Granite Group Realtors

28 W Water St, Rockland, MA 02370

Multi-Family

$475,000
Price

3
Units
2,244
Approx. GLA
Well located Queen Anne Victorian in the center of Town. Excellent off street parking for tenants and guests. Units 1 & 2 have in unit laundry rooms and good closet space. Unit 3 is a studio style unit. In 2002 owner did extensive renovations/updating to this property. Electrical, plumbing, heat, kitchens & baths. This investment property is a good opportunity for an owner occupant to get started. (For tenant's privacy no interior photos were taken)
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Walk Out, Sump Pump
List Price: $475,000
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Price Changed
Beds: 5
Baths: 3
Units: 3
Year Built: 1850
Approx. GLA: 2,244
MLS#: 72339529
 
Interior
Basement: Yes
Electricity Cost: $300
Electric Features: Circuit Breakers
Heating Units: 3
Heating Zones: 3
Flooring: Wood, Tile, Wall to Wall Carpet
Hot Water: Electric
Rooms: 11
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.25
Lot Size: 10,759.00
Lot Description: Paved Drive, Easements
Foundation: Granite
Parking Spaces: 6
Parking Features: Off-Street
Road Type: Public
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Electric Dryer, Washer Hookup
Exterior: Shingles
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $305,800
Taxes: $5,572
Tax Year: 2018
Book/Page: 23707/158
Beach
Beach: No
Expenses
Gross Income: $45,600
Gross Expenses: $4,750
Total Rent: $3,800
Net Income: $40,850
Insurance Cost: $2,200
Refuse Cost: $1,000
Water Cost: $1,250
 
 
Additional
Amenities: Public Transportation, Shopping
Disclosure Declaration: No
Disclosure: There is a daytime easement for driveway access for adjacent building customer parking. No overnight parking permitted.Plowing expenses are shared by both owners. 2 fireplaces in Unit 1 have not been used by tenant.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 2 1 1 0 No 1 $1,500
Unit 2 4 2 0 2 1 0 No 1 $1,500
Unit 3 3 1 3 1 No 1 $800
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Refrigerator, Washer, Dryer  Heating:  Hot Water Baseboard, Gas, Individual  Rooms:  Living Room, Kitchen, Laundry 
Unit 2
Rent Includes:  Water  Applicances:  Refrigerator, Washer, Dryer  Heating:  Hot Water Baseboard, Gas, Unit Control  Rooms:  Living Room, Kitchen, Laundry 
Unit 3
Rent Includes:  Water  Applicances:  Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Common
Cooling:  None  Heating:  Other (See Remarks)  Rooms:  Other (See Remarks) 
Map
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The listing office is GRANITE GROUP REALTORS® and the listing agent is Jim McGue. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. and it's 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. The data was last modified on 6/24/2018 3:05:00 AM.
 
Jim McGue
Jim McGue
Owner/Broker
Granite Group Realtors