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24-26 Belmont St

Rockland, MA 02370
  • $740,000
  • STATUS: Active
  • MLS #: 72964364
$740,000
  • 6
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,629
    SQFT
  • $281
    $/SQFT
Neighborhood:
Other
Type:
Multi-Family
Built:
1880
County:
Plymouth
Area:
Other

School Ratings & Info

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Listing courtesy of Craig Shames of Conway Commercial.

Description

Amazing investment opportunity in heart of downtown Rockland. Massachusetts average capitalization rate is 4.6%, national cap rate is 5.4%. At current income, which is below market, this deal is a steal at 6.38%! One of only two multi families for sale in all of Rockland.

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The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-19T00:10:32.353.
www.welchmanrealestate.com/homes/127490983
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24-26 Belmont St Rockland, MA 02370

  • Price: $740,000
  • Status: Active
  • On Site: Days
  • MLS #: 72964364
6
Beds
4
Baths
0
½ Baths
0.1
Acres
2,629
SQFT
$281
$/SQFT
1880
Built
Neighborhood:
Other
County:
Plymouth
Area:
Other
Property Description
Amazing investment opportunity in heart of downtown Rockland. Massachusetts average capitalization rate is 4.6%, national cap rate is 5.4%. At current income, which is below market, this deal is a steal at 6.38%! One of only two multi families for sale in all of Rockland.
Exterior Features

Beachfront No Exterior Aluminum Foundation Poured Concrete Lot Description Paved Drive Parking Spaces 4 Waterfront Flag No

Interior Features

Appliances Unit1 RangeDishwasherMicrowaveRefrigeratorFreezer Appliances Unit2 RangeDishwasherMicrowaveRefrigeratorFreezer Appliances Unit3 RangeWall OvenDishwasherMicrowaveRefrigeratorFreezer Appliances Unit4 RangeDishwasherMicrowaveRefrigeratorFreezer Basement Yes Basement Features FullPartially Finished Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 3 Bedrooms Unit4 1 Cooling Unit1 Window Ac Cooling Unit2 Window Ac Cooling Unit3 Window Ac Cooling Unit4 Window AcWall Ac Fireplaces 1 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heating Unit1 Electric Baseboard Heating Unit2 Electric Baseboard Heating Unit3 Electric Baseboard Heating Unit4 Electric Baseboard Hot Water Natural GasElectric Levels 2 Levels Unit1 1 Levels Unit2 1 Levels Unit3 0 Levels Unit4 1 Rooms 14 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchenFamily Room Rooms Description Unit4 Living RoomKitchen Rooms Unit1 3 Rooms Unit2 3 Rooms Unit3 5 Rooms Unit4 3

Property Features

Amenities Public TransportationShoppingHouse Of Worship Apod Available Yes Assessments 445400.00 Disclosure No Expenses Year End 12/21 Gross Operating Income 54600 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 4 Family - 4 Units Up/Down Net Operating Income 47222 Rent Description Unit1 Gas Rent Description Unit2 Gas Rent Description Unit3 Gas Rent Description Unit4 Gas Rent Unit1 1100 Rent Unit2 750 Rent Unit3 1900 Sewer City/Town Sewer Short Sale Lender App Required Unknown Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2022 Taxes 7460.00 Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning Reside

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Craig Shames of Conway Commercial.


The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-19T00:10:32.353.
 
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Welchman Real Estate Group | Keller Williams Realty of Newport
18 Commons
Little Compton RI, 02837
Listing courtesy of Craig Shames of Conway Commercial.