 Sq. Ft.
$270 / Sq. Ft.
4,450
Sq. Ft.
$270
per Sq. Ft.

Description

Back on the market due to financing Attention INVESTORS and DEVELOPERS – Rare opportunity to own a 5-Unit building in Rockland! Sited on almost an ACRE OF LAND, the five units are positioned over three floors. The building is comprised of two 2-bedroom units, two 3-bedroom units, and one 4-bedroom unit. Each unit is serviced by its own water heater and gas heating boiler. All units have separately metered gas and electric utilities. Common laundry room. Off-street Parking for 12+ cars. Easy access...Back on the market due to financing Attention INVESTORS and DEVELOPERS – Rare opportunity to own a 5-Unit building in Rockland! Sited on almost an ACRE OF LAND, the five units are positioned over three floors. The building is comprised of two 2-bedroom units, two 3-bedroom units, and one 4-bedroom unit. Each unit is serviced by its own water heater and gas heating boiler. All units have separately metered gas and electric utilities. Common laundry room. Off-street Parking for 12+ cars. Easy access to highway, public transportation and shopping. Potential to develop or add more units
  1. Listed by Anne M Kennedy • Coldwell Banker Realty - Newton

Property Details for 35-37 Salem Street

Town
Rockland
Area
MA-Rockland
Garage Spaces
0
Parking Spaces
12.00
Parking Spaces Total
12

Location

Listing Courtesy of Coldwell Banker Realty - Newton, Anne M Kennedy

Sold By Benny's Realty Group, Andrea Aro

Add your commute
LISTING UPDATED: 09/18/2023 04:39 PM

Property Details for 35-37 Salem Street

StatusSold
MLS #73099855
Days on Market105
Taxes$15,970 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyPlymouth County

Location

Listing Courtesy of Coldwell Banker Realty - Newton, Anne M Kennedy

Sold By Benny's Realty Group, Andrea Aro

Add your commute

Building Information for 35-37 Salem Street

Stories9Residences5Year Built1900Building Size-Lot Size0.98 AC / 42,812 SF

Payment Calculator

$7,880 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,331

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 35-37 Salem Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Sidewalks
  • Current Financing: Cash
  • Living Area: 4450.0
  • Color: Grey
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer, Unit 1(Range, Dishwasher, Refrigerator, Vent Hood), Unit 2(Range, Unit 3(Range, Disposal, Microwave, Unit 4(Range, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Basement Features: Partial, Concrete Floor, Unfinished Basement
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Carpet, Varies Per Unit, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors), Unit 3(Hardwood Floors, Stone/Ceramic Tile Floor), Unit 4(Tile Floor
  • Interior Features: Unit 1(Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Pantry, Bathroom With Tub & Shower), Unit 3(Ceiling Fans, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Unit 4(Pantry), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Laundry Room, Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck, Covered, Gutters, Unit 1 Balcony/Deck, Unit 3 Balcony/Deck
  • Exterior Features: Deck, Covered Patio/Deck
  • Lot Description: Level
  • Patio And Porch Features: Deck, Covered
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Improved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Improved Driveway
  • Parking Features: Off-Street, Improved Driveway
Utilities
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Green Energy Efficient: Thermostat, Varies per Unit
  • Heating: Unit 1(Hot Water Baseboard, Gas, Unit Control), Unit 2(Hot Water Baseboard, Unit 3(Hot Water Baseboard, Unit 4(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Sold "AS IS" and "AS TENANTED". Sellers have never lived in home. Neither sellers nor Listing Agent make any representations as to the accuracy of any information contained herein. Buyers & buyers agents to do their own due diligence. DO NOT WALK LOT OR TRY TO ACCESS PROPERTY WITHOUT LISTING AGENT!
Tax Information
  • Tax ID: M:29 B:0 L:2,1155651
  • Assessments: $1,049,300
  • Book: 44101
  • Tax Year: 2023
  • Zoning: RESIDE
Building / Association Information
Living Characteristics
  • Beds Total: 14
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 5
  • Heat Zones: 5
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $139,308.00
  • Gross Scheduled Income: $1,152.00
  • Insurance: $4,429.00
  • GRE: $11,083
  • RFS: $2,414
  • NOI: $119,717.00
  • Operating Expense: $11,083.00
  • WSE: $3,088.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,109.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 35-37 Salem Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 35-37 Salem Street

Taxable ValueLand$190,900Additions$858,400Total$1,049,300
Tax Record2023$15,970 ($1,331 / month)
Home Facts
Baths5Total Finished SqFt4,233 SqFtAbove Grade Finished SqFt4,233 SqFtStories3Lot Size42,812 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1998ZoningRESIDECountyPLYMOUTHAPNROCK M:29 B:0 L:2

Schools near 35-37 Salem Street

This home is within Rockland School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - PK to 12
Public - K to 4
Public - K to 4
Rating
School
Distance
John W Rogers Middle School
Public5 to 8

Rockland Senior High School
PublicPK to 12

Memorial Park Elementary School
PublicK to 4

Jefferson Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Newton, Anne M Kennedy

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.